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Old 12-06-2023, 11:10 AM   #2687
roKWiz
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Default Re: Australia housing bubble

Quote:
Originally Posted by GasoLane View Post
From the article..........


"Her friend from Sydney, who describes himself as being on a "good income", has also had to move into a bigger share house following his rent going "through the roof".

He's spending about a third of his income on rent."


I would have thought that a 1/3rd was reasonable....so what does he do with the other 2/3rds
A fair bit of it would be for food, transport, training and clothing not to mention utilities on the rental.
I couldn't imagine what office workers would have to spend on just clothing alone being an outside mudder.
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