Is it really bad to pay 50% of your income to housing? I really like the idea of living in a luxury apartment and I don’t have many other bills to pay

My boyfriend and I are getting a bigger apartment that’s a bit above our budget because we wanna treat ourselves. We’re aware it’s not logical but, he’s working from home and I’m unemployed so we want somewhere nice since we’ll be home 24/7.

I personally wouldn't go above 40% because on top of that you have to include bills, food and transportation. It would just make me feel restricted in my other expenses and financially uncertain.

so that’s actually what i wanted and what my mindset was originally when looking for apartments, but now im glad i went with nice, but not too luxurious and overpriced because i would rather save that money and put it towards a beautiful house some day that i actually own :) at first when i moved into my apartment (it’s in a beautiful complex above stores, but my apartment in particular just isn’t renovated so it’s cheaper) i wasn’t super excited because it wasn’t what i pictured, but now im loving my tiny home. so all in all, i wouldn’t say it’s bad! as long as you can afford it, do what makes YOU happy!!

it rly depends on what your budget is like !!! if you’re living on like $2k/mo, you’ll wanna keep housing expenses as low as possible, but if you’re living at something closer to $5k/mo, you probably have more wiggle room in your budget. i would strongly advise physically writing out your budget just to make absolutely sure you can afford that much for housing before signing a lease!

Thank you everyone 😊