Following on from the rich people are stingy thread I am interested in peoples perceptions of the amount of their disposable income as a % for a loan repayment and/or multiples of annual income people feel is reasonable to spend on what are most peoples two largest purchases.
The family home and their car(s).
WA average full time salary is ~$80k and median house price is $460k or 5.75 years pay.
Basic Commodore or Falcon is in the 30's or 4-5 months pay.
What ratios do people feel appropriate?