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what percentage of salary should be the House Rent?

March 6th, 2010 by admin
rent house now
I am living in Abu Dhabi, where house rents are touching skies (probably literally). Now a question arises, what percentage of salary should be house Rent? Take into account the high inflation in this region in recent years.

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3 Responses to “what percentage of salary should be the House Rent?”

  1. 1misskate12001

    A good rule of thumb is a week’s salary should cover rent/mortgage.

    Comment on Mar 12th, 2010 at 8:54 am  
  2. 2arizona wolfman

    Mortgage companies like to see no more than 33%, but I’d say more than 50% would really make life rough.

    Comment on Mar 14th, 2010 at 6:03 pm  
  3. 3Feminine Lover

    It shouldn’t be more than 35% if you are married and have your family with you there.
    If bachelor, you should share an appartment and percentage should be 25% only.

    Comment on Mar 15th, 2010 at 7:36 am  
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