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Totally ridiculous and also untrue. Living in Manhattan is a luxury, there are affordable options 20-30m from NYC. You can get a 2br for under $<2k <30m bus rid

Totally ridiculous and also untrue. Living in Manhattan is a luxury, there are affordable options 20-30m from NYC. You can get a 2br for under $<2k <30m bus ride from NYC. $1600-1700 if you look and get a little lucky. Even in Manhattan, there are plenty of 2br available for <$3k. Zillow is bringing up hundreds of results. You're not living large, but you'll have money for savings. Most people who live in Manhattan don't live there alone, anyway. That luxury apt for $6k is a great place to live with 1-2 roommates.

tempsy 4y ago
the fact there exists 2 bedroom apartments for under $3k doesn’t mean that’s the norm in Manhattan. there’s very few and it’s clearly nowhere near the median when the median 1 bed is over $3800. and you’ve mistaken what I said if you think I’m suggesting it’s “hard” to live on $200k in NYC. the point is more that it’s just a normal salary in a high cost area at this point, and after taxes and retirement savings and regular monthly expenses you’d be lucky to save $30k a year. hard to save for a house or start a family and care for dependents without being close to paycheck to paycheck at that income.
- roflyear 4y ago
  First, I'm looking at apartments on the market RIGHT NOW that are under $3k. You can apply for these right now. We're also using an extreme, living in Manhattan is a luxury. It is one of the most expensive places to live on the planet. Even using this extreme your argument doesn't hold water. You would do well on $200k paying $3.5k/m in rent. That's high, but shouldn't kill you. I would argue that using the median or average in an area that has so much luxury housing is also dishonest. I know people paying over $5k for STUDIO APARTMENTS in NYC. They love the building, I dunno! JC median 1br is $3k, north bergen nj 2br is $2,400.... but there are plenty of 1 and 2br in JC and NB that are under $2k on the market right now. Thousands of units, actually. Including kids, or if you have a stay at home spouse or something, you're right. You can't really live in the area on $200k. That is a problem. Your wife needs to work and bring in at least $80k, especially if you have more than 2 kids. But we're kind of moving the goalposts here, aren't we?

tempsy 4y ago

the fact there exists 2 bedroom apartments for under $3k doesn’t mean that’s the norm in Manhattan. there’s very few and it’s clearly nowhere near the median when the median 1 bed is over $3800. and you’ve mistaken what I said if you think I’m suggesting it’s “hard” to live on $200k in NYC. the point is more that it’s just a normal salary in a high cost area at this point, and after taxes and retirement savings and regular monthly expenses you’d be lucky to save $30k a year. hard to save for a house or start a family and care for dependents without being close to paycheck to paycheck at that income.

roflyear 4y ago
First, I'm looking at apartments on the market RIGHT NOW that are under $3k. You can apply for these right now. We're also using an extreme, living in Manhattan is a luxury. It is one of the most expensive places to live on the planet. Even using this extreme your argument doesn't hold water. You would do well on $200k paying $3.5k/m in rent. That's high, but shouldn't kill you. I would argue that using the median or average in an area that has so much luxury housing is also dishonest. I know people paying over $5k for STUDIO APARTMENTS in NYC. They love the building, I dunno! JC median 1br is $3k, north bergen nj 2br is $2,400.... but there are plenty of 1 and 2br in JC and NB that are under $2k on the market right now. Thousands of units, actually. Including kids, or if you have a stay at home spouse or something, you're right. You can't really live in the area on $200k. That is a problem. Your wife needs to work and bring in at least $80k, especially if you have more than 2 kids. But we're kind of moving the goalposts here, aren't we?