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Old 05-14-2004, 01:11 PM   #15
hot_pastrami
I am meaty
 
Join Date: Dec 2001
Location: Salt Lake City, UT
Posts: 1,119
Quote:
Originally posted by glatt
Many people today are spending as much as 50% of their income on housing. That's crazy. You would be spending 30%. That's right on target.
After taxes, there's probably only about $50k take-home from his $70k salary... so the $1800/month isn't far from 50% of the income.
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