« Internet Security quiz | Main | It can't rain all the time »
July 27, 2007
How much apartment can I afford?
In Every Penny Counts, another generation of New Yorkers learns a lesson that I've figured out, but never seen in print. That if you scrimp and save (assuming your income is steady), you can afford a home that costs about 3.5 years gross salary.
On the other hand, if you live in NYC, love lattes, going drinking with your friends, and fancy weddings on your own dime, but you aren't in a hotshot career, then you get to rent.
Posted by OneEyedMan at July 27, 2007 2:26 PM
Comments
Post a comment
Thanks for signing in, . Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)