In my view, any kind of meaningful bailout is unlikely. 800K houses are mostly in the luxury category and you don’t really need those unless a) it’s a status symbol or b) you have 3+ kids and you want to send them to best schools possible. Overextending when you have 3+ kids is a BAD idea.
It is very unlikely that you will qualify for a 800K house with a 125K income, even with 20% down.
