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How does $6.50 make someone making over $100k bat an eyelash at parking? If anything this will just make traffic more congested because lower income people now
by MeinBlutIstBlau 5y ago
How does $6.50 make someone making over $100k bat an eyelash at parking? If anything this will just make traffic more congested because lower income people now will be more likely to drive thus making more traffic.
- azinman2 5y ago100k isn’t that much in the Bay Area.
- MeinBlutIstBlau 5y agoAre you speaking from experience? From what I see on apartments.com, there are plenty of sub $3,000 apartments that you could get there. Even if you get net 60% after taxes on your paycheck, is still more than enough to live on.
- silicon2401 5y agoMany people like to exaggerate the minimum cost of living to justify extravagant lifestyles. It's not necessary to eat out multiple times per week, have a new/recent car, subscribe to a long list of services like Netflix or Peloton, spend dozens/hundreds of dollars on eating or drinking out, keeping up with trends in clothing and commodities. But a lot of people don't have the self control to live simply, so instead they say that that's just the basic cost of living.
- MeinBlutIstBlau 5y agoI agree wholeheartedly. So many people tell me the same thing about NYC but if that's the case, how are people able to live there making sub $60k? So my mind just jumps to affluenza stricken people that have FOMO so bad they must spend every single dime on a high quality lifestyle.
- silicon2401 5y agoI think that's more common than people admit. Another good one is when people act as if it's impossible to raise kids with less than 1 bedroom and car per kid, as well as family trips every year and extracurricular lessons throughout their lives. Meanwhile oblivious to the fact that millions of families live in tiny apartments, have no extracurriculars or travel, and still end up fine.
- azinman2 5y agoIf you’re making 60k post tax and paying 3k/mo, that’s over half your income going to rent. That’s a very high percentage. There isn’t a whole lot left over for other basic expenses (food isn’t cheap), let alone saving money for the future or supporting a family.
- MeinBlutIstBlau 5y agoThe 30% rule is for gross, not net. Also, food is cheap. Even in a HCOL SF, you can make meals less than $3/meal. And eat healthily. You just have high standards of living. Eat more rice and chicken, less name brand organic food and going out to eat.