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News@lemmy.world · 16 hours ago

Nearly half of US renters spend more than 30% of their income on housing costs

cross-posted to:
aboringdystopia@lemmy.world

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Nearly half of US renters spend more than 30% of their income on housing costs

return2ozma@lemmy.world to

News@lemmy.world · 16 hours ago

cross-posted to:
aboringdystopia@lemmy.world

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SpaceNoodle@lemmy.world
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16 hours ago
I wonder if it’s net or gross.

Besides, it’s not seven figures, just mid-six figures necessary for that.
- expr@programming.dev
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  The typical “30% on income” advice is based on gross, not net. Which is about 93,000 a year for the median mortgage payment right now.

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