[identity profile] guxx.livejournal.com posting in [community profile] davis_square
The popular theory is apartment rent should not be higher than 1/3 of net income.

To those of you who rent, does this hold true?

Date: 2006-04-12 03:50 pm (UTC)
From: [identity profile] plumtreeblossom.livejournal.com
My rent-proper is 1/4 of my net (I have a freakishly good deal), but tack on the ridiculous utility/phone bills and it tops 3/4 of my income. I really just barely get by. But I still don't want to move.

Date: 2006-04-12 03:55 pm (UTC)
From: [identity profile] androidqueen.livejournal.com
holy crap! that is an amazing utilities/rent ratio!

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