What is the average salary of two people to afford a $500,000 house?

+1 vote
asked Oct 16, 2017 in Real Estate - Renting by Gert U (180 points)
What is the average salary of two people to afford a $500,000 house?

1 Answer

0 votes
answered Oct 16, 2017 by Judy (56,120 points)
To be able to afford a $500,000.00 house you would need to be making $200,000.00 per year.

It's better though to buy less house than you can afford.

108,898 questions

119,414 answers

1,362 comments

7,058,557 users

...