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re: And did you take out a 2nd mortgage?

Posted by:	ryhog 09:29 am EST 11/23/14
In reply to:	re: And did you take out a 2nd mortgage? - Thom915 01:25 am EST 11/23/14

Thom, I'll accept your average rental price estimates (though not your characterization of rent stabilized apts). Now please add in the additional cost of a car, insurance, gas, maintenance, etc. instead of a monthly metro card. Re food cost, the more germane comparison would be straight up food costs, not a restaurant, even a cheap one. it is quite possible to obtain most food in new york for less than elsewhere, with a modest effort. It is true, of course, that most of us don't sweat the bucks quite as hard as this, because we also make more than folks so elsewhere. But that is not to suggest that it can't be a struggle to be a young person moving to New York especially as a theatre person. That's why we hear stories about survival jobs, and about the arc that follows that story through modest successes professionally as well as the success of finally getting that apartment at Manhattan Plaza. Certainly there are compromises, and certainly everyone is not willing to (or even interested to) make them. But the typical experience cost-wise of someone who has been living here for 25+ years of adulthood is not significantly different than anywhere else. And that's all I set out to say, and that others have agreed with.

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