Comments on: Lady Buys Her First NYC Apartment http://thebillfold.com/2012/06/lady-buys-her-first-nyc-apartment/ Everything About Money You Were Too Polite To Ask Sat, 25 May 2013 03:59:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: WaityKatie http://thebillfold.com/2012/06/lady-buys-her-first-nyc-apartment/#comment-18152 WaityKatie Mon, 24 Sep 2012 15:11:16 +0000 http://thebillfold.com/?p=5952#comment-18152 @skeptic I think it's pretty impressive if you had to finance your own education via student loans, and you have been living in NYC for a while. I'd get excited about it! @skeptic I think it’s pretty impressive if you had to finance your own education via student loans, and you have been living in NYC for a while. I’d get excited about it!

]]> By: The Dauphine http://thebillfold.com/2012/06/lady-buys-her-first-nyc-apartment/#comment-6862 The Dauphine Thu, 14 Jun 2012 12:06:53 +0000 http://thebillfold.com/?p=5952#comment-6862 @stuffisthings It's actually not that insane. Granted I live in NYC, the thing is that prices are high yes, but when I do the math, my mortgage payment still would not be astronomically higher than my rent and I'd have three times as much space. @stuffisthings
It’s actually not that insane. Granted I live in NYC, the thing is that prices are high yes, but when I do the math, my mortgage payment still would not be astronomically higher than my rent and I’d have three times as much space.

]]> By: skeptic http://thebillfold.com/2012/06/lady-buys-her-first-nyc-apartment/#comment-6779 skeptic Wed, 13 Jun 2012 15:25:30 +0000 http://thebillfold.com/?p=5952#comment-6779 Not to in any way diminish this woman's efforts, but saving $40k by the time one is 34 does not make you 'saver.' That's a little over $3k per year after college, which is commendable compared to the American average but hardly anything to get excited about. Not to in any way diminish this woman’s efforts, but saving $40k by the time one is 34 does not make you ‘saver.’ That’s a little over $3k per year after college, which is commendable compared to the American average but hardly anything to get excited about.

]]> By: angry little raincloud http://thebillfold.com/2012/06/lady-buys-her-first-nyc-apartment/#comment-6591 angry little raincloud Mon, 11 Jun 2012 23:25:48 +0000 http://thebillfold.com/?p=5952#comment-6591 I can't even imagine renting a place I don't share with other people, let alone buying a place. I can't fathom saving $40,000. I listened to my midwestern mother for years tell me, "you should buy! first-time tax credits!" and unsuccessfully tell her that the down payment-- in the price range of the woman above--would be more than my salary. (I occasionally meet people who own their apartments. Nice apartments. Sometimes seriously nice apartments. It absolutely flummoxes me. How the hell did they do it? I mean, not all of these people are bankers. Family money? Money from the sky? Where did I go wrong?) So, those rich tech dudes from the style section last week? Any of you? Call me? I can’t even imagine renting a place I don’t share with other people, let alone buying a place. I can’t fathom saving $40,000. I listened to my midwestern mother for years tell me, “you should buy! first-time tax credits!” and unsuccessfully tell her that the down payment– in the price range of the woman above–would be more than my salary.

(I occasionally meet people who own their apartments. Nice apartments. Sometimes seriously nice apartments. It absolutely flummoxes me. How the hell did they do it? I mean, not all of these people are bankers. Family money? Money from the sky? Where did I go wrong?)

So, those rich tech dudes from the style section last week? Any of you? Call me?

]]> By: Megano! http://thebillfold.com/2012/06/lady-buys-her-first-nyc-apartment/#comment-6590 Megano! Mon, 11 Jun 2012 23:19:24 +0000 http://thebillfold.com/?p=5952#comment-6590 Wait, so your property taxes aren't included in the rent? Wait, so your property taxes aren’t included in the rent?

]]> By: navigateher http://thebillfold.com/2012/06/lady-buys-her-first-nyc-apartment/#comment-6576 navigateher Mon, 11 Jun 2012 20:40:27 +0000 http://thebillfold.com/?p=5952#comment-6576 @peacheater Also true. I'm always happy to pay those taxes (at least for a while) when I read a report (e.g. the ones we've seen on The Billfold) about the US health care system. The social security system here is pretty good (which has its own problems). Still, living here in the capital region is so expensive it hurts sometimes. @peacheater Also true. I’m always happy to pay those taxes (at least for a while) when I read a report (e.g. the ones we’ve seen on The Billfold) about the US health care system. The social security system here is pretty good (which has its own problems). Still, living here in the capital region is so expensive it hurts sometimes.

]]> By: peacheater http://thebillfold.com/2012/06/lady-buys-her-first-nyc-apartment/#comment-6572 peacheater Mon, 11 Jun 2012 20:04:58 +0000 http://thebillfold.com/?p=5952#comment-6572 @navigateher I'd totally trade you for the kind of social safety net you guys have over there. @navigateher I’d totally trade you for the kind of social safety net you guys have over there.

]]> By: thematt http://thebillfold.com/2012/06/lady-buys-her-first-nyc-apartment/#comment-6568 thematt Mon, 11 Jun 2012 19:38:35 +0000 http://thebillfold.com/?p=5952#comment-6568 @mishaps Me neither in my Brooklyn condo, but this sort of thing (and more) is common in Manhattan co-ops. And is part of why Manhattan never had a housing crash: people who buy in NY can usually afford to, because their co-op makes sure of it. @mishaps Me neither in my Brooklyn condo, but this sort of thing (and more) is common in Manhattan co-ops. And is part of why Manhattan never had a housing crash: people who buy in NY can usually afford to, because their co-op makes sure of it.

]]> By: mishaps http://thebillfold.com/2012/06/lady-buys-her-first-nyc-apartment/#comment-6564 mishaps Mon, 11 Jun 2012 19:18:49 +0000 http://thebillfold.com/?p=5952#comment-6564 I am calling shenanigans on the “two years of mortgage and maintenance payments in reserve.” Maybe to buy an apartment in the East Village, but I was not told that at all when I was apartment-hunting in Brooklyn, nor have I heard of that requirement from other home-owning friends. I am calling shenanigans on the “two years of mortgage and maintenance payments in reserve.” Maybe to buy an apartment in the East Village, but I was not told that at all when I was apartment-hunting in Brooklyn, nor have I heard of that requirement from other home-owning friends.

]]> By: navigateher http://thebillfold.com/2012/06/lady-buys-her-first-nyc-apartment/#comment-6556 navigateher Mon, 11 Jun 2012 18:50:25 +0000 http://thebillfold.com/?p=5952#comment-6556 @stuffisthings Sorry, I was apparently ranting so much I forgot to mention. Finland. @stuffisthings Sorry, I was apparently ranting so much I forgot to mention. Finland.

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