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| What percentage of your monthly income do you spend on accommodation? |
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Neil Walker
Member #210
April 2000
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Quote: Uh, including property tax and other bills? Depends, where do you stop, is it just tax on your house, or is it indirect bills like water, gas, electric, insurance, etc. If it's just tax on your house for living there to pay for local services like waste collection, schools, etc. (we call it council tax) then I pay £1400 a year. Most of which gets wasted by corrupt politicians running a Labour monopoly Neil. wii:0356-1384-6687-2022, kart:3308-4806-6002. XBOX:chucklepie |
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le_y_mistar
Member #8,251
January 2007
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Quote:
View Profile Well, i do get laundry, nice packed meals.....and it's within my means. At the end of the day, I still save by living at home, and hopefully i'll be able to buy my own home soon ----------------- |
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nonnus29
Member #2,606
August 2002
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I hated owning. The feeling of having a huge mortgage hanging over my head was depressing. By renting, spend half as much per month and don't have $100k debt tied around my neck... |
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Thomas Fjellstrom
Member #476
June 2000
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Quote: I hated owning. The feeling of having a huge mortgage hanging over my head was depressing. By renting, spend half as much per month and don't have $100k debt tied around my neck... Once you do actually own it (and not the bank) you have that $100k+ as pure equity. All thats left is taxes and upkeep. -- |
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Neil Black
Member #7,867
October 2006
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My living expenses are about $-100 a month. Yay having people renting my house while I'm at college! All that money goes back into the house, though. I just recently got a new driveway put in.
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23yrold3yrold
Member #1,134
March 2001
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Some of you suck at giving percentages. 30%, thereabouts. Just renting an apartment, almost all utilities covered. -- |
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Neil Black
Member #7,867
October 2006
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Well, I have no monthly income to give a percentage of.
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Jeff Bernard
Member #6,698
December 2005
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100%. Or I guess maybe infinity percent, since my income is $0 yet I'm still paying for stuff. -- |
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SonShadowCat
Member #1,548
September 2001
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Since I didn't give a percentage before, 78% of my income goes to home bills. |
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Frank Griffin
Member #7474
July 2006
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For the primary condo residence the total is about 2.5% of our household income. If I include the second residence the total becomes 5-6%. "gut feeling the people in England are poor" -Samuli |
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piccolo
Member #3,163
January 2003
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Quote: I hated owning. The feeling of having a huge mortgage hanging over my head was depressing. By renting, spend half as much per month and don't have $100k debt tied around my neck... A good reason to build a space ship. where i live the average price of a house is 1.6M USA dollars. wow |
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Crazy Photon
Member #2,588
July 2002
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35-40% ----- |
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ReyBrujo
Moderator
January 2001
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Right now, around %15 (paying phone and broadband bills, plus food and annual terrain tax). Note that I am back living with my mother while I build my house. Once it is finished, I calculate %25-30. Hopefully the next week they will begin with the columns. http://www.allegro.cc/files/attachment/594802 -- |
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Hard Rock
Member #1,547
September 2001
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Looks a lot more complete then last time, that's actually pretty cool. You get to see your house built. As for me, too much. _________________________________________________ |
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ReyBrujo
Moderator
January 2001
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Actually, due global warming -- |
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Frank Griffin
Member #7474
July 2006
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You meant climate change right hehe, I couldnt help but add to his joke. "gut feeling the people in England are poor" -Samuli |
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Matt Smith
Member #783
November 2000
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Error: Divide by Zero |
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HardTranceFan
Member #7,317
June 2006
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Quote: I hated owning. The feeling of having a huge mortgage hanging over my head was depressing. By renting, spend half as much per month and don't have $100k debt tied around my neck... 5% per year on a $100,000 mortgage is under $420 per month. So your rent is less than $210 per month? Personally, I'd rather pay money on interest to live in and eventually outright own a place, than pay it to the landlord so he can eventually own the property outright. If you can avoid it, why pay someone else so they can build up their property ownership? Quote: For the primary condo residence the total is about 2.5% of our household income. What's a primary condo residence (I'm not familiar with the term)? -- |
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LennyLen
Member #5,313
December 2004
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condo == condominium We don't have these in NZ, but I remember them from living in Canada. I think Frank's trying to say that his primary residence is a condo.
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Bob Keane
Member #7,342
June 2006
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I own the houe and rent to three tenants. So I spend a percentage of thier monthly income for accommodation. By reading this sig, I, the reader, agree to render my soul to Bob Keane. I, the reader, understand this is a legally binding contract and freely render my soul. |
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decepto
Member #7,102
April 2006
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In USD Rent: 450 (soon to be zero once I move in with my parents. They just bought a new home near my university) Income: -12,000 a year. (Thanks to student loans) Ideally though, I would keep my housing expenses under 25% of my after-tax income. -------------------------------------------------- |
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Thomas Harte
Member #33
April 2000
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Quote: We don't have these in NZ, but I remember them from living in Canada. I think Frank's trying to say that his primary residence is a condo. No, we don't have them in the UK either. Wiki reckons that the closest thing is a commonhold, but those were only introduced four years ago and have proven extremely unpopular. I get the feeling that they're meant to address the deficiencies in existing land law surrounding the way that covenants (restrictions in what you can do with a piece of property) and easements (rights over other people's property that are attached to your property, e.g. access over a driveway or whatever) remain enforceable by and against subsequent owners of land by creating these common areas that everyone has equal rights over for all time, but they probably just sound like "you could go to location W and buy a 99-year leasehold on a flat, cost £X, or you could go to location X and buy a commonhold flat for £Z and then pay £A per month for upkeep of common areas". Anyway, you've all depressed me now. I was paying about 19% for all house expenses (i.e. including utility bills, not that I was asking that at first) until just now. This week I'm flat hunting in London and am looking at 30-60%, even though I'm getting something like a 15% salary boost just for moving down here. Then again, it's an overpopulated (versus the housing available) island nation, so... [My site] [Tetrominoes] |
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Frank Griffin
Member #7474
July 2006
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The condo is basically an apartment that you own. I rent the condo from someone else. Its only 370 bucks a month so its a steal for a 2 bedroom 2 bath home in NC. "gut feeling the people in England are poor" -Samuli |
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piccolo
Member #3,163
January 2003
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Quote: (income: -12,000 a year) lucky you i have to pay the every semester. im so happy because im on my last semester. wow |
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William Labbett
Member #4,486
March 2004
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I get my rent paid by the council. I don't pay council tax. I get £140 per fortnight for food and other things. Life has been kind to me in many ways. I've the time of my life to learn how make computer games.
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