Posting to save the link, this article demonstrates why this is so, using a fairly conservative possible budget example. you-cannot-afford-a-350000-home-with-a-75000-household-income
I like how it makes sure to maintain retirement and rainy day savings amounts, while being fairly (but not quite rock-bottom) frugal about everything else.
Where I find links like this http://patrick.net/housing/crash.html
I like how it makes sure to maintain retirement and rainy day savings amounts, while being fairly (but not quite rock-bottom) frugal about everything else.
Where I find links like this http://patrick.net/housing/crash.html