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Current Events > When people say they should only pay 30% of their income on Rent

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CruelBuffalo
12/15/17 12:15:26 PM
#1:


Is that pre-tax or post-tax
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GODTIER
12/15/17 12:16:11 PM
#2:


That's post apocalypse
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DevsBro
12/15/17 12:17:35 PM
#3:


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charey
12/15/17 12:18:58 PM
#4:


Thats people who never had to worry about money.
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Balrog0
12/15/17 12:20:01 PM
#5:


gross
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Vengeance29
12/15/17 12:20:18 PM
#6:


Don't have kids and rent with da boyz
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DevsBro
12/15/17 12:22:46 PM
#7:


charey posted...
Thats people who never had to worry about money.

Not entirely. In some places, it's law.

In Alabama, for example, you are legally required to make sure your prospective tenant makes at least triple the rent. Mrs. DevsBro and I had a pretty hard time with this when we looked for her first apartment back when we weren't married yet.

They allowed her to count tips, which I don't think you're supposed to do.
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EnragedSlith
12/15/17 12:23:43 PM
#8:


Haha. Thats cute
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CruelBuffalo
12/15/17 12:23:55 PM
#9:


Vengeance29 posted...
Don't have kids and rent with da boyz


Moving to a new city....so dont have the boyz around
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treewojima
12/15/17 12:52:25 PM
#10:


DevsBro posted...
charey posted...
That?s people who never had to worry about money.

Not entirely. In some places, it's law.

In Alabama, for example, you are legally required to make sure your prospective tenant makes at least triple the rent. Mrs. DevsBro and I had a pretty hard time with this when we looked for her first apartment back when we weren't married yet.

They allowed her to count tips, which I don't think you're supposed to do.


What the fuck? No wonder Alabama is so backwards with anti-tenant laws like that.
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DevsBro
12/15/17 2:09:21 PM
#11:


I don't think it's meant to be anti-tenant. It's probably meant to make sure that people leave themselves enough money to live on instead of renting out some place that's 95% of their income. It's probably a holdover from a time when the state's cities were in a stronger position economically, where even the cheap parts of town were fairly decent places to not get killed.

We could have found her a place within 1/3 of her tip-excluded income easily. In fact, we did. The rent was literally $100/mo. It's just that she would have gotten shot there. Within a week. We didn't even go look at the place.

Not that I think that's the kind of thing that needs to be enforced, but at least there's some sort of logic to it beyond just hating tenants.
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Super Saiyan 3 Goku
12/15/17 2:15:08 PM
#12:


Yeah I used to live out in Massachusetts and places there wanted you to make 3x the amount of your base rent before taxes. They simply want to make sure you can reasonably afford the place you're trying to live in.

Right now in Maryland, I'm sitting at 21% before taxes.
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