I understand what you are saying, but it seems like the OP was handling his business before the down fall of the situation.......CS is almost like the example below for some people...
You buy a house and rent is $500 a month and out of the blue the mortgage company raises your monthly payment to $1300,,,,,you going to mad as shyt because you can't afford that note...
then you the taxes,, if you making 40K ,the government taking almost 9k from that + living,insurance, etc
$1000 a month he needs to be making 6 figures or at least 70K