Housing Crisis in Australia

smoothmoniker · 03-04-2008, 01:28 AM

30% of income seems really, really low.

lookout123 · 03-04-2008, 10:11 AM

in your neck of the woods 50% isn't unheard of though smooth. the rest of the nation the target has been around 35% for some time. until they all folded you could easily get a loan qualification that would take you to 50% total Debt/Income ratio.

03-04-2008, 01:28 AM	#1
smoothmoniker to live and die in LA Join Date: Feb 2003 Location: Los Angeles Posts: 2,090	30% of income seems really, really low. __________________ to live and die in LA

03-04-2008, 10:11 AM	#2
lookout123 changed his status to single Join Date: Apr 2004 Location: Right behind you. No, the other side. Posts: 10,308	in your neck of the woods 50% isn't unheard of though smooth. the rest of the nation the target has been around 35% for some time. until they all folded you could easily get a loan qualification that would take you to 50% total Debt/Income ratio. __________________ Getting knocked down is no sin, it's not getting back up that's the sin

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