My brother in law has a similar setup going for him right now.
Right out of college he was able to get reduced housing via section 42 rules .... His base starting salary was really low but he had a commission aspect to his job, but since he just started was not on a payslip they checked to let him into the building .... anyways, he has since gotten two better jobs and married but still is able to pay $700/mo (all bills included) for a downtown 1bed/1bath apt. in Minneapolis. For comparison when we lived downtown Minneapolis it was $1650/mo for a smaller place and we had to pay for cable, internet, and electric.
If I was in the same position, I would do the same thing ... I can't fault people for doing what is well within the rules/law. They're saving money like crazy because of the almost non-existent rent and plan to move to buy a house soon. It certainly can help those who need it, but is also broken enough to be easily taken advantage of.
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