this post was submitted on 20 Mar 2025
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Tech millionaire builds 99-unit tiny house neighborhood for homeless Canadians - rent is kept at 30% of income, the large majority of residents pay a maximum of $200 — including all utilities (www.goodgoodgood.co)
submitted 3 days ago by [email protected] to c/[email protected]
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[–] [email protected] 3 points 2 days ago (1 children)

It's the maximum reasonable amount as per StatsCan.

People spending 30% or more of their income on shelter costs are considered to be rent-burdened, or in unaffordable housing.

To me, "perfectly reasonable" implies that there would be wiggle room on either end where the figure could still be reasonable were it higher or lower.

[–] [email protected] 1 points 1 day ago

It's an arbitrary number, which means there is definitely wiggle room. People are surviving up at 60% (barely) so I think yes, these days 35% would also be considered reasonable by most