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A family of four, two parents and two young children, are looking to move into a house. Their current budget for their apartment is $900 a month. The parents’ gross annual income is $70,000. Which of the following houses would they be able to afford to buy? a. A four room house in the suburbs for $200,000 b. A six room house in the hills for $285,000 c. A four room house near the city for $175,000 d. A five room house in the city proper for $190,000
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A family of four, two parents and two young children, are looking to move into a house. Their curren...
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