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05-14-2004, 01:11 PM

hot_pastrami

I am meaty

Join Date: Dec 2001

Location: Salt Lake City, UT

Posts: 1,119

Quote:

Originally posted by glatt
Many people today are spending as much as 50% of their income on housing. That's crazy. You would be spending 30%. That's right on target.

After taxes, there's probably only about $50k take-home from his $70k salary... so the $1800/month isn't far from 50% of the income.

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