this post was submitted on 20 Mar 2025
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Tech millionaire builds 99-unit tiny house neighborhood for homeless Canadians - rent is kept at 30% of income, the large majority of residents pay a maximum of $200 — including all utilities (www.goodgoodgood.co)
submitted 1 month ago by [email protected] to c/[email protected]
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[–] [email protected] 6 points 1 month ago (18 children)

Damn, $200 sounds low, on the other hand 30% is a crazy share. I'm targeting 10-15% at most.

[–] [email protected] 16 points 1 month ago* (last edited 1 month ago) (6 children)

German here, 30% of income after taxes was the rule since a few decades, but in reality many people are closer to 50% now. How do you manage 15%?

EDIT: Oh, right, just saw the 8k income. That's C-Level money here.

[–] [email protected] 2 points 1 month ago

I am C-level and also German.

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