[quote=La Jolla Renter]Affluent family in San Fran and NYC live in pretty small apartments with kids. 900 – 1,000 sqft for a family of 4.

BG, I don’t think we are pushing our values. Just our opinions for all readers to take it or leave it. But point taken.

Anyone have an idea of what the max mortgage a family in this situation could qualify for? The current guidelines seem pretty conservative.

What does 50-75 miles a day extra commute cost? A home right next to your office is probably worth $50k more in home price.[/quote]

Probably closer 500K more.