
Looking to invest? What can you afford?
It seems that as credit is becoming more widely used and social pressure is increasing, the definition of “afford” is shifting at an exponential and potentially dangerous rate. Using households as an example, Corelogic states that from September 2016, the percentage of family income required for a 20% deposit is 125.3%. This statistic alone would cause you to scratch your head, but the chances are that you or … Read more »