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It should depend on where a person lives, because housing prices and minimum wages can differ based on region or country of residence. Someone who lives in a third-world country will surely be paying way more than 15% of their income because mostly the minimum wage is very low, and inflation is very high, so if you are making like $200 in a third-world country, you will probably be spending around around $70 to $80 for rent, because the rates are usually high and wages are low as I said. In contrast, someone from a first-world country or a country which has a good economy might have to spend even less than 15% of their income for rent, because inflation is low, and wages are good or high. For this reason alone, rent and other general expenses, people from third-world countries are often compelled to do more than one jobs to be able to sustain the expenses they have to bear, because if you are spending about 30% to 40% only on rent, you can wonder how one can manage with the rest of the funds for a whole month if they have a family to take care of. So, economic hurdles are everywhere, especially if a country is struggling economically, the government and their people might enjoy all the benefits, but the civilians will always suffer.
It should depend on where a person lives, because housing prices and minimum wages can differ based on region or country of residence. Someone who lives in a third-world country will surely be paying way more than 15% of their income because mostly the minimum wage is very low, and inflation is very high, so if you are making like $200 in a third-world country, you will probably be spending around around $70 to $80 for rent, because the rates are usually high and wages are low as I said. In contrast, someone from a first-world country or a country which has a good economy might have to spend even less than 15% of their income for rent, because inflation is low, and wages are good or high. For this reason alone, rent and other general expenses, people from third-world countries are often compelled to do more than one jobs to be able to sustain the expenses they have to bear, because if you are spending about 30% to 40% only on rent, you can wonder how one can manage with the rest of the funds for a whole month if they have a family to take care of. So, economic hurdles are everywhere, especially if a country is struggling economically, the government and their people might enjoy all the benefits, but the civilians will always suffer.
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Kamila
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It should depend on where a person lives, because housing prices and minimum wages can differ based on region or country of residence. Someone who lives in a third-world country will surely be paying way more than 15% of their income because mostly the minimum wage is very low, and inflation is very high, so if you are making like $200 in a third-world country, you will probably be spending around around $70 to $80 for rent, because the rates are usually high and wages are low as I said. In contrast, someone from a first-world country or a country which has a good economy might have to spend even less than 15% of their income for rent, because inflation is low, and wages are good or high. For this reason alone, rent and other general expenses, people from third-world countries are often compelled to do more than one jobs to be able to sustain the expenses they have to bear, because if you are spending about 30% to 40% only on rent, you can wonder how one can manage with the rest of the funds for a whole month if they have a family to take care of. So, economic hurdles are everywhere, especially if a country is struggling economically, the government and their people might enjoy all the benefits, but the civilians will always suffer.
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fernandocostagomes
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It should depend on where a person lives, because housing prices and minimum wages can differ based on region or country of residence. Someone who lives in a third-world country will surely be paying way more than 15% of their income because mostly the minimum wage is very low, and inflation is very high, so if you are making like $200 in a third-world country, you will probably be spending around around $70 to $80 for rent, because the rates are usually high and wages are low as I said. In contrast, someone from a first-world country or a country which has a good economy might have to spend even less than 15% of their income for rent, because inflation is low, and wages are good or high. For this reason alone, rent and other general expenses, people from third-world countries are often compelled to do more than one jobs to be able to sustain the expenses they have to bear, because if you are spending about 30% to 40% only on rent, you can wonder how one can manage with the rest of the funds for a whole month if they have a family to take care of. So, economic hurdles are everywhere, especially if a country is struggling economically, the government and their people might enjoy all the benefits, but the civilians will always suffer.
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by 791 people