Quote:
Originally Posted by LivingAlmostLarge
50% of income seems like a lot. Personally not sure but if this is the case then how are so many people affording two Honda Accords or Accord and CRV? Those are each $25k and yet do people really earn $100k to make each person driving one feasible?
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Those folks are living beyond their means buying, or more often leasing, cars that they really can't afford. I think the 50% rule is too high. Should be even less than that.
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Steve
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