A friend says they found a perfect apartment and that the rent is only 50% of their total income. How should you respond?
A-That's way too high of a percentage. Look for housing that's no more than around 30% of your total income.
B-Choose any apartment you want to rent, the cost of rent as a percent of income doesn't matter at all.
C-That's perfect - the target is right around 50% of your income.