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Old 12-29-2015, 10:49 AM
 
699 posts, read 440,713 times
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Quote:
Originally Posted by Arcenal352 View Post
He didn't say you need $2.5M to live, he said you need that to be considered a 1 percenter in Manhattan, which is pretty much spot on.

Also, 90k/year in Miami will buy you a 3-4 bed 2 bath house. 150k/yr in Manhattan will rent you a 2 bed apartment.
My mistake, didn't read that properly. I still disagree but it's no longer ridiculous.
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Old 12-29-2015, 11:07 AM
 
Location: Seminole County, FL
9,709 posts, read 6,654,578 times
Reputation: 12195
Quote:
Originally Posted by miami_winter_breeze View Post
My mistake, didn't read that properly. I still disagree but it's no longer ridiculous.
While it's not much of something I want to research too deeply into, quick reads indicate that at least 10% of Manhattan residents are millionaires. That's roughly 150,000. Out of that, I assume at least 15,000 earn over 2.5M... I may be wrong, but I think it's a fair assumption, especially considering the amount of "celebrities" (I hate that word) living there.

Either way... They can have it. Manhattan is nice to visit, but I certainly wouldn't want to live there.

Edit: There are 389,000 millionaires in Manhattan...
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Old 12-29-2015, 11:12 AM
 
699 posts, read 440,713 times
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Quote:
Originally Posted by Arcenal352 View Post
While it's not much of something I want to research too deeply into, quick reads indicate that at least 10% of Manhattan residents are millionaires. That's roughly 150,000. Out of that, I assume at least 15,000 earn over 2.5M... I may be wrong, but I think it's a fair assumption, especially considering the amount of "celebrities" (I hate that word) living there.
Just one small quibble but being a "millionaire" doesn't mean you make annually 1 million a year plus. There are plenty of "millionaires" (as measured in their total assets) who make 250,000k a year.

For example, Sean Puffy Combs has a net worth of almost a billion dollars yet earns annually about 30 million. If you earned 2.5 million annually for a decade, that would be 25 million in just liquid capital but ofc if you were a wise investor, and put it in real estate or stocks, you'd probably have a net worth of about 100 million after a decade of making 2.5 million continuously.
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Old 12-29-2015, 11:17 AM
 
Location: Seminole County, FL
9,709 posts, read 6,654,578 times
Reputation: 12195
Quote:
Originally Posted by miami_winter_breeze View Post
Just one small quibble but being a "millionaire" doesn't mean you make annually 1 million a year plus. There are plenty of "millionaires" (as measured in their total assets) who make 250,000k a year.
I know... That is true. Just threw that out to indicate why I would assume the possibility of 1% of Manhattan-residents make that much. As I said, chances are I'm wrong, but I wouldn't doubt the possibility.
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Old 12-29-2015, 11:18 AM
 
138 posts, read 115,621 times
Reputation: 151
Quote:
Originally Posted by jambo101 View Post
Thats a rather sweeping statement, as Spring Hill,Brooksville,Hernando/Pasco Counties comprise a huge area, which places within your demographic are you referring to specifically?. Sure there are a few undesirable areas but on the whole there are some very nice areas to live within your vast parameter, to lump the whole area together and call it crappy strikes me as you not being very familiar with the area...
Pasco,Hernando,Manatee,Rural Hillsborough are trailer park,white trash,KKK meccas,If that giant racist,treasonous symbol welcoming you to the area off I-4- I-75 isn't warning enough to stay away from most of Tampa BAY, i don't know what is...
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Old 12-29-2015, 11:49 AM
 
Location: Spring Hill Florida
12,135 posts, read 13,269,233 times
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Quote:
Originally Posted by CaribbeanPapi View Post
Pasco,Hernando,Manatee,Rural Hillsborough are trailer park,white trash,KKK meccas,If that giant racist,treasonous symbol welcoming you to the area off I-4- I-75 isn't warning enough to stay away from most of Tampa BAY, i don't know what is...
PLEASE tell EVERYONE you know or contact of your opinion. That should keep people of your mentality far far away from me.

