co-living, but how do you afford $2,775 a month

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icfrugal1
Posts: 1948
Joined: Fri Aug 28, 2015 12:54 am

co-living, but how do you afford $2,775 a month

Post by icfrugal1 » Wed May 09, 2018 11:17 pm

https://www.washingtonpost.com/business ... 7cfe9f9d0e

What a changing world we live in.

I would like the social part of it, of course i'm 67 not the group that they are looking for, but where does the $2,775 come from.

IC

colonialgirl
Posts: 1172
Joined: Sat Aug 29, 2015 2:01 am
Location: Central Illinois

Re: co-living, but how do you afford $2,775 a month

Post by colonialgirl » Thu May 10, 2018 1:47 am

That is what he is paying in rent isn't it?

clemencia2us
Posts: 2540
Joined: Fri Aug 28, 2015 9:21 am

Re: co-living, but how do you afford $2,775 a month

Post by clemencia2us » Thu May 10, 2018 7:58 am

icfrugal1 wrote:
Wed May 09, 2018 11:17 pm
https://www.washingtonpost.com/business ... 7cfe9f9d0e

What a changing world we live in.

I would like the social part of it, of course i'm 67 not the group that they are looking for, but where does the $2,775 come from.

IC
That is the amount of the rent. Or do you mean where does that money come from? His job - didn't say what he did. It is expensive to live in DC.

littlemiss63
Posts: 1223
Joined: Thu Aug 27, 2015 10:11 pm
Location: Middle Tennessee

Re: co-living, but how do you afford $2,775 a month

Post by littlemiss63 » Thu May 10, 2018 11:52 am

icfrugal1 wrote:
Wed May 09, 2018 11:17 pm
https://www.washingtonpost.com/business ... 7cfe9f9d0e

What a changing world we live in.

I would like the social part of it, of course i'm 67 not the group that they are looking for, but where does the $2,775 come from.

IC
We are living in a changing world and paying $2,775 in rent in New York is probably considered a steal. Their cost of living is so high and I read somewhere that the average young executive's salary is around $62,000-$65,000. I personally knew a young woman who worked for Coca Cola as an account executive and she was making $100,000 a year. Sounds like a good salary, but she could barely survive on it. She gladly took a transfer to San Francisco when it was offered to her. That means that half of their salary is spent in rent, don't know if she was really any better off in San Francisco rent-wise.

I love New York to visit, but honestly I can't imagine living there. There is something about garbage being piled into the front of all those business's and homes that turns me off completely. I love to people watch and spent some time just sitting in a sidewalk cafe and watched them running almost to their destinations. I would have loved to have known where they were going in such a hurry. A total different lifestyle from anywhere I have ever observed.

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