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[–] 43 points 1 year ago* (4 children)

Even just renting an apartment is full of bullshit.

"The apartment is $1300 a month."

"Perfect, I make $2000 a month."

"No. You're gonna need to make $3900 a month before we will rent to you."

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  • I live in the Toronto area and rent here is up to like $2600 for a 2 bedroom. Why haven’t we burned shit down? Why do we take this??

    Im no leader but I’ll gladly build some gallows and die for my kid’s generation. Im also a vegetarian, but I’m willing to roast and take a bite of the billionaire just to show my conviction. I think we should actually literally do it with one to prove a point

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  • [–] 3 points 1 year ago

    There's a rule of thumb that your rent / mortgage payments should only be 1/3 of your pre-tax pay. In expensive cities that's sometimes impossible to manage. But $1300 out of $2000 means you're spending 2/3 of your pre-tax pay on housing. If you're taxed at only 20% that means your take-home pay is going to be $1600. After rent you'd only have $300 a month for food, utilities, clothing, transportation, etc.

    If I were a landlord and someone on $2000/month wanted a $1300/month apartment, I'd be asking questions too.

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