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Originally Posted by KMA-628
One of the most important factors is being left out of this debate - interest rates
When you buy a home do you look at the total price or the monthly price? We pay on the deficit like homeowners pay on their mortgage. A $300,000 house can be too expensive at XX% and more than affordable at a lower percentage.
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But What if you can only afford an $80,000 house in the first place?