balderdash@lemmy.zip to Memes@lemmy.ml · 1 year agoThe rent is too damn highlemmy.zipimagemessage-square84fedilinkarrow-up1925arrow-down125
arrow-up1900arrow-down1imageThe rent is too damn highlemmy.zipbalderdash@lemmy.zip to Memes@lemmy.ml · 1 year agomessage-square84fedilink
minus-squareCampRefugeeCounselor@reddthat.comlinkfedilinkarrow-up8·1 year 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-squareArmand1@lemmy.worldlinkfedilinkarrow-up1·1 year 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.