Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SeekAndFind

Well, even at $2000 a month, you are paying 33% of your income on housing. Top that off with NYC high tax rates and higher prices on consumer goods, and I think you will still be struggling to get by. I rent apartments, and we wouldn’t qualify someone to rent if the rent is 33% of their income, because it’s too much, and they usually end up defaulting.


27 posted on 12/23/2011 12:19:25 PM PST by Boogieman
[ Post Reply | Private Reply | To 19 | View Replies ]


To: Boogieman

RE: Well, even at $2000 a month, you are paying 33% of your income on housing.

Notice I said less than or equal to $2,000. If you shop around town and don’t mind an extra 15 minutes of subway ride to work in Manhattan, you could get a decent apartment for less than 30% of your annual income.


28 posted on 12/23/2011 1:20:47 PM PST by SeekAndFind
[ Post Reply | Private Reply | To 27 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson