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Topic"Have to make 3x the rent" rule simply does not make sense
REMercsChamp
09/29/18 1:45:15 PM
#8:


Siva posted...
REMercsChamp posted...
So the logic is that you need to have that extra $5000 a month so you can save most of it and continue paying rent after you lose your job?


The lessor wants to know "you're good for it" regardless of your circumstances.

The majority of people won't be good for it though if they lose their job. A lot of people are living paycheck to paycheck.
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