3 ms·
This 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
by BigJ1211 7y ago
This 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.