balderdash@lemmy.zip to Memes@lemmy.ml · 10 months agoThe rent is too damn highlemmy.zipimagemessage-square86fedilinkarrow-up1928
arrow-up1928imageThe rent is too damn highlemmy.zipbalderdash@lemmy.zip to Memes@lemmy.ml · 10 months agomessage-square86fedilink
minus-squareCampRefugeeCounselorlinkfedilinkarrow-up8·9 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-squareArmand1@lemmy.worldlinkfedilinkarrow-up1·9 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.