How Much Should Housing Cost?

The generally accepted rule of thumb for housing costs is 30% of your income. Do the math. Where do you fall on the spectrum? If you live in the Denver metro area and are renting, that percentage has been steadily increasing over the last few years. According to Housing Colorado, one out of every four renters in this beautiful state spends more than 50% of their income on rent. So what do housing costs really look like?

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Image Courtesy of www.makeroomusa.org

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