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06-09-2015, 02:40 PM
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Location: Riverdale, NY
279 posts, read 424,320 times
Reputation: 156
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Quote:
Originally Posted by acceptyourself
why enter a thread about NYC then?  |
Because you're misleading people. NYC can include the 5 boroughs. You're clearly talking about Manhattan and only select parts at that. You don't need $120,000 to live in Manhattan unless you must live in the most exclusive parts of Manhattan, and you certainly don't need $120,000 to live in the outerboroughs. There are too many of these threads scaring people into believing that they can't afford to live here and I wish people like yourself would stop with the exaggerations. I'm a NYer and have lived here my entire life. I'll agree that rents have shot up considerably, but plenty of people are doing just fine and don't make $120,000 a year. It all depends on what people's needs are. Shall I ask you what is the per capita income for NYC since everyone is earning $120,000+??
Additionally, what areas of NYC did you look at when coming to the conclusion that one needs $120,000 to live alone? |
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06-09-2015, 02:53 PM
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Location: West Harlem
6,885 posts, read 8,786,691 times
Reputation: 3034
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Quote:
Originally Posted by on the avenue
Because you're misleading people. NYC can include the 5 boroughs. You're clearly talking about Manhattan and only select parts at that. You don't need $120,000 to live in Manhattan unless you must live in the most exclusive parts of Manhattan, and you certainly don't need $120,000 to live in the outerboroughs. There are too many of these threads scaring people into believing that they can't afford to live here and I wish people like yourself would stop with the exaggerations. I'm a NYer and have lived here my entire life. I'll agree that rents have shot up considerably, but plenty of people are doing just fine and don't make $120,000 a year. It all depends on what people's needs are. Shall I ask you what is the per capita income for NYC since everyone is earning $120,000+??
Additionally, what areas of NYC did you look at when coming to the conclusion that one needs $120,000 to live alone?
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The OP stated - "the most desirable parts of the city." A kind of euphemism for the usual "top" neighborhoods. And then used the usual set of criteria. Straightforward enough.
While I have no doubt that people are living in Manhattan with under $150,000 a year, I actually agree with the basic points. These days, that is to say. People think Harlem is inexpensive and even there they would be wrong. |
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06-09-2015, 03:02 PM
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Location: Riverdale, NY
279 posts, read 424,320 times
Reputation: 156
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Quote:
Originally Posted by Harlem resident
The OP stated - "the most desirable parts of the city." A kind of euphemism for the usual "top" neighborhoods. And then used the usual set of criteria. Straightforward enough.
While I have no doubt that people are living in Manhattan with under $150,000 a year, I actually agree with the basic points. These days, that is to say. People think Harlem is inexpensive and even there they would be wrong.
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The title is misleading though. For the most desirable parts yes. I still would be interested in knowing where the OP looked in "NYC". |
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06-09-2015, 03:11 PM
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1,998 posts, read 1,540,722 times
Reputation: 1227
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Quote:
Originally Posted by on the avenue
The title is misleading though. For the most desirable parts yes. I still would be interested in knowing where the OP looked in "NYC".
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There is not many places where $3K a month studio is common in NYC.
Quote:
Originally Posted by acceptyourself
Simply took the 40x rule requirement. Looked at the most desired areas in the city. Took the average studio price and multiplied that by 40.
$120,000
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06-09-2015, 03:36 PM
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Location: NYC
516 posts, read 759,617 times
Reputation: 591
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Quote:
Originally Posted by on the avenue
There are too many of these threads scaring people into believing that they can't afford to live here
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Good! Let them be scared! The less transplants, the happier I'm going to be. |
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06-09-2015, 03:44 PM
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103 posts, read 146,503 times
Reputation: 21
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Quote:
Originally Posted by jkub101
Good! Let them be scared! The less transplants, the happier I'm going to be.
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lol  |
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06-09-2015, 04:29 PM
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2,243 posts, read 2,011,639 times
Reputation: 4225
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Quote:
Originally Posted by on the avenue
The title is misleading though. For the most desirable parts yes. I still would be interested in knowing where the OP looked in "NYC".
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Agreed. |
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06-09-2015, 04:36 PM
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Location: Bronx
16,231 posts, read 20,219,574 times
Reputation: 8250
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Let's not forget some Transplant and suburbanites fresh out of college with some big job get assistance from parents back home and can act as an guarantor for an apartment.
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06-09-2015, 04:40 PM
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12,064 posts, read 10,939,707 times
Reputation: 15809
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You're not much of a New Yorker, if you look only at the most desirable areas and take the average seriously.
ON the other hand, it's a disturbing indicator.
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06-09-2015, 05:46 PM
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Location: West Harlem
6,885 posts, read 8,786,691 times
Reputation: 3034
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Quote:
Originally Posted by Cida
You're not much of a New Yorker, if you look only at the most desirable areas and take the average seriously.
ON the other hand, it's a disturbing indicator.
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It certainly is - and while I agree with your sentiment, it is actually becoming the reality for many people. |
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