Comments on: How much house can you afford? http://www.rulesofthumbs.com/2007/11/04/how-much-house-can-you-afford/ The User Generated Source for Venture Capital, Private Equity, and Start-up SWAGs Thu, 22 Sep 2011 14:53:14 -0700 hourly 1 http://wordpress.org/?v=3.1 By: Andrew http://www.rulesofthumbs.com/2007/11/04/how-much-house-can-you-afford/#comment-32 Andrew Tue, 15 Jul 2008 20:51:32 +0000 http://www.rulesofthumbs.com/2007/11/04/how-much-house-can-you-afford/#comment-32 If you don't own a car, you can put the money into the housing costs. This allows you to double the value. I.E. Someone living in NYC, in subway range, (or who can bike to work in San Franciisco) you can afford a home that is upto 5 times their GROSS income. If you don’t own a car, you can put the money into the housing costs. This allows you to double the value.

I.E. Someone living in NYC, in subway range, (or who can bike to work in San Franciisco) you can afford a home that is upto 5 times their GROSS income.

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