It is also relative to how much you earn as well. When you are on a tight budget 45% of your wage is a lot. In fact 20% of a low wage is a huge chunck out of your pay.
We paid 45% of our income in rent last year however it wasn't too bad. We still had enough left over to live a comfortable life. When we were younger and on lower wages I remember only paying 15% in rent and we struggled a lot even on that.
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15-04-2014 08:37 #21
15-04-2014 08:45 #22
15-04-2014 08:48 #23-
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15-04-2014 08:50 #24Senior Member
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Around 25%. When we bought our house 5 yrs ago it was more like 45%! Pay increases have helped!
15-04-2014 08:52 #25
15-04-2014 08:54 #26
15-04-2014 08:56 #27
About 40%. Sydney prices are ridiculous.
15-04-2014 08:59 #28
15-04-2014 09:01 #29
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15-04-2014 09:07 #30
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