4 ms·
Only part of this is true. Rent is a percentage of a budget. If you're playing with bigger numbers, the absolute dollar amount is still much higher after the re
by buf 7y ago
Only part of this is true. Rent is a percentage of a budget. If you're playing with bigger numbers, the absolute dollar amount is still much higher after the rent percentage is taken out.
When I bring home 20k a month and only 7.5k goes to rent, I still have 12.5k remaining, which is more than most of the country's entire take home pay.
When I travel the world, everywhere else feels so inexpensive.
- ghaff 7y agoOf course, exchange rates--which depend on a lot of factors--have a lot to do with that. But, yeah, with some exceptions like the Nordics, Europe seems pretty inexpensive these days for a traveler from the US. Hotels are much cheaper than expensive cities like SF of course. (Which has gotten pretty much out of control over the past year; one can trivially spend $1,000/night during a big conference.) But even London and Paris are often pretty reasonable compared to random mid-tier business hotels around the US.
- duelingjello 7y agoRents in SF are crazy and unsustainable for long-term living. It's like people who pickup bottles for recycling or are Uber drivers to live in SF without a $300k/USD job. Nearly everyone there is living beyond their means (housing >30% of net income) because "it's SF." Also, the oost-of-living is much higher too.