The rent is too damn high

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The rent is too damn high

States of desperation[Yahoo Finance] In Massachusetts, Florida and New York, Americans spend 32.9%, 32.6% and 31.2% of their income respectively on rent, according to the Moody's report. The article says people are told that rent should not be more than 30% of income. 50 years ago, we were told it should be no more than 25%. facebooktwitteremailprint