> Throw in bills and other expenses and you're looking at ~40% of your monthly income, assuming a salary of 130k.
That's not a very good assumption. $130k is on the low end for anyone with enough experience to be looking at a home purchase.
I don't know why an absolute value is ever considered "insane." If salaries support it, it's not insane.
Even with the high housing prices (caused mostly by regressive zoning policies), senior engineers at a big tech company or late-stage startups should be able to afford a home.
That's not a very good assumption. $130k is on the low end for anyone with enough experience to be looking at a home purchase.
I don't know why an absolute value is ever considered "insane." If salaries support it, it's not insane.
Even with the high housing prices (caused mostly by regressive zoning policies), senior engineers at a big tech company or late-stage startups should be able to afford a home.