mortgage/rent to income ratio

[Kroze]

what is that thing mean? your rent/mortgage must not be more than 28% of your gross income..

is that to be living comfortable or what

 

[hjo3]

It's a suggested limit to help keep people from living above their means.

 

[Kroze]

if that's the case...lol.

over 50% of americans live above their means

 

[hjo3]

Originally posted by: Kroze
if that's the case...lol.

over 50% of americans live above their means

Yeah. A lot of people make bad financial decisions.