Question

What is the maximum percentage of net spendable income that should be set aside for housing

Answer 1

According some studies the maximum percentage of net spendable income should be around 25-30% max, not spending to much on housing for you not to lost sight on your financial goals.

Answer 2

The correct answer is "About 25-30% maximum."

Step-by-step explanation:

The maximum percentage of net spendable income should be around 25-30%. Housing decisions are based on the need and financial capacity of each individual. However, you should not spend too much in this area because you could lose sight of all your financial goals.

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