In the UK, they started moving the qualifying incomes for mortgages into insanity levels because, well, if they hadn't then nobody could have afforded a bloody house and the market would have stalled years ago.
Damned straight. I'm very glad that ias and I kept our income multiple low (to around 2.5) when some lenders were offering multiples above 5.
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timeasmymeasure
no subject
Date: 2010-08-11 08:49 am (UTC)Damned straight. I'm very glad that