If housing costs exceed 35-50% of gross income, individuals will struggle to cover necessities and lose the ability to save for the future.
"if you allow your housing costs to be too high and all of a sudden now your housing costs are 35 5 45 50% of your gross income well you begin to recognize that you crowd everything out not only are you crowding out the things like Necessities that you have to have like gas bills utilities but then you also crowd out your ability to build for the future you crowd out your ability to save in the way that you should be saving"
