15x the annual income for a house... good thing the interest is tax deductable! Let's see, with 90% of your income to pay for the interest on your house, that only leaves 10% of your income to be taxed... Doesn't work, the US gov needs a lot more money than that. You have to add another premise: 1% housing interest rate (we'll borrow the money from the Saudi's... and if they don't like it -- too bad. Like a good neighbor, the US is there! <G>).