dow 24000

[1989]

Don't have to. Debt to income ratio.

That’s all that matters. Along with confirming addresses your name is associated with.

 

[MAKAVELI]

That’s all that matters. Along with confirming addresses your name is associated with.

Yes and a family of 4 will have a larger debt to income ratio than a single person with the same household income.

 

[Catatonic]

Yes and a family of 4 will have a larger debt to income ratio than a single person with the same household income.

Especially if they are female.

 

[1989]

Yes and a family of 4 will have a larger debt to income ratio than a single person with the same household income.

Why? Some will and some won’t.

 

[MAKAVELI]

Why? Some will and some won’t.

Why? Because the cost to house, feed , and clothe 4 is greater than 1. Simple math.

 

[1989]

Why? Because the cost to house, feed , and clothe 4 is greater than 1. Simple math.

That’s not debt. Debt to income only counts your debt. if you are buying a house, your rent will go away. All you have left are your loans.

 

[MAKAVELI]

That’s not debt. Debt to income only counts your debt. if you are buying a house, your rent will go away. All you have left are your loans.

Yes a family of 4 will incur more debt. Ttku.

 

[Catatonic]

Yes a family of 4 will incur more debt. Ttku.

The context is a Mortgage application.
Debt is money owed to other people.
What you are describing is expense.

 

[MAKAVELI]

The context is a Mortgage application.
Debt is money owed to other people.
What you are describing is expense.

What I'm talking about is reality.

 

[1989]

What I'm talking about is reality.

The reality is, a family of 4 can purchase a 300k home with a household income of $59k. Weather 1 person is working or all 4.

 

[MAKAVELI]

The reality is, a family of 4 can purchase a 300k home with a household income of $59k. Weather 1 person is working or all 4.

Sorry that's not reality.

 

[El Correcto]

Sorry that's not reality.

Says the guy that promotes socialism.

 

[Brownslave688]

The reality is, a family of 4 can purchase a 300k home with a household income of $59k. Weather 1 person is working or all 4.

That's what caused
The housing bubble.

 

[Catatonic]

What I'm talking about is reality.

Well obviously then, a mortgage application does not ask for reality.

 

[El Correcto]

Sorry that's not reality.

That's what caused
The housing bubble.

I don’t think you understand the housing bubble.

 

[BrownArmy]

Says the guy that promotes socialism.

So, Alex Jones is the dam that keeps the 'gay chemicals' from killing frogs?

K.

 

[Brownslave688]

I don’t think you understand the housing bubble.

Subprime loans.


Give people loans for homes they can't afford.

Someone bringing home 60k per year has no business buying a 300k home. Not without a massive downpayment.

 

[El Correcto]

So, Alex Jones is the dam that keeps the 'gay chemicals' from killing frogs?

K.

Please don’t insult Alex Jones, he is a brave soldier leading the spearhead into the deep state. History will look back fondly on Alex Jones and his love of our amphibian allies.

 

[BrownArmy]

Please don’t insult Alex Jones, he is a brave soldier leading the spearhead into the deep state. History will look back fondly on Alex Jones and his love of our amphibian allies.

K.

 

[Jones]

Subprime loans.


Give people loans for homes they can't afford.

Someone bringing home 60k per year has no business buying a 300k home. Not without a massive downpayment.

Thank you. Just because the bank will loan you the money doesn't mean it's a good idea.