900
The rent is too damn high
(lemmy.zip)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 13 Sep 2023
900 points (97.4% liked)
Memes
45555 readers
703 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
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.