3 ms·
>Why is this 30% of gross income? I thought the target was 33% of net. 33% of net is a fantasy in California. That will just barely get you a run down studio i
by aphextron 9y ago
>Why is this 30% of gross income? I thought the target was 33% of net.
33% of net is a fantasy in California. That will just barely get you a run down studio in a bad part of town on an engineer's salary.
- mikeokner 9y agoThat doesn't make the target wrong, it just makes CA's market absurd.
- davidjnelson 9y ago33% of net is attainable on a new townhouse in nice neighborhoods in San Jose if you make a market rate salary.