Own/Rent Manhattan
What percentage of your income after taxes and excluding bonus, do you guys spent on rent in manhattan?
Do any of you have mortgages? Is owning realestate in NY more efficient?
Trending Content
| +164 | The "Not So Obvious" things that get you a return offer? | 19 | 3h | |
| +93 | Is my life over after not getting GS? | 20 | 3h | |
| +64 | Best IB group on the Street | 27 | 25m | |
| +54 | BIG FOUR ARE PARADISE | 15 | 7m | |
| +46 | Thoughts and tips on how to speak like an investment banker. | 25 | 2s | |
| +42 | Tell me one good reason why Jefferies isn’t going to be a top bank in the next 5 years | 22 | 3h | |
| +36 | UBS Outlook | 28 | 1d | |
| +35 | Georgetown Placement for 2024 and 2025 | 21 | 6d | |
| +33 | How to deal with egotistical team? | 6 | 2d | |
| +31 | Highest Paid Bankers in Toronto? | 50 | 1d |
Career Resources
Including utilities, 35% (1st year analyst)
well since i'm a college kid i don't pay the bills but matt damon has the penthouse in my building and pays... get this... $24,000 a month
lol i thought he bought an apt... my friend used to live there before her parents got divorced.
http://www.youtube.com/embed/ZWTzyU5MFgM
I can't imagine that it makes sense to buy in NYC (the city, not the state in general).
I pay about 35% of my take home pay after taxes to rent a condo basically on central park (by columbus circle).
You can find decent deals to purchase in NYC but you have to think about the monthly maintenance costs. The unit I am renting has monthly maintenance right around $1,500 a month. Imagine adding that to your mortgage payment.
Excepturi sit voluptas exercitationem rerum. Sit et qui eligendi reprehenderit earum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...