Board 8 > What percentage of your (pre tax) income do you pay in rent/as mortgage?

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banananor
06/17/17 11:37:17 AM
#1:


Rent or mortgage as a percentage of PRE-TAX income









Emphasis on pre-tax, because people always mess that up in polls. If a partner pays half the rent, consider your rent half of what is listed for the two of you.

I'm moving soon, and finding something within my budget that isn't also sinking into the earth is a challenge.

Bonus question, how many y/o is the building you live in?
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azuarc
06/17/17 11:42:29 AM
#2:


What if it's between 30 and 40? Because, y'know, that's the standard. They say you should pay 1/3.
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KingBartz
06/17/17 11:46:21 AM
#3:


My house is nearly 100 years old and I pay about 8.5% of my gross income for it.

However, I will be moving to a new city this summer and will probably be paying 20-25% of my gross income in rent
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BKSheikah correctly guessed which years are more popular than others on this video game website. Congratulations!
https://www.youtube.com/watch?v=F6vAyJ5r_20
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Samurai7
06/17/17 12:11:47 PM
#4:


My monthly payments include an escrow for taxes and insurance. Should i include that or just the mortgage?
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ninkendo
06/17/17 12:13:22 PM
#5:


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VintageGin
06/17/17 12:14:58 PM
#6:


6-7% because my living situation is pretty cheap
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EndOfDiscOne
06/17/17 12:18:42 PM
#7:


My house is about 80 years old, and 16%. If you add in my wife's income, it's 10%. We are living well within our means and could get a much more expensive house if we wanted.
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Ulti was right
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EndOfDiscOne
06/17/17 12:19:40 PM
#8:


azuarc posted...
What if it's between 30 and 40?


Is TC an INCEPTION alt?
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Ulti was right
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TheRock1525
06/17/17 12:30:11 PM
#9:


Where's the "I never had a mortgage" option for homeownership?
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KingBartz
06/17/17 12:34:06 PM
#10:


the topic says rent OR mortgage
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BKSheikah correctly guessed which years are more popular than others on this video game website. Congratulations!
https://www.youtube.com/watch?v=F6vAyJ5r_20
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foolm0r0n
06/17/17 1:20:14 PM
#11:


About 7
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