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Topic | Is it worth it to move into this apartment? |
Zeus 09/17/21 5:53:11 AM #41: | CoolSkittles posted... The apartment is $700 and 30% of my income is $550 (the general rule of thumb is that an apartment is considered affordable if the rent isnt more than 30% of your income). While 25-30% is ideal, I'm not sure how widely practiced that is these days with rising home prices, particularly given the moratoriums. Plus $700 is relatively cheap for a lot of areas, and sounds suspiciously cheap for California. lihlih posted... Then there's the fact that the average home owner spends 30k on repairs in the first few years of owning a home. Citation? --- (\/)(\/)|-| There are precious few at ease / With moral ambiguities / So we act as though they don't exist. ... Copied to Clipboard! |
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