No. of Recommendations: 0
I have very little sympathy for them. There are numerous titles out there, and have been for years, espousing the wisdom of buying a house that is not more than 3x one's annual gross household income with 20% down before buying, but people have been thumbing their noses at that, and ignoring sky-high, unsustainable valuations, and buying with 103% mortgages, and being complete buffoons for years.
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