The gap arithmetic when switching to a bigger home

Video description from @notgpodcast

Your flat gains $200,000 and the bigger home you want gains $300,000 in the same year: the gap between them widens by $100,000 even though both rose. That is arithmetic, not a forecast of either price. Any switch still has to pass today's loan tests, with total debt repayments capped at 55% of gross monthly income and a lower loan limit if you still hold a loan on the first home.
Read more: https://research.propertylimbrothers.com/frameworks/switch-timing/