
Ever hear of the 30% rule? If you live by the 30% rule, you spend no more than 30% of your income on rent. However, a 2024 Redfin study found that more than 20% of Americans are spending 100% of their paychecks on rent or working second jobs to be able to afford a place to live. With stats like that, how on earth (or where in the U.S.) are we able to implement the 30% rule?
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