Quote:
Originally Posted by photon
I'd agree that in that 3:1 to 4:1 area is an ideal zone.
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I'm intrigued by this rule of thumb...
Would you say that this is a good rule for an individual to target for their own housing situation - i.e. go buy a house that is 3 - 4x your annual household income?
I know that in my case, I wouldn't be doing that so I am not sure where the 3 - 4x rule comes from.