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Impunity
#11 Posted : Thursday, July 14, 2011 6:26:58 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
SAC Cohen wrote:
Barrywhite wrote:
Of course the lower your rent the better for you; any day! As a rule however, if you are paying more than 20% of your net on rent, you are sacrificing your future. Once read this in some HABITAT journal that l cant trace immediately. Unfortunately, most of us contravene this ...... by varying degrees


Does this apply to 2-income household? i.e hus+wife...


Swala nyeti hayo...d'oh!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Lolest!
#12 Posted : Thursday, July 14, 2011 9:39:14 PM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Of course the 20pc is on total household income. One major factor is ignored though-transport. On a separate thread, someone wrote they spend 20k for transport and lunch! What if he could work within 100metres from home? He could make huge savings on transport and lunch
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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Sufficiently Philanga....thropic
#13 Posted : Thursday, July 14, 2011 10:28:53 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Lolest! wrote:
Of course the 20pc is on total household income. One major factor is ignored though-transport. On a separate thread, someone wrote they spend 20k for transport and lunch! What if he could work within 100metres from home? He could make huge savings on transport and lunch

Though a valid point, remember, you can lose your job tomorrow or get transfered elsewhere.
i tend to look at proximity to work n the resulting reduction on transport as just a rider and not something that should overide the 20% rule!
@SufficientlyP
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mapozi
#14 Posted : Saturday, July 16, 2011 8:29:28 PM
Rank: Member

Joined: 4/21/2011
Posts: 119
Imara Daima-rent-25k, 3brm,1 m/ensuite,separate dining rm, fited kitchen,built in wardrobes gated compound. Is this a gd deal?
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Impunity
#15 Posted : Sunday, July 17, 2011 1:07:25 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
@mapozi, bervect ndeel,nget me the owner's gondactts pleaae.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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mapozi
#16 Posted : Monday, July 18, 2011 4:58:39 PM
Rank: Member

Joined: 4/21/2011
Posts: 119
@Impunity,

It was an ad I saw on Dealfish, I called the number on that ad- 0715601731 and we scheduled a "viewing" but something came up so I never went, maybe you can try your luck.
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kiterunner
#17 Posted : Tuesday, July 19, 2011 12:25:04 AM
Rank: Member

Joined: 7/9/2011
Posts: 730
Location: Nairobi
what if he earns 30k, 20% rule will be tight?
our goals are best achieved indirectly
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Barrywhite
#18 Posted : Tuesday, July 19, 2011 9:32:03 AM
Rank: Member

Joined: 12/2/2009
Posts: 286
Location: Nairobi
I think its on household income. Husband, wife, business income, all of it.
The laudable is more often than not rendered laughable by overclaim
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