Money & Business
Rent or buy? The challenge of access to housing
...mental short-cut) is that households should spend no more than 30% of their disposable income on total housing costs (mortgage or rent, regular property taxes and home insurance) but of course individual households may have to, or choose to, spend more. When looking at Figures 7−9, it’s important to bear in mind that you are looking at data only for people who have...