Quote:
Originally Posted by Dmain_Event
I am also from pittsburgh and I make about 65K now. I am a software engineer, which is a pretty hard career field. But I have student loans to pay back (650/month), so I am probably in a worse situation. My question is what the hello to people do for a living up there, that drives the price of real estate so high? It can't be all celebrities, corporate lawyers and Investment bankers/ponzi-schemers. Maybe I could apply for a job at the SEC NYC branch and watch porn all day why the next Madoff is stealing money from old ladies and pension funds lol...How does one even land a job were you can expect about 250,000-300,000 a year  I imagine even if I get 10 more years of experience, I still won't be in that range (I might even start getting priced out of the market-assuming inflation doesn't destroy the currency that is). For all those that live in Manhattan (and I'm not talking about dodging bullets in the hood... not that there is anything wrong with that <politcalCorrectness tag/>), what do you do? How do you make a living? |
Depending on what field of software dev you're in you can make up to $150k+ here. I know many developers who do and we're not talking senior management here. As for real estate prices in Manhattan: you're not competing only with other residents who work for a living but also with people internationally and nationally who have money or come from money and want to live the NYC lifestyle. Still, on 100k you can rent a $2500/mo apartment which would get you a decent 1 bedroom in a walkup in many neighborhoods that aren't ghetto at all. The middle class here, and yes, 150k in NYC is middle class, generally don't own real estate in Manhattan. If they own it's in the boroughs or NJ/LI.
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