I will note that I heard The Clan is active in Pasco County. I am not sure about Hernando County but in Brooksville the old hanging tree is still there just outside of the courthouse. They havent used it in years.
I hear now days they run you through a wood chipper and feed what is left to the gators in the rivers.


Hernando: Past pain still present


Pronto usted también se una a llevarla Hecho en el vasto mundo del ciberespacio con todos los otros perdedores en la vida.

Adios amigo
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Old 12-29-2015, 01:10 PM
 
15,215 posts, read 31,190,076 times
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Pasco County is huge, and east Pasco is 100% different from west Pasco, or even south Pasco. I lived in Dade City for 12 years, and it was one of the most beautiful and friendliest places in Florida. Still a relatively undiscovered gem. It is the county seat for Pasco, and there are also Pasco Hernando Community College, and St. Leo University. I think certain trol.....(ahem) posters need to get out more.

As for Florida, I am a second generation native, born and raised and they are going to have to blast me out of here. I now live (with my sweet husband) in the beautiful Sarasota/Manatee area and thank my lucky stars every day that I get to live here. Two blocks from the bay, just a few miles to the beach, and just down the road from me the spectacular Ringling Museum. And that is just for starters.
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Old 12-29-2015, 01:10 PM
 
1,039 posts, read 777,874 times
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Quote:
Originally Posted by so954 View Post
No snow!!!! No Cold!!!!

Cheaper Homes

More space

More laid back than other parts of the country with large cities.


My cousin and his wife are moving down, then my aunt and uncle plan to move down too.

Also my brother in laws sister is moving down, both her adult kids already live here.

I love, love, love, Florida

Wherever you go there you are. If you are a miserable person where you are, don't move here thinking it will make you happy. I was miserable where I was, but I"m not a miserable person, that's why I'm so happy in Florida.
no salaries either. no way to make money.
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Old 12-29-2015, 01:14 PM
 
Location: Seminole County, FL
9,709 posts, read 6,654,578 times
Reputation: 12195
Quote:
Originally Posted by DelightfulNYC View Post
no salaries either. no way to make money.
Right... No salaries... Or any way to make money. That's why I pay my mortgage with **** out of my septic tank.

And my wife keeps her business in operation simply as a feel-good thing to do.
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Old 12-29-2015, 01:18 PM
 
1,039 posts, read 777,874 times
Reputation: 817
Quote:
Originally Posted by miami_winter_breeze View Post
An average income of 2.5 million? Where do you get such a ridiculous figure. Let's do some simple math. Let's say you are a renter and the cost of a 1bedroom apartment is on average 5,000k a month. In Miami this would be about 1,200 USD. So the difference is 3,800$ per month or 45,600$ per year. If we count the higher tax burden, it would need to be about 60,000k higher in Manhattan. So if we consider a 90k salary good in Miami, you would need roughly a 150k salary in Manhattan.

Ofc, in Miami you'd need a car (car expenses, gas, insurance, tolls) in Manhattan you'd take PT (so PT expenses). Food costs in my experience are similar. Utilities would probably be smaller in Manhattan since you don't need to cool or heat such a big space.
I have worked with plenty of rich folk in my time. What folks fail to realize the lower 1% feel the poorest of any income group.

You could make $600k a year and barely scrap by in a rich expensive neighborhood and at country club, at work at church you rub elbows with folks making Sixty Million a year.

Once I did a tax return back in the dot come bubble and Joe Blow middle class, 1,500 square foot house with a ten year old car timed it just right at a start up where he owned a good amount of it as the co-founder, started with two guys. He cleared 90 million in IPO. Yep his income tax return said 90 Million. Yet he always referred to folks as being rich, would say that is for rich folks, stayed in his house, shops at Kohls. Etc. He never felt rich. He feels somone who makes 90 million a year is rich. Not some who makes that much one time. He still clears around ten million a year in dividends and interest and still has a one million a year job. And still sits in Upper Deck at Baseball games, eats at McDonalds and sent kids to state schools as he cant afford private school.
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