I remember when I took my first job out of college earning 32,000 my realtor told me the highest price home I could afford with 5% down was 98,000. I found a house I really liked listed at 102,000 and he strongly urged against me buying it (which I did anyway). How times have changed, now the govt of all people encourages people with that income level to buy in the 300,000s. WTF. Our government evidently wants its citizens to be as broke as it is. Shameful.
