In big cities and successful metropolitan regions I'd agree. It's a consequence of how quickly housing costs have outgrown all other costs in cities that the "o

In big cities and successful metropolitan regions I'd agree. It's a consequence of how quickly housing costs have outgrown all other costs in cities that the "one-third rule" doesn't really apply anymore. On the other hand if you live in a small town, it's quite possible to make 3x your rent and still be struggling.