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> it would fit in the 3x annual income rule for housing affordability

Could you please expand on this rule? Where did it come from? Feels like impossibility in some countries.

It’s a oft-repeated guideline in the US that you should spend no more than 1/3 of your income on housing (rent, mortgage + property taxes + ....).

It’s not a law and it certainly doesn’t apply to all people or locations. Some lenders might use it as a heuristic though.

Good point. For instance, the Googler in question probably doesn't own a car.

Yes, and those countries have really bad housing affordability!

3x is a benchmark of what is affordable, not a law or a specific financial lending regulation.