alt Hacker NewsThen you just transfer that money to the landlords, and then remove the flexibility and convenience of leaving that city anytime you want.
30% of New Yorkers spend > 50% of their income on rent.
Then you just transfer that money to the landlords, and then remove the flexibility and convenience of leaving that city anytime you want.
30% of New Yorkers spend > 50% of their income on rent.
> 30% of New Yorkers spend > 50% of their income on rent.
My point was that’s a bit less than the median suburbanite here spends on housing and cars combined. That doesn’t mean either option can’t be improved but that these comparisons should compare the whole lifestyle cost. Otherwise you’re making the same mistake Americans do saying they pay much less in taxes than Europeans without including the additional spending we make for healthcare, college, childcare, etc.