I worked in the business for several years, and one thing that always puzzled me is the people coming in looking for a huge house, with a tiny payment.
I agree 100k is alot of money, 12 years of rent, if your rent is 700 on a rental.
Clayton homes builds homes in the range of $35 per square foot, to about $75 per squarefoot.
One thing that I had noticed at Clayton, and most all industries. The pricing is consistant with the products, ie..$75 per sf was alot nicer than the $35.
I now work for a builder, and Ill tell you, Clayton's Crest home(Modular) @$75 is alot nicer than a Home built on site for $125.00 per sf. And Claytons Karsten Home(modular) (less than $60) is nicer than you would pay $100 per sf on a site built home. And both of those homes are built tighter.
I believe that Indusry has a purpose, and helps the people who either want to save money, or need a bigger home, and like the value. A lot of people had downsized from larger more expensive site built homes, and were perfectly happy. On the other hand people who had never owned a home had expected it to turn out like Garth Brooks Ranch in Oklahoma.
Most of the people that had purchased a home from us were perfectly happy, and were able to make a decision on the bigger issue, as apposed to the more quality features issue.
I would reccomend that anyone who were going to purchase, look at every aspect of the home and determine if they would like to upgrade to a nicer item. If you get to the point of not being able to afford that much, then downsize with the nicer quality product.