balderdash to Memes@lemmy.ml • 10 months agoThe rent is too damn highlemmy.zipimagemessage-square31fedilinkarrow-up1890
arrow-up1890imageThe rent is too damn highlemmy.zipbalderdash to Memes@lemmy.ml • 10 months agomessage-square31fedilink
minus-square@CampRefugeeCounselor@reddthat.comlinkfedilink8•10 months agoUntil a decade ago, the rule of thumb was never spend more than 20% of your salary on rent. Then it changed to 25%. Now everyone’s saying 33% like there’s some sort of thought behind that number other than “We want more of your money”…
minus-square@Armand1@lemmy.worldlinkfedilink1•10 months ago33%? For the last 5 years I’ve been paying closer to 45-50%. That’s not counting power bills, which cost several times more than in the US.
Until a decade ago, the rule of thumb was never spend more than 20% of your salary on rent. Then it changed to 25%. Now everyone’s saying 33% like there’s some sort of thought behind that number other than “We want more of your money”…
33%? For the last 5 years I’ve been paying closer to 45-50%.
That’s not counting power bills, which cost several times more than in the US.