Did you know that the average American spends 27.8% of their monthly income on housing?.
Whilst this is an average, individual cases can be far worse.
For example according to MSN Money, over a quarter of those living in rented properties in the USA spend over half of their income on housing.
In the UK the figure is even worse – with Brits spending on average 43% of their income on rent.
In other words, renting a property is expensive, but there are ways to cut your costs...
View detail |