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Desperate, Dirty Millennials

Journal by takyon

(NSFW) http://www.vice.com/read/theres-now-a-porn-genre-about-how-broke-millennials-are-456

Vice, keeping a hand on the chest to feel the millennial pulse.

Desperate, Dirty Millennials | Log In/Create an Account | Top | 8 comments | Search Discussion
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  • (Score: 2) by n1 on Wednesday June 08 2016, @01:48PM

    by n1 (993) on Wednesday June 08 2016, @01:48PM (#356854) Journal

    While I can't speak to what goes on in the US...

    A friend of mine here in the UK found that not only do you need a security deposit and two months rent.... Private landlords may require a full credit check and two years worth of income proof of about $36,000 (USD) per year. This is apparently becoming the standard, and that's just for renting a bedroom in a shared house. Shared kitchen and bathroom. This is London though, where a leasehold on a parking space could be worth $1m (USD) if it's in the right zipcode.

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  • (Score: 2) by dyingtolive on Friday June 10 2016, @07:41AM

    by dyingtolive (952) on Friday June 10 2016, @07:41AM (#357675)

    The formula I've seen in most places in the US is that you have to make at least three to four times whatever your rent payment is. There's only been one place that I've not been able to cover it that myself entirely, but I had a roommate (and his girlfriend) at the time, which put the total income up to about 200-225k (probably double that limit), and the place was big enough we could go a day without seeing each other if we wanted to. Shared kitchen, but you could have housed four people with their own rooms in that place if you wanted to. Loved that place.

    Credit checks are standard here too, but according to the leasing offices I've talked to, they're mostly looking for signs of bad renter's history. Don't really care about much else. I have decent credit myself, but it's far from perfect due to issues from when I was younger. Never stopped me from getting into any place I've ever felt like I could afford.

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