3 ms·
yep. This is a common argument against using % of income for housing burden as a measure. If you make $200K, paying 40% of your salary for housing is much less
by cowsandmilk 11y ago
yep. This is a common argument against using % of income for housing burden as a measure.
If you make $200K, paying 40% of your salary for housing is much less of a burden than if you make $20k. (e.g. you are left with a much larger amount of money to pay for necessities like food, and probably still have quite a large disposable income)