I realize this is very much a "think outside the box" question.
I just can't stop thinking that there needs to be a new "rule of thumb" regarding how much house one should buy, and it ought to factor whether or not you are on track as far as retirement savings, and what your savings trajectory is.
For example, if you have 2 households with similar incomes and total debt as percentage of income, but one household has only 1/2 the savings as the other house and saves a much smaller percentage of their income, wouldn't it make sense that they ought to own a much less expensive house?
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“May you have warm words on a cold evening, a full moon on a dark night, and a road downhill all the way to your door.” - Irish Blessing
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