Using the following data:

• Cash & Cash Equivalents: $24,000
• Current Liabilities: $25,000
• Long-term Debt: $275,000
• Total Liabilities: $350,000
• Investment Assets: $425,000
• Total Assets: $1,200,000
• Monthly non-discretionary expenses: $12,000
• Gross Pay: $180,000
• Monthly retirement savings: $1,500
• Employer match: 3% of gross pay
• Monthly mortgage payment: $2,400
• Annual Property Insurance: $5,000
• Annual Homeowner's Insurance: $7,500
• Monthly student loan payment: $400
• Monthly auto payment: $350

What is this person's housing ratio 2?