Every poster has made a valid point but they are all missing the same thing that caused me to post yesterday. The average Joe is not a Dr!!!! Affordability for J6P is the issue that got us here. If J6P only has a median HHI of Sub 70K where do you think they are going to come up with the downpayment on a 400K house???!!!??? Where??!! A lot of the posters here are extremely myopic about this issue and need to open their freaking eyes.
Uh, good financial planning, savings, and spending habits? How hard is it really to save $100k for a couple? Shouldn't take longer than 8 years, 4 if you're really disciplined. Don't know. Anyone else care to chime in.