Mortgage payment more than 30% of income?There are risks, do not do the potential to break the family
Do your monthly mortgage payments exceed 30% of your income?Have a risk!Don’t be a potential confession breaker.Because I am also a person who has to pay the mortgage every month, SO WHEN I see the relevant mortgage news, I will pay special attention.Today I saw a message that in recent years the property market turnover decline, the market into the winter.In 2021 alone, 650,000 units of housing will be cut off, an explosive increase compared with several thousand units in 2017.A few years ago, I bought a house of 100 square meters from my company in our small county. At that time, the house price was not high, about 1800 yuan per square meter. The house was 100 square meters in total.But after all, only 100 square meters, only two bedrooms, it is very inconvenient to live in, and then the idea of changing a bigger house.In recent years, the housing price of our small county has been rising fiercely. The new house I bought the year before last was 139 square meters, with an average price of about 7000 yuan.Including the parking space and other costs, the total cost was about 1.05 million yuan when I handed in the room and took the key a few days ago.Of course, we are grass-roots units of double workers, with provident fund loans of 500,000, their hands have a deposit of 300,000 or 400,000, received two hundred thousand.So far, in addition to the monthly loan of two or three thousand yuan, we also owe tens of thousands of yuan, are relatives.Now the mortgage is deducted on time on 20th every month.We have calculated an account, my daughter-in-law and I each month’s provident fund just can deduct every month’s mortgage, if everything is normal.So we don’t feel much pressure, or even feel the pressure to pay the mortgage.After all, we are public institutions, double workers wages drought or flood protection, which is guaranteed.That’s what we thought at the time.We just need to pinch and scrape, save some money to owe that tens of thousands of dollars on it, the mortgage is unnecessary to take care of.However, in the last few months, something changed and the balance was upset.The unit that my object is in, the housing accumulation fund that a few of their reasons bring about a worker had one year time did not pay.That is to say, my own housing provident fund account will soon run out of money, and she can no longer supply, we will be faced with the situation of using wages to repay the loan, the heart is still a lot of panic.What I mean by that is that this is probably a microcosm of how we Chinese people pay their mortgages.We’re also at risk of foreclosure, and that’s probably how those foreclosures are formed.The consequences of breaking offers are of course very serious, one is the problem of breaking promises needless to say, the second is that the house will probably be auctioned, hard work, what also can not get.This makes me feel sad, thinking of my monthly mortgage payments these days, really frugality, budget.Data shows that many post-80s and post-90s now have a down payment for their first apartment, as little as 500,000 or 1,000,000 yuan, and as much as 2,000,000 or 3,000,000 yuan.Where did all this money come from?Of course, it is the support of the elderly, relatives and loans, so the mortgage pressure will be mainly borne by the young sooner or later.Problem is, we haven’t even paid for the back.We haven’t figured out the furniture and appliances yet.The cost of living in the city had not yet been calculated.Yesterday, I took a taxi and talked with the taxi driver about the mortgage issue. I said that the first condition of many rural girls is to let the man buy a house in the city.But they haven’t calculated that their income is good enough to live under the pressure of living in the city?Buying a house is one problem, but buying a house to live in is another. Gas, heating, property management, living expenses, transportation, education and so on are all counted. In a small county like ours, a family needs at least 80,000 yuan per year to run normally.It is unlikely that the couple will earn more than 100,000 yuan a year in the city.So to buy a house to be rational, to act accordingly, do not do a moonlight clan, to have a long-term plan.If your mortgage is more than 30 percent of your income, and if you’re making $10,000 a month, you’re going to have to come up with $3,000 or $5,000, you’re going to be under a lot of pressure.Personally, I feel that you have become a potential withholding clan, in case of the issue of withholding, everything will go to pot.Even if there is no default, you will face considerable anxiety.You can imagine the consequences of chronic anxiety.So it is not not recommended that you buy a house, but better think about it, can’t afford to buy a big one, buy a small one, can’t afford to buy two sets of one, can’t afford to buy a house in the city, live in the countryside, this is not good?Why make yourself so miserable?How happy is that?What do you think?