Re: Does anyone here spend half their income on rent?
I'm at 36% of take home pay right now. After car payment and utilities, I'm around 50%. I have no idea how I'm ever going to be able to buy a place around here when I'm already at half my income from shelter and transportation as a renter. It's this math that keeps making me think I need to figure something else out for income if I want to own anything in the next 5 years. It's not like I'm not making much money, it's just that it's so expensive in SoCal.
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