I'm at the point in my life I am roommate hunting as I speak. I can't spend 50% of my income on rent. No one can live like this. Society cannot sustain this.
As housing costs soar, some financial analysts advise to scrap the 30% rule | CBC News
Thirty per cent is the often-touted maximum percentage of your income that you should spend on a home. But in an age where the average one-bedroom apartment in Vancouver rents for $2,787 a month, is that number still realistic?