You need to gross about $84,000 a year to comfortably afford a house worth $300,000.
I say "comfortably" because while you may be able to get a mortgage loan with a smaller salary,
it will undoubtedly add greater stress to your financial situation,
especially if you were to experience a sudden loss of job or an injury.
Try to stay on the safe side.
housing prices do not always go up.
A home is a asset that can also depreciate,
so you don`t want all your eggs in your home equity.
What happens if the housing market collapses again?
It could happen.