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    Why Is 30%+ Of Household Income Considered Mortgage Stess

    :confused:Hi, my wife and i bring home about $1700pw,our loan repayment is about $530pw which is 32%, we can afford double that and do.why people want to be able to own a home and still blow 70% of their income baffles me.I reckon they should put 70% of income into their home and live on 30%...
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