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How Much House Can You REALLY Afford?

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Are you buying a house? Here's how you will know whether or not you can really afford the house you want.
Today I'm answering the question, how much house can you really afford?

Disclaimer: Content produced by Money with Carla is intended as educational only. It does not substitute the need for professional investment advice. Although I do everything I can to ensure calculations are accurate, they could include errors. Please consult a licensed professional before investing in investment products. Money With Carla is not a licensed advisor and does not sell investment products.
Chapters
  • 00:00 Intro
  • 00:44 What it means to be house poor
  • 02:39 The biggest mistake people make when house-shopping
  • 05:17 Money "invested" into a house
  • 06:03 The bank's business model
  • 07:07 Renting can be smart
  • 07:52 How to calculate how much you can afford
  • 09:16 The emotional side of homeownership
  • 10:08 A very important catch
27 Feb English South Africa Investing

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