QA3: 65% of Income on Rent?!
This week, Paychecks a Balances is happy to introduce "Ask a Professional." We've realized that we don't know everything, but we do know people who know a lot of answers to those things questions we can't answer. With the help of Desiree Mullins, a licensed real estate agent in New York City, we will navigate some frequent questions for first time home owners and renters re-entering the current real estate and housing market. Inspired by a StreetEasy article estimating some New Yorkers spend upwards of 60% of their income on rent, Desi helps us understand how this came to be; the best time to rent for buyers; why "the rent is too damn high"; and much much more. Sit back, listen, learn and enjoy! Announcements: Looking for more career development and debt freedom tips? Join our email list at PaychecksandBalances.com/email for exclusive content including show updates, digital giveaways, and more. We don’t spam. We just keeps it real. Yes, keeps. LIKE us on Facebook.com/PaychecksandBalances or follow us on Twitter @PayBalances! Have an anonymous question? Drop a question at ask.fm/PayBalances. Our only request: Please be respectful.
