biglaw how much to spend on rent

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Renzo
Posts: 4265
Joined: Tue Dec 02, 2008 3:23 am

Re: biglaw how much to spend on rent

Postby Renzo » Mon Oct 03, 2011 11:24 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:What about NYC?


Think about 2-3k is conventional wisdom for the nice places in Manhattan or Brooklyn


When should we consider buying, instead of renting (in NYC)?


When you know you'll live in the city for another 10 years, and can afford the $1.5 million (at the low end) it will cost you.

Anonymous User
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Joined: Tue Aug 11, 2009 9:32 am

Re: biglaw how much to spend on rent

Postby Anonymous User » Tue Oct 04, 2011 12:00 am

conventional wisdom says 25% of pre-tax salary as a ceiling (~3300/month). seems reasonable.




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