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Reply to "What is affordable housing to you?"
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[quote=Anonymous]In the DC area a HHI should be the goal 200k. That's 100k for 2 people or 200k for one if you prefer that model. For most college gradudates that is very easy to hit by 30-35ish So affordable housing to me is around there That puts the mortage payment at around 4000 a month which is selling price of around 900k If you aren't at 200k HHI or don't see how you could get there. I would consider moving plenty of other areas of the country where you can be very comfortable on say 100k HHI. The DC area isn't one of them. [/quote]
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