Income vs. Housing Costs?

I have recently noticed how high home prices are all over the country and how people don't think twice about paying $250,000+ for a plain Jane home. I know people probably have no choice, but I am wondering how they manage their mortgages, insurance, and property tax. What I would like to know is the three... show more I have recently noticed how high home prices are all over the country and how people don't think twice about paying $250,000+ for a plain Jane home. I know people probably have no choice, but I am wondering how they manage their mortgages, insurance, and property tax. What I would like to know is the three below questions.

1. How much did you pay for your home & when?

2. How much is your annual family income?

3. Do you find it hard paying what you pay for your home?
Update: I paid $80,000 9 years ago for a 1560 sq foot home in Corpus Christi, TX.
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