Debate Over Rent Affordability and Budgeting: The Three Times Rule in Real Estate

Hello, I’m interested in renting this pro. Okay, but how much do you make a month? $10,000 a month. Yeah, sorry, buddy. You need to make at least three times the rent, otherwise you can’t afford it. Property is going for $4,000. And unfortunately for you, 4,000 times three is 12,000. So you’re too proud. I can definitely afford it.

Yeah, buddy. They’re selling a box on the corner. Maybe that’ll work out better. Make three times. If I can already afford $4,000 a month, I’ll make way more.

You need to be able to pay rent on top of your other Bill. You don’t know my other bills. Sure do. $1 Bill, another $1 Bill. You won’t miss payments. I have a good credit score. Sorry, that’s not enough. Look, if you don’t have 3 times of rent, that just automatically makes, it won’t help make sense. Go. So if I’m great with my money, I don’t know that I make more than enough to cover the rent. So, you know, you can get good payment from you, especially my credit score.

Okay, why would I need to make three time to make sure you pay your rent on time to make 150,000 a year if somebody was making 3 times the rent, why would they wanna live here? Because they can’t afford anything higher. Cuz they need 3 times that, right? Lamborghinis and bugades are a lot of my broken down. Cuz I make $10,000 a month and I wanna live here, not in a 3,000 dollar, then I guess you just gotta move to section a.

Good luck with cockroaches in bed, Bob. Congratulations. You’re officially at the bottom of pot. Who made this rule? Your landlord. Look, you shouldn’t be spending half your income on rent. Are you following? No, I’m not follow it. That’s because of rock. All you do is complain, bro boy, bro boy. I’m not bro. I can afford this. How can you afford this when I just rejected your replication? Too late. Good luck in section a, cockroaches on your plate.