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.
30% of income spent on housing is a perfectly reasonable number
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.