[serge2k]

It's a perfectly valid choice to take advantage of that when you don't have a family and all the associated responsibilities yet.

[ProAm]

Look at all the baby boomers now who 'didn't save enough to retire', it's crazy to spend 50% of your income on rent.

[_ao789]

I fully agree. Personally I would hate to spend 50% of my earnings on a rental property month after month. Suppose there's not all that much that can be done about it given the constant population growth and everybody wanting to be close to urban centres. Makes it very competitive.