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Tech millionaire builds 99-unit tiny house neighborhood for homeless Canadians - rent is kept at 30% of income, the large majority of residents pay a maximum of $200 — including all utilities (www.goodgoodgood.co)

submitted 3 days ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 1 day ago

30% is a good target for keeping things balanced because theoretically youd spend 30% on housing, 30% on food and necessities and 15% for savings and 15% for fun stuff. But reality is for most people the required costs are much higher so you end up with most income going to housing and transportation