masoyama t1_je3onam wrote on March 29, 2023 at 4:30 AM

Reply to comment by cheesusbreezus in Would you buy a house in RI right now? Why or why not? by TransitionSea9480

Lol at that price to income ratio. At my household we are looking to ideally buy a house around $500k ( below the limit) but we make over 3 times the household income limit. Cant imagine going into that much debt with those income numbers.

o8r8a8n8g8e t1_je3s1g2 wrote on March 29, 2023 at 5:06 AM

If you make 3x the household income limit, just buy a house normally and save the grants for people who need it. To be clear to those who haven't followed the links... you'd need to make over $300k to be "3 times the household income limit". What a crap complaint.

masoyama t1_je3sbwv wrote on March 29, 2023 at 5:09 AM

Im not complaining I don’t qualify lol. Im pointing out that the debt leveraging the state is incentivizing on its citizens is 3 times more than what we are comfortable taking on in my family. We make a lot more and still won’t buy a house at that price range as its taking on more debt than its sensible