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From The Ashes (1000+ posts) Send PM | Profile | Ignore | Wed Jan-09-08 06:44 PM Original message |
I have a rent question... |
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Rabrrrrrr (1000+ posts) Send PM | Profile | Ignore | Wed Jan-09-08 06:46 PM Response to Original message |
1. "One month's rent should be less than 1/40 of your salary" is the standard NYC rate. |
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Xithras (1000+ posts) Send PM | Profile | Ignore | Wed Jan-09-08 06:49 PM Response to Reply #1 |
4. Did you mean 1/4th? |
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Rabrrrrrr (1000+ posts) Send PM | Profile | Ignore | Wed Jan-09-08 06:49 PM Response to Reply #4 |
6. No, 1/40 of salary. 1/4 of salary would be insane. |
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Xithras (1000+ posts) Send PM | Profile | Ignore | Wed Jan-09-08 06:51 PM Response to Reply #6 |
7. Yearly then? |
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Rabrrrrrr (1000+ posts) Send PM | Profile | Ignore | Wed Jan-09-08 06:53 PM Response to Reply #7 |
8. Yes, one's annual income. |
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huskerlaw (1000+ posts) Send PM | Profile | Ignore | Wed Jan-09-08 06:53 PM Response to Reply #4 |
9. If your rent was 1/4 of your yearly salary, |
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ChoralScholar (1000+ posts) Send PM | Profile | Ignore | Wed Jan-09-08 08:04 PM Response to Reply #9 |
12. Apparently I should be living in a much nicer place. |
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huskerlaw (1000+ posts) Send PM | Profile | Ignore | Wed Jan-09-08 10:05 PM Response to Reply #12 |
15. Hahahahaha |
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Tuesday Afternoon (1000+ posts) Send PM | Profile | Ignore | Wed Jan-09-08 06:49 PM Response to Reply #1 |
5. yearly salary ? |
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rug (1000+ posts) Send PM | Profile | Ignore | Wed Jan-09-08 06:47 PM Response to Original message |
2. When this country once had an economy the formula was one week's pay for one month's rent. |
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Xithras (1000+ posts) Send PM | Profile | Ignore | Wed Jan-09-08 06:48 PM Response to Original message |
3. self-delete |
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Gormy Cuss (1000+ posts) Send PM | Profile | Ignore | Wed Jan-09-08 07:30 PM Response to Original message |
10. The other way to calculate it is to expect to pay about 30% of your gross income on rent. |
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NMDemDist2 (1000+ posts) Send PM | Profile | Ignore | Wed Jan-09-08 07:33 PM Response to Original message |
11. my grammy taught me never pay more that 25% of your monthly income |
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Bucky (1000+ posts) Send PM | Profile | Ignore | Wed Jan-09-08 08:06 PM Response to Reply #11 |
13. Most working class single income homes pay 50% of their income. |
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Ptah (1000+ posts) Send PM | Profile | Ignore | Wed Jan-09-08 08:12 PM Response to Original message |
14. My rule of thumb is about one third of monthly wages. |
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