Are you talking about mortage or rent? 30% of 100k is 30k a year and 2500 a month. So who is paying more than that now. It is a waste of time.
Yesterday I introduced the Rent Relief Act, which would ensure families earning up to $100k don’t pay more than 30% of their income on rent. With rising rents and stagnant wages, this bill will keep money in hardworking families’ pockets and a roof over their heads.https://twitter.com/PostEconomy/status/1020022241428426752 …
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30% of $25,000/year is $625/month. Tell me where in the US you can find a two or even one bedroom apartment for $625/month.
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We need govt handouts for people earning $95,000 a year who pay over $2,400/mo in rent.
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Consequence of Common Core
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I remember when we were getting our first apartment over 30 yrs ago we were counseled to only spend a weeks pay for rent. We actually found an apartment for about a weeks pay. My daughter pays over half their income for rent. OVER HALF!!
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I pay 86%
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Rob people who work to pay the poor who will vote Democrat to keep the free stuff flowing.
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It's time we address the real problem, the federal reserve. Why are Americans paying federal income tax to private bankers just to use their useless paper money. JFK wrote an EO to end the Fed, he put US gov money into circulation. He was killed 5 months after writing the EO.
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So if I make 90k/year I should rent a 60k/year place because why not? Taxpayers are going to pay for half of it, doesn’t hurt me at all and I get to live way above my means? This is either moronic or terribly worded. Probably both.
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You know, that is a good a point. I will admit to not really thinking much about the consequences. Sounds good on paper for some people, but doesn't really work in practice. I was mostly thinking about this from the perspective of s ok someone who lives in San Francisco where
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