Re:My Biggest Regret as a Programmer
by cookiecaper on Wednesday April 06, 2016 @02:32PM
(#11440718)
Mortgages are usually cheaper than rents on comparable units. The issue is that they require a big upfront chunk of cash to get into.
And, as a sibling comment stated, it depends on location. I think $80k is right for most areas of the country. If you live in NYC, SF, LA, or another place with really high cost of living, adjust accordingly (which is probably like 2.3x).
And, as a sibling comment stated, it depends on location. I think $80k is right for most areas of the country. If you live in NYC, SF, LA, or another place with really high cost of living, adjust accordingly (which is probably like 2.3x).