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NY is so expensive and if your want to have the "carrie bradshaw" lifestyle 400k is peanuts. Just the the amount of money you can spend to wear one of those outfits is crazy. 25k for a crocodile kelly bag by Hermes. 800Dollars for a Christian Louboutin pumps. A little Lanvin coatdress 6k It adds up! It's really pretensious.
NY is so expensive and if your want to have the "carrie bradshaw" lifestyle 400k is peanuts. Just the the amount of money you can spend to wear one of those outfits is crazy. 25k for a crocodile kelly bag by Hermes. 800Dollars for a Christian Louboutin pumps. A little Lanvin coatdress 6k It adds up! It's really pretensious.
What do you have against the fabulous Carrie Bradshaw??
Hmm at DocGSD, I know where you are coming from, as I am in I.T. and have a high salary myself but in London. I think the points you raised wouldnt be amiss in London, especially re. issues of housing and luxury spending (largely identical)
But where I think you have slipped up is that you need to understand not everyone has that sort of income. It is both hard to relate to and in truth any discussion of it feels like bragging to those not in the same income category. I have this issue with my own friends, who seem to think I can buy anything and should be driving a Porsche
I would agree, eventhough my income that isnt far off the figure initially cited, I still cant bring myself to buy a new luxury car, unless it is used and even then I would only ever pay for it in cash. I just cant ever bring myself to take out credit or a lease, seems like driving up the street and throwing money out of the window!!
As for housing again I agree, gone are the times when places like Manhattan, Central London or Beverly Hills were remotely worth the money. Now you are paying for status and paying through the nose as you are up against wealthy foreign investors. Like you said moving to Queens or nice parts of Brooklyn makes far more sense. Its like how I have never understood why people are obssessed with Central Park West, when you can live in Park Slope off Prospect Park West. More building for your money and the park is also designed by Olmstead and Calvert the same folks who designed Central Park. While Manhattan is a short distance away by car or subway??
Anyway going back to the topic at hand, I think 450k is of course doable, but as nutty as its sounds, the first poster would pretty much be at the bottom end of the Manhattan food chain. Like in London 450k doesnt mean you can buy property wherever you want. Also associated costs of living in such an area as DocGSD explained, would be so much higher (waste of money in my book). Thats my two cents..
Going a bit off topic, it will be interesting to see how established Global cities develop as established areas like Manhattan and Central London become no go areas for people with normal incomes. In the future will our children think of Williamsburg and Shoreditch as we thought of Times Square and Piccadilly Circus??
what parts? stay out of the black/hispanic/chinese areas. each one has its own issues. black = crime, hispanic = mix of crime and 2 am bachata blasting music, chinese = dirty and smelly. best area is midtown by far. the upper east side is also good. upper west side? kinda. battery park (wall street area) is also OK but it's a little quiet and may not suit you. outside of that, you will deal with issues i mentioned. to put it in other terms, try to live around people who are highly educated and in your income/earning class. and yes i recommend a luxury car with a garage. why not? you only live once so use your dough daily while you're on earth with us to max out your pleasure.
i remember going to buy a macbook pro in may of 2007 right at battery park. the residential building was incredible and the guy had a 1 bedroom. it was a great place to live if you like peace and quiet and wealthy people surrounding you. if you live near poor people, they are likely to rob you out of jealousy. if you don't believe that, look at the 99% basement kiddies from #occupy 3 years ago.
you will also need a NSA escort to make sure you are happy and satisfied with no gold digging women trying to steal your dough. get some good contacts going in the city so you are all taken care of.
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