what does it mean for me to break even?
i signed a lease in 2013 for $650 all inclusive, and the place was perfectly sized. my income at the time was $1075, not including tax rebates. that's about 60% of income - relatively high, but i was happy.
today, my income is $1151. the equivalent percentage of my income works out to $695.95. i'm currently paying $700.
i understand that housing inflates slightly, but it should not be growing faster than inflation.
that said, i know i got a good deal - and i know i'll need to shop for a bit to find another deal that good.
i found one today, but she wants a student. sadly.