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I am excited for you. You don't believe how much joy you will have calling something your own. It changes your life.
I've owned and was fine. I rent now and I'm fine. The views I have renting this apartment would cost me over $1 million to own Golden/Evergreen, CO. So I'm perfectly renting and getting all the benefits
Lol, there is not even housing physically available that cheap for many Americans.
If someone makes even $15/hr, that is only $31,200/yr. Housing at 10% would be $260/mth; There are not even rooms available that cheap in most of the US.
The percent thing is a stupid rule of thumb anyway. There are many factors involved to make some rule of thumb about how much someone should spend on housing.
There should be, but homeowners have vested financial and lifestyle interests in preventing that from happening.
There should be, but homeowners have vested financial and lifestyle interests in preventing that from happening.
Yes, and non-homeowners share moral culpability when they fail to attend local city meetings or fail to vote in local elections (if eligible). Those provide the non-homeowners the opportunity to have a voice. Use democracy - or lose it!
I give you an A for your specific, to the point answer.
I don't.
1) no one should be publishing private details like that
2) the "detail" is vague as it doesn't say gross or net (as so many other comments also don't)
and if net it doesn't mention what if any other contributions are being deducted (IRA, 401K, HSA, etc)
1) no one should be publishing private details like that
2) the "detail" is vague as it doesn't say gross or net (as so many other comments also don't)
and if net it doesn't mention what if any other contributions are being deducted (IRA, 401K, HSA, etc)
the personal finance forum is full with debby downers and nitpickers, jeeeesh.
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