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  1. #1
    Banned Sicklecelll's Avatar
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    Anyone Else Spend 50% Of Their Salary On Rent?

    Such is life living in one of the most expensive cities in the world. Miraculously enough I'm still able to save money
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  2. #2
    Registered User Yoopwat's Avatar
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    Lol rent
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  3. #3
    Registered User Anachron's Avatar
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    Lol @ rentcels srs
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  4. #4
    Banned Sicklecelll's Avatar
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    Originally Posted by Anachron View Post
    Lol @ rentcels srs
    Originally Posted by Yoopwat View Post
    Lol rent
    lol @ mortgagecels

    Brb tied down to 1 location
    Brb fall back on payments and lose your home
    Brb brb
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  5. #5
    Registered User Yoopwat's Avatar
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    Originally Posted by Sicklecelll View Post
    lol @ mortgagecels

    Brb tied down to 1 location
    Brb fall back on payments and lose your home
    Brb brb
    My mortgage is £350 a month bro, I’m sure I can muster that up
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  6. #6
    Registered User hydraides's Avatar
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    Originally Posted by Sicklecelll View Post
    Such is life living in one of the most expensive cities in the world. Miraculously enough I'm still able to save money
    Let me guess Los Angeles, actually where do you live?

    Yep In UK rent prices are sky high, paying about 40% of monthly wage atm
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  7. #7
    Registered User MuzzieChik786's Avatar
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    lol @ rent

    No, our mortgage (PITI+HOA) is 1/4th of our combined salary.
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  8. #8
    Registered User jakobi's Avatar
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    lol at rentcels...

    I have renters (coach home and basement suite) that pay my mortgage
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  9. #9
    i swear im an alpha RealLifeAlpha's Avatar
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  10. #10
    unregistered user Fozzy13's Avatar
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    strong house poor.

    Currently spending about 1/3 of net salary on on rent.

    Unless you have a very large income, then you're lacking in some other area.

    15% should go to retirement.
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  11. #11
    WOATbrah of peace :) sooby's Avatar
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    lol @ poor ppl
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  12. #12
    Great Account YoungMetro24's Avatar
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    I live in Midtown Manhattan and don't even spend 30% of my take home on rent. OP, you're doing it wrong.
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  13. #13
    Registered User rgnx's Avatar
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    Been making $15k+/month and still live at home

    I am too busy to move out right now though..
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  14. #14
    Progression Visel's Avatar
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    If your mortgage or rent exceeds 25% of your monthly take home pay, it's too expensive. Simple as that. The higher that percentage is, the less you can save/invest/pay-debts with. And the longer it'll take to retire.
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  15. #15
    Registered User bsmit107's Avatar
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    Nah dawg.

    Was in the home buying process when I last got promoted. Our mortgage (base+ins+escrow) is currently 13% of our combined net income each month. We're actually looking at buying another home in the area as an income property.
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  16. #16
    Registered User 78novacaine's Avatar
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    JFL, our mortgage/taxes/insurance on an 1850' 3/2 brick home is barely over one week's take home pay, and that's not counting my wife's income. Citycels, when will they learn?
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  17. #17
    Registered User solidus2k3's Avatar
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    Originally Posted by 78novacaine View Post
    JFL, our mortgage/taxes/insurance on an 1850' 3/2 brick home is barely over one week's take home pay, and that's not counting my wife's income. Citycels, when will they learn?
    same but my home is in the city 10 min from downtown
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  18. #18
    Registered User DrumsNotDead's Avatar
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    I cannot imagine spending that amount of money on rent that's absurd.
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  19. #19
    Foe Tha Love of $ Hector002's Avatar
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    Get some roommates or get a different place.
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  20. #20
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    And this is why people are bad at money.
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  21. #21
    Registered boomer r32gojirra's Avatar
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    Originally Posted by Sicklecelll View Post
    lol @ mortgagecels

    Brb tied down to 1 location
    Brb fall back on payments and lose your home
    Brb brb

    Brb grown man living in some other dudes house
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  22. #22
    Registered User Wh1teDyn0mite's Avatar
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    I know people wh pay 60%-70% of earning on rent. London your either fuked on rent prices or train fares.
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  23. #23
    Segabrah devin45k's Avatar
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    I spend 50% of my salary on tranny piss.
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    Registered User ScramFranklin's Avatar
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    I live downtown and am spending about 29% on rent, electricity, and wifi. Hopefully can get a roommate and cut it in half.
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    Pretentious Miscer W1LLW's Avatar
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    1/15th due to abnormal living situation with temporary roommate. When I go back to my own spot and upgrade significantly next spring it'll still only be something like 1/7th.

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  26. #26
    Registered User Lucas5814's Avatar
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    My monthly house payment is 20% of my monthly income.
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  27. #27
    6'2&quot; 227 soaponarope1's Avatar
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    Originally Posted by Sicklecelll View Post
    lol @ mortgagecels

    Brb tied down to 1 location
    Brb fall back on payments and lose your home
    Brb brb
    Just lmao

    If you need to move you can always let a rentcel pay for the privilege of living in your appreciating asset.
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    Registered User xbluexhawkx's Avatar
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    Originally Posted by ScramFranklin View Post
    I live downtown and am spending about 29% on rent, electricity, and wifi. Hopefully can get a roommate and cut it in half.
    would rather rope myself then have a roommate

    **** that
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    Pretentious Miscer W1LLW's Avatar
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    Originally Posted by xbluexhawkx View Post
    would rather rope myself then have a roommate

    **** that

    Can confirm. I'm living with my best friend i've known for a decade and it still can be pretty tough. We just both thought it was wisest since we were both getting ready to buy properties in May/June but then March happened and we were like "aw fuk bye... gonna wait this out"
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    55% of my salary on rent.

    Such is life for a Londoncel.

    Luckily my outgoings are minimal. Gonna make the big move out of this dump soon.
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