i heard the rule is rent shouldnt be more than 30% of your income. i know people that are spending 2k/month in the west on a similar salary, and another was getting 2 jobs after making a disasterious decsion by renting downtown before she moved out to a cheaper area out of the city.
i only knew 2 people in my CC days that had <800/month n my HCOL area, they probably got it from things like craigslist, FB or friends and family. and not at those renting sites which probably dint exist yet, and before airbnb upsetted the housing crisis.
i assume like mines its a HCOL area. most people i worked with who arnt in tech, or not a MD or a high paying professional arnt living in a home they own.
even then on inherited, you still have to pay the taxes on the houses/property taxes, and utilities, most cant afford too.
plus nimbyism, and people trying to cash on "luxury style apartments. and this pretty much has unintended side effect of “people still living at home with parents, and having thier siblings that blossomed early resent other family members because one of them cant move out for whatever reasons” stories/experiences being posted on many platforms.
i heard the rule is rent shouldnt be more than 30% of your income. i know people that are spending 2k/month in the west on a similar salary, and another was getting 2 jobs after making a disasterious decsion by renting downtown before she moved out to a cheaper area out of the city.
i only knew 2 people in my CC days that had <800/month n my HCOL area, they probably got it from things like craigslist, FB or friends and family. and not at those renting sites which probably dint exist yet, and before airbnb upsetted the housing crisis.
i assume like mines its a HCOL area. most people i worked with who arnt in tech, or not a MD or a high paying professional arnt living in a home they own.
even then on inherited, you still have to pay the taxes on the houses/property taxes, and utilities, most cant afford too.
That’s becoming impossible with rent increasing by $100/mo every year and wages don’t keep up.
plus nimbyism, and people trying to cash on "luxury style apartments. and this pretty much has unintended side effect of “people still living at home with parents, and having thier siblings that blossomed early resent other family members because one of them cant move out for whatever reasons” stories/experiences being posted on many platforms.