How is that even possible? At interest rates that's 100% of income. Or it's becoming a rich area and next generation of up and comers needs to find a new frontier like the old generation did
> How is that even possible? At interest rates that's 100% of income.
Can you elaborate on what you're saying here?
> Or it's becoming a rich area and next generation...
Yeah in a sense it has to become a rich area because of housing costs. The "new frontier" where houses (not apartments) are 3x median annual income is 2 hours drive out of the city.
