3 ms·
The notion one "should" spend some fraction must come the real estate industry. The rule should be "spend as little as you can on housing to achieve the qualit
by tomkinstinch 10y ago
The notion one "should" spend some fraction must come the real estate industry.
The rule should be "spend as little as you can on housing to achieve the quality you want (or can tolerate), but never exceed 30% (or other arbitrary percentage) of net income, lest you risk being unable to save for large future expenses and emergencies."