My father didn't make much money and our family lived paycheck to paycheck. But here's what we also experienced. I recently did some back of the envelope calculations and if I'm not mistaken, My family paid something like 18% of our limited income on housing. 18%? Do you know anybody today who pays 18%? I doubt it. More likely people are paying 40, 50% or even more, which means that they have less money available for other basic necessities. (03:12–03:21)
CLAIM
Asserts that his family paid 18% of their income on housing in the past.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
