As for rent, the median asking price in the 50 largest metros registered at $1,686, $248 (17.2%) higher than the pre-pandemic level, according to the latest rent report.
All of this poses the question: Should you blindly follow the 30% rent rule in this economy? Or is it outdated?
Not reading the article, but I suspect the question is being asked of landlords, not renters. Some do income checks and won’t accept you if the rent is more than 30% of your income.
What fucking options do we have, asshole?
Not reading the article, but I suspect the question is being asked of landlords, not renters. Some do income checks and won’t accept you if the rent is more than 30% of your income.
That would explain the tone deaf article, most here are not its audience