The Rise of Renting in the U.S

Re:The Rise of Renting in the U.S by wavefunction on Wednesday February 17, 2016 @04:27PM (#11121554)

@toomuchtodo

>>applicable to the majority of people?

>Have job that pays median US wage or above.

This requirement and solution are a mis-match.

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Re:The Rise of Renting in the U.S by toomuchtodo on Wednesday February 17, 2016 @04:31PM (#11121589)

Updated to: "Make more than you spend and save combined"

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Re:The Rise of Renting in the U.S by thedufer on Wednesday February 17, 2016 @06:35PM (#11122471)

What does that mean? Where does the extra money go? Under normal definitions, income = spend + save. That's not an equation to be optimized; it's a tautology.

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Re:The Rise of Renting in the U.S by rdiddly on Wednesday February 17, 2016 @04:57PM (#11121767)

Wait, why? Where does the money go that is neither spent nor saved?

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Re:The Rise of Renting in the U.S by toomuchtodo on Wednesday February 17, 2016 @05:02PM (#11121813)

Income - savings - spending = 0. If you're spending and saving (combined) more than you're income, that's debt.

Your goal should be to maximize the savings section of the equation, and minimize spending.

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