What % Of Your Income Is Spent on Housing?
#16
Re: What % Of Your Income Is Spent on Housing?
Originally Posted by Celsius
That's a bit of personal question, innit?
As for me, about 20% right now. Started out nearer 30%, and I was still just months from being locked out of the market.
#18
Re: What % Of Your Income Is Spent on Housing?
Originally Posted by Celsius
That's a bit of personal question, innit?
#19
Re: What % Of Your Income Is Spent on Housing?
Originally Posted by ladyofthelake
Is the percentage just for the mortgage/rent or does it have to include utilities and insurance aswell? Makes a big difference.
#20
Re: What % Of Your Income Is Spent on Housing?
Originally Posted by USBound
rent = ~30% in La La land.
#21
Lost in BE Cyberspace
Joined: Oct 2003
Posts: 22,105
Re: What % Of Your Income Is Spent on Housing?
30% for us - ouch. And that's buying, not renting, thankfully.
#22
Re: What % Of Your Income Is Spent on Housing?
Originally Posted by CaliforniaBride
Just wondered since the USCIS "Welcome to America" information page states that most Americans spend 25% of their income on housing. I know this would vary state to state but it still seems a bit low. I know we spend closer to 40%.
So, my question is what percentage of your income is spent on housing whether you rent or buy?
So, my question is what percentage of your income is spent on housing whether you rent or buy?
Way more than I would like!
#23
Re: What % Of Your Income Is Spent on Housing?
Oh. I thought we paid loads... but you've forced me to work it out, and we pay 23% of my net income.
#24
Just Joined
Joined: Apr 2006
Posts: 15
Re: What % Of Your Income Is Spent on Housing?
In Los Angeles it was about 45% then in the Mojave Desert area it dropped to about 25% initially, that was in 1999, it stayed around there for about 3 years until the LA boom took over, within 2 years it went from 25% to about 40%.
#25
Account Closed
Joined: Sep 2005
Posts: 8,271
Re: What % Of Your Income Is Spent on Housing?
Originally Posted by CaliforniaBride
LOL. Get a bit closer to the ocean the tides suck up your disposable income!
#26
Re: What % Of Your Income Is Spent on Housing?
Originally Posted by CaliforniaBride
Just mortgage or rent.
#27
Re: What % Of Your Income Is Spent on Housing?
Originally Posted by Angry White Pyjamas
I know people down in Palm Beach County who are paying over 60-70% of their income on housing. For rentals.
#29
Account Closed
Joined: Sep 2005
Posts: 8,271
Re: What % Of Your Income Is Spent on Housing?
Originally Posted by snowbunny
Elderly on fixed incomes?
#30
Account Closed
Joined: Sep 2005
Posts: 8,271
Re: What % Of Your Income Is Spent on Housing?
Originally Posted by Kate2112
<5% all utilities included