LogFAQs > #973013633

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Topic	what percent of your gross income goes towards rent
Count_Drachma 04/22/23 8:50:48 PM #27:	It's weird to highlight gross rather than net, particularly given how much taxes can throw that number off. In a functional housing market, the after-tax answer for most people would be 25%. However, the US's housing market is extremely fucked up, especially given the countless restrictions that make it harder to build. Government policy both drives most of the problem and blocks many of the solutions --- Everybody's got a price / Everybody's got to pay / Because the Million Drachma Man / Always gets his way. AhahahahMMH <cite>Count_Drachma posted [p:973013633] in what perce... [t:80420504]...</cite> <quote>It's weird to highlight gross rather than net, particularly given how much taxes can throw that number off. In a functional housing market, the after-tax answer for most people would be 25%. However, the US's housing market is extremely fucked up, especially given the countless restrictions that make it harder to build. Government policy both drives most of the problem and blocks many of the solutions --- Everybody's got a price / Everybody's got to pay / Because the Million Drachma Man / Always gets his way. AhahahahMMH</quote> ... Copied to Clipboard!
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