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sorry to but in here but I dont think the 80/20 is the problem as much as "overbuying" is. That is the sad part.... we bought our first home (yes with the 80/20) a few years ago....we were pre appoved for OVER TWICE what we knew we could safely afford. I think too many see that as the go ahead. "well the bank will give it to me so that means I should be able to afford it".......NOT!
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