Mortgages are a math problem, so it’s not too surprising. It’s about balancing cost of homes, income, and other debt. Both cost of homes and debt have been rising while income has been flat. There’s been lots of programs created to try and mitigate the problem, but eventually the risks are going to be way to big. Giving someone with a 52.9% debt to income ratio a $1.2 million is already insane.