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2Wheels · 31-35, F
Dang. you must live in Canada lol. Being able to afford a house here is next to impossible now unless you're married and you both make an awesome income or you have an insanely good job as single.
And, like you said. What you get for $1M now is what used to be $300k -$400k less than 6 years ago.
It's sickening.
And, like you said. What you get for $1M now is what used to be $300k -$400k less than 6 years ago.
It's sickening.
reflectingmonkey · 51-55, M
about 40-50%, the thing is that I used to have a roommate so back then my rent was about 20-25% of my income but he left and I really like the place and the area and kind of enjoy living alone but it doesn't make any sense, its a 3 bedroom appartment 😂🤣
Thevy29 · 41-45, M
Well, at the rate the economy is going I think I need to put a mortgage down on one of those retirement condos. That way I may have paid it off by the time I need it.
4meAndyou · F
One third goes to rent. That formula used to be twenty five percent for housing, but it is gradually going up and up.
NoGamesTolerated · F
Maybe 1/4
ImperialAerosolKidFromEP · 46-50, M
I don't know about percentages, but when I had a mortgage, I'd be paying it off rabidly! I had no savings for the longest time, which could have been very bad, because they also say you should save 3 month's living expenses
mksworld · 46-50, C
@ImperialAerosolKidFromEP Lucky you could get the mortgage then. We can't get one, but luckily we have a good landlord who is ok with us. Apart from the 'market' rent increases - argh!