It looks like it's defined based on pre-tax gross income. (Here's one reference that mentions it[1] and I saw a few others as well) So it would be an even high

It looks like it's defined based on pre-tax gross income. (Here's one reference that mentions it[1] and I saw a few others as well) So it would be an even higher percentage of after-tax income. [1] https://www.nytimes.com/2016/10/23/realestate/how-much-of-my-income-should-be-budgeted-for-rent.html https://www.nytimes.com/2016/10/23/realestate/how-much-of-my...