Quantcast
Channel: Boston Archives - Sampan
Viewing all articles
Browse latest Browse all 146

What is Affordable? The Availability of Housing in Boston

0
0
affordable housing complex

It’s no secret that Boston is an expensive city in which to live. You may have heard that people should spend no more than 30% of their income on housing though this reference point is widely acknowledged to be decades out of date.  The new budgeting guidelines popularized by Sen. Elizabeth Warren in her book All Your Worth: The Ultimate Lifetime Money Plan include the 50/30/20 rule. 50% of one’s after-tax income on needs (housing, food, car payments, utilities); 30% on “wants” the non-essential items like entertainment, eating out, movies, streaming services.  The last 20% goes to savings, that cushion […]

The post What is Affordable? The Availability of Housing in Boston appeared first on .


Viewing all articles
Browse latest Browse all 146

Latest Images

Trending Articles





Latest Images