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* If you're poor you deal with the terrible commute as non-negotiable. You might also live in a cheaper illegal basement apartment, put your child in a cheaper
by shmatt 4y ago
* If you're poor you deal with the terrible commute as non-negotiable. You might also live in a cheaper illegal basement apartment, put your child in a cheaper illegal daycare, etc. A richer family can avoid the risks and pay more. But some poorer families have to take on the risk or be homeless
* There are more subsidies for the poor. It sounds funny to type, but the $250k families might have a harder time to make ends meet than the $60k ones. Childcare being a big example. This is specific to a HCOL city like NYC where subsidized child care starts at 6 weeks old, but a $250k family will probably be spending $3k+ per child per month
- emodendroket 4y ago> * There are more subsidies for the poor. It sounds funny to type, but the $250k families might have a harder time to make ends meet than the $60k ones. Childcare being a big example. This is specific to a HCOL city like NYC where subsidized child care starts at 6 weeks old, but a $250k family will probably be spending $3k+ per child per month Yeah it sounds funny to type because it's not true
- throw123123123 4y agoProbably not true nominally but proportionally 250k is very far away from being 4x 60k. I make 235k in the bay area and just rent + daycare for 2 kids would be 10k a month - on a net income of 12k a month.