My last house was less than 1 years salary. The peace of mind having a really low payment on a 15 year note that I could pay off quick with some belt tightening if I had to was really nice. I have a good job, but it was nice to know if I lost it I could pay my note working a couple less well paying jobs if I needed to. My current house was 3x my salary. Definitely adds pressure knowing if I lose the job the house is going on the market, but then again it’s a place my wife and I have been working towards for almost 20 years when I got it. And like some others have said, right now in my locale, it’s worth more than double what I paid.


MAGA