Rent affordability: 11 million Americans spend half their income on rent – Jun. 22, 2016 » Mortgage Masters Group

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The rent for many Americans is still too damn high, according to a new analysis of 53 metropolitan areas. Nationally, 46 percent of households, or more than 12 million. earn half the median income.

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this post was submitted on 22 Jun 2016. 32,363 points (88% upvoted. 11 million Americans spend half their income on rent. live in San Diego and I would be surprised if under 50% of the population here was paying less than 50% of their total income to either rent or a mortgage..

Definitions Of A Middle Class Income: Do You Consider Yourself Middle Class? Posted by Financial. July 22, 2016 at 11:42 am. The same NO ONE who will visit those who had kids.. as "in the middle" because they don’t manage their money wisely and they don’t realize the full potential.

Millennials, the story goes, are renting longer, living with their parents, and are. of millennials haven't reached that homebuying age of 31, and 22% are under 25. down for the 11th consecutive year in 2015 – from a peak of 69% in 2004 to. “renting is a more affordable option” and “cannot obtain a mortgage,” 57% of.

about the cost of living in Vienna, i earn over two thousand Euro a month and i am renting a government owned apartment. as long as you dont live so luxuriously like a millionaire, with that salary, i can still save something.

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 · The following graph from a population study in Utah puts this in perspective. The tallest bar on the left represents the lowest income group. and the highest rate of obesity. Logically, this makes no sense and it is contrary to our historical experience. How is it that the people with the least money to spend are the most likely to be overweight?

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