[RKDinOKC]

When I was house hunting my goal was to find a house in which the payment for 80% would not be over 1/5th of our household income. At the time that limited our house hunting to 150K max. There were a LOT more houses on the market for more money. Our household income was above average for this area so I asked my relator how people could afford those expensive homes. She said it was simple their payments for their house, car, and credit cards was more than their household income and they were going deeper in debt every month.