this post was submitted on 30 Oct 2023
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[–] rambaroo@lemmy.world 4 points 1 year ago (2 children)

Yeah if you're spending 50% of your disposable income on rent, it's "affordable"

Meanwhile I make similar money with WFH but I own a house with a mortgage less than half of that ridiculous rent rate.

[–] Copernican@lemmy.world 3 points 1 year ago

Good for you in minimizing cost and maximizing income. The point is the income is sufficient for NYC living, and a lot of people live very satisfactory lives in NYC with that salary. And part of the reason why you stay in NYC is because you enjoy what the cities offers, which can mean you like spending money on life style and going out.

I have several friends that both rent in NYC and own homes in the Hudson Valley/Upstate. I have friends that max out their 401ks, pay rent, and still go out fairly often. I don't understand this false claim that tech workers can't afford the city, hate their lives here, and prefer to live out in the suburbs. That makes no sense. Plenty of tech workers make enough, and love the city, and continue to live here. The challenge is getting people sacrifice leaving their comfortable apartments and neighborhoods in brooklyn and queens to come the shit hole that is mid-town/times square.

[–] Aggy@kbin.social 1 points 1 year ago

I'm wouldn't even spending a 1/3 of my income on that 3k rent. A programmer can very much afford to live in NYC quite comfortably while still saving for the future.