Where does nearly half of your income go?

dtla-skyline-rent-or-buy

According to Curbed LA, the average Los Angeles renter is paying 48.9 percent of their income toward rent.

Everyone's individual situation is unique and sometimes it makes more sense to rent.

However since we can't avoid paying to live (either through rent or through a mortgage) by investing in your home, at least you end up with an asset that is your own. 

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