4 ms·
>Somehow it's fine to pay half the salary in rent, but not fine if it's financing the mortage. Where is it fine to rent for half of the salary? Last time I ren
by pandaman 4y ago
>Somehow it's fine to pay half the salary in rent, but not fine if it's financing the mortage.
Where is it fine to rent for half of the salary? Last time I rented a couple years ago, the corporate landlord wanted to see either a paystub exceeding 4x rent for the same period or a bank statement for the funds exceeding 3x total rent. This varies, of course, but the standard used to be the 40x rule (rent not exceeding 30% of income before tax).