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re: Income to house cost ratio: Assuming pretax income, what is the marginal ratio?
Posted on 6/3/15 at 7:15 pm to kjacksonp
Posted on 6/3/15 at 7:15 pm to kjacksonp
I'm in the low teens and I think that I bit off way more than I should have. I would get stomach ulcers if I was at 25%. I can't even fathom 43%.
2
Posted on 6/3/15 at 7:21 pm to TheHiddenFlask
I'm with you. I'm at 15% and it feels like a huge chunk of my take-home.
Anything over 20% would stress me out.
Anything over 20% would stress me out.
Posted on 6/3/15 at 8:57 pm to TheHiddenFlask
quote:
I'm in the low teens and I think that I bit off way more than I should have. I would get stomach ulcers if I was at 25%. I can't even fathom 43%.
Same.
I'm at 6% of my gross income. Cheap housing and a high salary (relative) in Birmingham is great.
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