I know what people think they can afford, but my question is
who is getting mortgages these days? I understand there are people who have saved for several years and can make a sizeable downpayment but I don’t think they make up the majority of home buyers.
What are lenders lending to folks in the “middle class”? I still see houses being purchased here in North Park for well above 600K. Has it become an “upper class” neighborhod?
