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> if you don't follow your urgent need for a house or car Unfortunately these are not the sole concerns in the US. Costs for rentals are spiraling out of contr
by bart_spoon 7y ago
> if you don't follow your urgent need for a house or car
Unfortunately these are not the sole concerns in the US. Costs for rentals are spiraling out of control in many places, so whether you are renting or buying is often a moot point. And healthcare is a huge problem as well.
- BigJ1211 7y agoThis is happening to a lot of European countries as well. The cost of rental homes/flats is getting higher and higher. Even social rent is at the point that it is often just below 50% of their net income (assuming 1 person with a fulltime job) not sure how that compares to the US. But it is a worrying thing overall that is happening in the western society. I think it's generally recommended to be at 1/3 of your net income, which simply isn't doable in most areas here in the Netherlands.