SmartAsset: How Much Money Do You Need to Make to Pay Rent in Large American Cities?
Pro Builder
OCTOBER 25, 2022
Rising inflation and high interest rates are making housing affordability a challenge for many Americans. Housing costs in larger cities like New York and Los Angeles are getting hit even harder, making the cost of living less than comfortable. Instead, it recommends a rent-to-income ratio of less than 30%. .
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