Home › Forums › Housing › nesting young 4s Ranch experiences and puzzling questions › Here is what irks me about
Here is what irks me about real estate prices and mortgage companies in San Diego:
Assuming an annual salary of 90k per year:
2 bedroom condo price between 200-400k in most places San Diego county down payment of 40k
Mortgage would cost between 2-4k per month (tax, insurance, mortgage)
My take home pay would be 4600 per month.
How can anyone afford such insane mortgage? This for a condo and not the overpriced 900k homes in foreclosure ranch (4S) or San Elijo hills.
My rent is 1100/month and seems better to keep renting even if I throw money away on rent and not on a home.
