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My husband and I are contemplating making a move to New York City. I am wondering what would make more sense -- finding a job first or an apartment to rent? We are in the early stages of research and are generally looking for a neighborhood that is well connected transportation wise and has a daycare for our daughter. I looked up some organizations that are hiring but don't know yet if I should aim to find employment or an apartment first. What would make more sense based on your experience?
Find a job first. It’s a no brainer.
How else are you gonna pay for it if you have no job ?
You will beee to have savings for when you decide to gtfo of the city. So hang on to that.
You are right. I just applied for some jobs and contacted an organization that can help me find a job but in order to benefit from their services I need to have a New York address. They suggested I use the address of someone who could vouch for me. The problem is that I do not know anyone. Do you have any suggestion how I could connect with someone who may be able and willing to help? Thank you.
I don't think you will find any landlord who will rent you an apartment if you don't have proof of income. There's something called the 40x rule in NYC. It's not a strict rule but most landlords follow it.
It means if you rent an apt for $2000 month you need to prove 40x the income per year. So $80,000 a year. If you and your husband each had a 40K/yr job to add up to $80,000 combined, you could meet the 40x rule for a $2000/mo apartment.
We are a family of 3. Where could we stay until we find a suitable apartment? I hope you can advise as I'm really looking forward to improving our situation. We want to work and make things happen for our daughter. Thank you again.
We are a family of 3. Where could we stay until we find a suitable apartment? I hope you can advise as I'm really looking forward to improving our situation. We want to work and make things happen for our daughter. Thank you again.
If you really want to do well for the kid, stay away from city as much as possible.
Raising a family in a nice small home with a yard beats any city living any day. Your quality of life will be better and pace of life will be normal compared to this rat race.
If you really want to do well for the kid, stay away from city as much as possible.
Raising a family in a nice small home with a yard beats any city living any day. Your quality of life will be better and pace of life will be normal compared to this rat race.
Actually I agree. I don't think NYC is a good city to move to if you're not making a lot of money. Everything is hard here. It's worth it for some people but you have to really know why you're choosing it over a place where things are cheaper, cleaner, easier etc.
Actually I agree. I don't think NYC is a good city to move to if you're not making a lot of money. Everything is hard here. It's worth it for some people but you have to really know why you're choosing it over a place where things are cheaper, cleaner, easier etc.
People don’t think ahead.
It’s better to make $50k a year where homes are $250k than live in the area where homes $700k and an income of 70-80k.
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