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What percentage of their income do Norwegians spend on rent?

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The idea that you should spend 30 percent of your income on housing has been around for 47 years. By Alexander C. Kaufman scyther5 via Getty Images The percentage of your salary that you should spend on rent really depends on where you live and how much you earn. read more

If rent and income grew in line with 2 percent inflation, “demographic trends alone would raise the number of severely burdened renter households by 11 percent from an estimated 11.8 million in 2015 to 13.1 million in 2025,” the report says. read more

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