I can’t stay within the 25% housing rule
My take home pay after taxes and deductions is $91K/yr.
I live in South Florida - born and raised here. Family, friends, church community, everything is here.
We don’t wanna move and uproot ourselves nor live in a bad area.
For context i’m the sole provider for myself, wife and 2 kids, 1 on the way.
25% of 91K/yr net is $1,895/mo for rent which does not exist down here. Realistically in my area a 3 bedroom, 1500 sqft is going for $3K-$3.5K in a reasonable location.
How is everyone else making it happen?
*EDIT* - this is for renting. I already sold my home to lower payments.