How much is your rent as a % of earnings and euro

mkdon

interesting question to pose as above

Odelay

mkdon wrote: »

interesting question to pose as above

What’s yours?

s7ryf3925pivug

It was about 18% of my net salary for 3 bed house 20 min from my workplace. I bought a house earlier this year. My mortgage repayments are less for a much better house.

mkdon

57%

10pennymixup

mkdon wrote: »

57%

F*ck!!!!!!!!!!!

Bubbaclaus

16.8% of net. I currently rent a room in a 4 bed house.

Captainsatnav

Bubbaclaus wrote: »

16.8% of net. I currently rent a room in a 4 bed house.

23%. Slightly less for her as she earns more. Myself and fiance pay half each on a 2 bed apt.

s7ryf3925pivug

mkdon wrote: »

57%

Dont know whether you choose to live somewhere as fancy as you can afford, or if that is just the best option available to you? - but that seems very high.

glomar

35 %

OldMrBrennan83

22% of my wages go towards my half of the rent and not snowballs chance of owning a house.



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CiniO

0% as I own my house

s7ryf3925pivug

CiniO wrote: »

0% as I own my house

Do you? If you have a mortgage then the bank owns most of it.

Ashton Freezing Lemonade

Ashton Freezing Lemonade wrote: »

Do you? If you have a mortgage then the bank owns most of it.

Well they don’t, they may have a hold over it in the event of a default but they certainly don’t own it.

Horusire

Jakob Wailing Toupee wrote: »

Well they don’t, they may have a hold over it in the event of a default but they certainly don’t own it.

Stop paying your mortgage and they'll quickly remind you who owns it

Horusire

Horusire wrote: »

Stop paying your mortgage and they'll quickly remind you who owns it

Your name is on the deeds therefore you own it simple as that, the fact a bank can repossess it to sell to cover a mortgage that’s secured against it is irrelevant. They do not own it.

If I have a house with no mortgage and use it as security for a loan are you claiming I would not own the house? The bank could sell it to reclaim the loan after all.

UpTheSlashers

30% of net.

Telly

15%

38%. €600pm for a two bedroom house in Cork City. Expecting a rent increase in the new year because of new builds nearby charging higher rents.

Bitches Be Trypsin

54%, not in an "upmarket" area, it's honestly breaking me.

CiniO

Ashton Freezing Lemonade wrote: »

Do you? If you have a mortgage then the bank owns most of it.

And what if I don't have mortgage?
With my earnings bank would never give me one.

bunderoon

12% of mine.
Add herself into it and it would go down to about 9%.

mkdon

sounds like most are either paying hella low rent or on hella lot of mooolah

Foweva Awone

Whatever the HAP percentage is ... 12% of income or something? Works out at about €26 a week for a two-bed apartment (I'm on a CE scheme, which is why my income and therefore my rent is so low.)

mkdon

not familiar with either scheme...enlighten me pls

Foweva Awone

mkdon wrote: »

not familiar with either scheme...enlighten me pls

Loads of info if you Google either.

AppleBottle

24% of net wages

bunderoon

mkdon wrote: »

sounds like most are either paying hella low rent or on hella lot of mooolah

4 bed bungalow on 1.5 acres in Mayo.
<90k left on Mortgage. On 5 year fixed at the moment.
In year 5 of a 30 year term.

I know some have to, but I couldn't imagine living up in Dublin and being a slave to that kind of debt.
Work to live, not live to work.

Mike9832

0%

Bought house for cash

In hindsight should have kept renting or taken a mortgage

Cash is king

Glenn Coco

35%

Macha

We pay 20% for a lovely big 2 bed apartment in Brussels that you'd pay at least double for in Dublin.

Mandzhalas

50% of net family income.