Question

John would like to move from the suburbs into the city, but the rent in the city is very high. John has found an apartment he really likes, but he can only afford about 60% of the monthly rent. What is the best housing option for John?
A-Purchase a home in the city center instead.
B-Rent the apartment anyway.
C-Rent the apartment with a roommate.
D-Purchase a home in the suburbs instead.

Answer 1

C- Rent the apartment with a roommate
He can afford 60% of the rent; with a roommate, the rent will be halved so 50% of the rent fits in his budget.