Yes. house prices are insane.
Banks and landlords: “Pay went up? Awesome, prices and rent going up”
Pay went up by 5%? Awesome, prices and rent going up by 25%
Pay went down? Rent still go up
Why UBI in a bubble with no housing reform is a fool’s errand
My first thought was that 40% was low… but I suppose I’ve never been a first time buyer, so they probably have higher salaries than I do
Brit in the USA here. We are at 42% (Los Angeles, ca). Shits wild
In Canada we’re supposed to be limited to 42% going to housing costs and that’s how they determine how much mortgage they’ll approve. I think most people are hitting that mark if not finding ways of going over.
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Shall I just kill myself, then?
No, kill everyone between you and the Throne.
The only winning move is to not play. /s
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