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In NYC? They're living without health insurance, 8 people in a 3 bedroom, with less than $500 in savings, and credit card debt, yes. Or they commute two hours

In NYC? They're living without health insurance, 8 people in a 3 bedroom, with less than $500 in savings, and credit card debt, yes. Or they commute two hours each way from Philly. America does not treat it's people well. https://fortunly.com/statistics/american-savings-statistics/#gref https://fortunly.com/statistics/american-savings-statistics/...

Jcowell 5y ago
Errr. I think there’s a big disconnect here. 1) NYC is not just Manhattan. The outer boroughs are also NYC and are far cheaper. Not Nashville cheap but livable. You don’t need 8 people in 3 bedrooms. You can even live in jersey. 2) A lot of NYC has affordable housing and projects. A lot of communities making the basic minimum wage or not at all can live there. 3) 110K is a absolutely doable in NYC. It’s just not doable if you live outside your means.
lkbm 5y ago
> In NYC? They're living without health insurance, 8 people in a 3 bedroom, with less than $500 in savings, and credit card debt, yes. I understand that they don't have savings and have some credit card debt, but we're talking $50,000 per year. And this is over the median household income[0]. Are the people in the 25th percentile living 16 people in a 3 bedroom? The OP has updated to say their mortgage is only $2,600/mo., so even after housing that leaves ~70k over what median household makes before rent. (The OP also reports having three kids, which is almost certainly a large part of that $70k.) I suspect you don't spend a lot of time with people making $30-$70k. They exist, often have housing, and many of them even eat food. It's worth examining how they manage rather than dismissing this as an impossibility. > Or they commute two hours each way from Philly. Nope. NYC residents. Median household income of $63,998 (2019). [0] https://www.census.gov/quickfacts/fact/table/newyorkcitynewyork/INC110219#INC110219 https://www.census.gov/quickfacts/fact/table/newyorkcitynewy...

Jcowell 5y ago

Errr. I think there’s a big disconnect here. 1) NYC is not just Manhattan. The outer boroughs are also NYC and are far cheaper. Not Nashville cheap but livable. You don’t need 8 people in 3 bedrooms. You can even live in jersey. 2) A lot of NYC has affordable housing and projects. A lot of communities making the basic minimum wage or not at all can live there. 3) 110K is a absolutely doable in NYC. It’s just not doable if you live outside your means.

lkbm 5y ago

> In NYC? They're living without health insurance, 8 people in a 3 bedroom, with less than $500 in savings, and credit card debt, yes. I understand that they don't have savings and have some credit card debt, but we're talking $50,000 per year. And this is over the median household income[0]. Are the people in the 25th percentile living 16 people in a 3 bedroom? The OP has updated to say their mortgage is only $2,600/mo., so even after housing that leaves ~70k over what median household makes before rent. (The OP also reports having three kids, which is almost certainly a large part of that $70k.) I suspect you don't spend a lot of time with people making $30-$70k. They exist, often have housing, and many of them even eat food. It's worth examining how they manage rather than dismissing this as an impossibility. > Or they commute two hours each way from Philly. Nope. NYC residents. Median household income of $63,998 (2019). [0] https://www.census.gov/quickfacts/fact/table/newyorkcitynewyork/INC110219#INC110219 https://www.census.gov/quickfacts/fact/table/newyorkcitynewy...