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525k a year to rent a basic apartment?



I guess you could choose the ridiculous interpretation that the poster meant $1/ minute, 24 x 7 x 365....

Or you could have picked the more charitable (dare I say reasonable?) interpretation that they meant earnings of $10k/mo, which is a little bit low tbh, if we're talking pre-tax dollars.


You don't spend a year of salary on a house, most people don't have anything close to that cashflow. And here, OP is talking about their budget which implies they are taking a mortgage on at least 15 years.


Grandparent said:

>You need to earn a dollar a minute to even have a hope of a basic apartment in the city.




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