Just wondering how we stack up compared to other forums

As of jan 1, 2022, the answers here are:

13 ppl pay =< 33% of monthly income on rent / property tax

6 ppl pay > 33% of monthly income on rent / property tax

  • GadgeteerZA
    3·
    3 years ago

    Own my own house (when it’s paid off in 2 years) but 11.4% of my income goes to paying it off. Obviously when I bought it that percentage was a lot higher, but as the years pass, the payment basically stays fixed while your income has been going up.

    • southerntofu
      3·
      3 years ago

      Nitpicking, but this is not obvious across all industries. In many fields, people’s wages barely go up with time.

      • GadgeteerZA
        2·
        3 years ago

        If a job’s income does not go up over 20 years, that is hardly very sustainable…

        • southerntofu
          2·
          3 years ago

          It usually goes up, though not necessarily faster than inflation. Outside of IT and public service, many older people are still paid minimum wage. (i don’t have stats on that sorry)

          • GadgeteerZA
            1·
            3 years ago

            True I was in public service (IT side) and although is not the best, the benefits add up, as does the annual increases over the years (problem is many can’t stick it out that long, especially in public service)…

            • southerntofu
              1·
              3 years ago

              Public service IT (except for secret services / military) sounds good indeed :)

          • GadgeteerZA
            1·
            3 years ago

            I’ve retired from work so not in any field of work any more… but when working was in the police and then in IT