Renting vs. Buying a home

The math of renting vs. buying a home. Challenging the notion that it is always better to buy.
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Is paying 50% of your take home income to renting an apartment to much?; Science teacher's showbiz starts at home

Question by DUMBMAN: Is paying 50% of your take home income to renting an apartment to much?
I owe nothing to anyone. No CC or School bills. All I need is the usual: Cell phone, food, personal cares (toothpaste, deodorant) , Cable/modem bills. Or is this amount forecasting trouble?

Best answer:

Answer by www.ryanbaloy.com
Yes. You should only be tapping into 30% of your income for housing.

Add your own answer in the comments!

Science teacher's showbiz starts at home
His wife, Julie, is a stay-at-home mom for their two young daughters. Showbiz — scores of performances a year — has added meaning. "It's not just fun and games, it's for income," Lenz said. "But it's enjoyable. I love teaching, I love doing this.
Read more on Green Bay Press Gazette

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