Thread: Housing market
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  #86  
Old Posted Sep 26, 2008, 10:50 PM
Blurr Blurr is offline
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Join Date: Sep 2008
Posts: 131
I really don't think there is much to worry about have a little debt. Especially in Hamilton where housing prices are reasonable, it's quite manageable to service the debt with a decent job. I mean you can afford a house on a single 40k income in a whole bunch of areas in Hamilton.

Of course this doesn't mean getting into the US' mess by taking out 103% mortgages and spending the money on expensive goods.
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