4 ms·
You would think $200K/year is a lot of fucking money, but it is really not that much, especially if you live in Manhattan. Here every shitty 1br apartment costs
by rorrr 16y ago
You would think $200K/year is a lot of fucking money, but it is really not that much, especially if you live in Manhattan. Here every shitty 1br apartment costs $800K+. Studios are $500K+. So just to buy a crappy small 1br would take you at least a decade of savings. Plus you'd have to pay $1k/month in maintenance for the rest of you life. And don't forget taxes, it's complete ass rape.
I make 170-180K, and I can only afford to rent. I don't spend that pretty much on anything, I don't go out that often, but there's no fucking way I can afford to buy.
- JabavuAdams 16y agoRight, but that's Manhattan -- one of the most famous and most expensive cities in the world. Because of the way you (we)'ve been socialized, you perhaps see owning as respectable and renting as vaguely disreputable. But, "only renting" in Manhattan is not like "only renting" pretty much anywhere else in the world. Not trying to be a jerk here, because I understand the desire is real. But essentially you're starting to feel entitled to live in Manhattan, without those pesky compromises. In exactly the same way, I'm starting to feel entitled to owning a nice house in a nice neighbourhood with good schools, that's not out in the suburbs, with spending money left over for books and computers, and ... Never mind that my neighbours have BMWs but I drive an old beater. My baseline (the things I'm not eager to compromise on) is already higher than what the vast majority of people in my country have. Every step is reasonable, but you can end up in a strange place. > Here every shitty 1br apartment costs $800K+. Daaamn. Here that buys you a 3 bedroom house in an exclusive neighbourhood in mid-town, on the main subway line.