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When you move away, come back periodically to get your fix of big city life. I got hooked on NYC this year. I could never afford to visit Manhattan until I found out I could camp in Jersey City for $55 a day in a tent or $65 a day sleeping in my car.
I was talking to a young broke photog that can't even afford $55 a day for the tent parking spot. I'm advising him how to do it like a bohemian...sleeping homeless style at Grand Central and getting a free pass at the YMCA for a shower. He can take a Greyhound from Philly one way for $10 and panhandle the return trip $ to get back home.
Everybody has their limits OP, just work the best with what you can do.
Too much TV and chasing that fake dream is correct.
No, not really.
Maybe for a very small percentage of transplants that may be the case but most transplants come because of job and career opportunities.
If the Seinfeld, Friends, and Sex and the City lifestyles were the driving force, then how come LA, Seattle, San Francisco, Boston, Washington DC, are also very expensive as well?
It would be ridiculous to not expect people from coming in. All cities have people coming and going. The largest and most successful ones will have the most. Stagnant, dying cities have less.
When the economy grows and is doing well, the cities are the first to see that growth and NYC being the largest in the country is always going to be at the forefront, i.e. gaining lots of jobs. These jobs attract newcomers. They come and need a place to live.
NYC with tight zoning prevents developers from building as much as the need requires. Prices first rise in the most desirable areas of the city, i.e. Manhattan (because people want to live close to their jobs and most jobs in the city are in Manhattan) as a result. As Manhattan get expensive, people will then look for cheaper housing in other boroughs with easy access to Manhattan and so those are the next to get expensive.
The current residents in those neighborhoods that are priced out then move to other cheaper neighborhoods further out, which then displaces the ones there. Have this play out in the entire region and now you have what we are seeing, rents getting expensive all over.
All this because wealthy liberal Manhattanites are NIMBY. When you put a restriction on supply, prices are going to rise. Relax the restrictions and watch prices go down as supply catches up with demand.
Last edited by antinimby; 12-24-2016 at 09:39 AM..
Fool. Higher COL is equivelant to higher salaries.
I can gurantee u a position in NYC pays 50K here but 30K in South.
COL and Salary do not always go hand in hand.
I don't think your guarantee is anything other than hypothetical.
Prime Examples :
Post Office has no Salary Differential. Paid same in Manhattan New York as in Manhattan Kansas.
Retail Management- Paid by store volume often. A Manager of a Flagship Macys and a Macys in an A-List
Mall in Dallas make no more than 10% difference in salary.
Teachers in NYC make a good deal less than their suburban cohort where COL is lower.
Low Wage Employees- Counter Service, Baristas, Box Office Employees all make minimum wages in NYC despite a very high COL.
Maybe for a very small percentage of transplants that may be the case but most transplants come because of job and career opportunities.
If the Seinfeld, Friends, and Sex and the City lifestyles were the driving force, then how come LA, Seattle, San Francisco, Boston, Washington DC, are also very expensive as well?
It would be ridiculous to not expect people from coming in. All cities have people coming and going. The largest and most successful ones will have the most. Stagnant, dying cities have less.
A big reason people move into Los Angeles is tv as well!
As for NYC being the largest city in the country, that doesn't do the OP any good who just realized he can't have the standard of living he wants here.
I said nothing about people not coming here, but a number of them clearly have very unrealistic expectations, and that was the issue with the OP.
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