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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 1 year ago by Blaze@sopuli.xyz to c/goodnewseveryone@sh.itjust.works
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[-] Trainguyrom@reddthat.com 1 points 1 year 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

this post was submitted on 20 Mar 2025
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