As housing costs soar, some financial analysts advise to scrap the 30% rule | CBC News
As housing costs soar, some financial analysts advise to scrap the 30% rule | CBC News
www.cbc.ca /news/canada/british-columbia/housing-costs-soar-financial-analysts-30-per-cent-rule-1.6894375
Thirty per cent is the often-touted maximum percentage of your income that you should spend on a home. But in an age where the average one-bedroom apartment in Vancouver rents for $2,787 a month, is that number still realistic?
1 comments
When affordability becomes impossible, just change the criteria of what's considered affordable lol.