Is spending 40% of my take home salary on rent a bad decision?
Is spending 40% of my take home salary on rent a bad decision? Location: VHCOL (Bay Area) Monthly take home salary is about $8k (after tax, 401k,…). I’m considering to rent a 1b1b apartment (710sqft) for $3,100/month in a very good location and safe neighborhood, walkable to grocery and restaurant, cafe,… Apt is modern, hard wood flooring style and spacious. I also found a smaller 1b1b apartment (570sqft) ...