Afamily 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