advertisement
Click Here
On The Insider: Jon Gosselin & Hailey Glassman Split
Sign up | Log in
new post » see more posts »

  • Check out this NY Times story, "You Try to Live on 500K in This Town" referring to recent Obama exec salary cap and the cost of living an upper middle class life in NYC. Basic point is that 500k in NYC is not all that much! I totally agree but I couldn't believe the Times would print something like this now--as if the general public don't already have a seething hatred of Wall St and the wealthy...this is sure to be the tipping point that starts the revolution. Let them eat cake indeed! http://www.nytimes.com/2009/02/08/fashion/08halfmill.html?ref=style

    17 replies [ Reply | Watch | Options ]
    02.07.09, 03:50 PM [ Flag ]

    • It's funny, some expenses in that article are so "normal" and other so OTT. Like the $45K nanny or the $1.5M 3 BR apt. or the private school tution. OTOH, an apt w monthly maintenance of $8K!!!! and the $4M hamptons house and the chauffer and 3 $12K gowns for galas each year...

      [ Reply | Options ]
      02.07.09, 07:01 PM [ Flag | link to this post ]

    • That's more than an upper middle class life style.

      [ Reply | Options ]
      02.07.09, 07:05 PM [ Flag | link to this post ]

      • np 500k isn't

        [ Reply | Options ]
        02.07.09, 07:10 PM [ Flag | link to this post ]

        • Reality check--yes, it is.

          [ Reply | Options ]
          02.07.09, 07:15 PM [ Flag | link to this post ]

        • NP: It's all semantics. We have a HHI of 500K, send 2 kids to private school, rent a classic 6, only take 1 vacation a year, have a part-time sitter, no other homes, don't go out to eat much, own a Toyota SUV which we garage, and put the max away for IRA, 401K. We save absolutely nothing - zero. So with nothing coming into the bank account it's kind of tough to argue that we are living anyting more than an upper middle class life. NYC is simply crazy expensive and I just love it too much to do the sane thing which is move out.

          [ Reply | Options ]
          02.07.09, 08:46 PM [ Flag | link to this post ]

          • okay, the 2 school tuitions, is like $125K pretax. so you're basically saying that if all you make is $375K, you can't possibly save money in nyc above and beyond 401k? I say BS - there's probably tons of things you can cut out.

            [ Reply | Options ]
            02.07.09, 09:16 PM [ Flag | link to this post ]

    • They have to be kidding, no wonder their sales continue to plummet. Who do they think their audiene is?

      [ Reply | Options ]
      02.08.09, 12:11 PM [ Flag | link to this post ]

    • I don't think that article is meant to create any sympathy

      [ Reply | Options ]
      02.08.09, 12:20 PM [ Flag | link to this post ]
advertisement
advertisement
Click Here

UrbanBaby Asks...

Are you or your partner ever naked in front of your children?

Already voted? View Results

See previous polls »

Boards Help

Abbreviations
More Boards Help


Flashback