May 2, 2023
āyour rent should be a third of your incomeā well wouldnāt that be nice. wouldnāt it. lower the rent pussy
Casual observation from someone old enough to remember: in the year 2000 financial advice was that rent should be no more than 1/4 of your income.
Until the mid 80s, the advice was that if you must rent instead of owning, then that 20% of your monthly income (oh yes, only 20%) should include all your utilities too.
After all, rent costs more than a mortgage, so it should offer more too.
The housing market is a fucking travesty.
