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(US) Why do guides online recommend the amount you can pay in rent based on pre-tax income?
(US) Why do guides online recommend the amount you can pay in rent based on pre-tax income? For instance, NerdWallet says you should spend around 30% of gross income on rent. Why is that? Why account for money you will never see or get? Shouldn't your max rent be based on what you take home every paycheck?
submitted by /u/Threemor
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