If its 24/7 I'm assuming it's not one nanny but several. I mean you can't have someone work 24/7
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These numbers make no sense. $216,000 a year for the mortgage? $9,000 a quarter for property tax in Manhattan? "Only" $500K a month for their parking? Plus their "HOA" dues every month? (One has *common charges* in a condo, there is no HOA, this isn't a PUD in Staten Island...)
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Playing with an amortization calculator, this fictional character has a $4 million mortgage at 30 years at 3.5%
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$2000/month for travel. No doubt taking Greyhound to visit Meemaw.
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Yeah, who has to spend this much a month traveling? Truly only the essentials. (They also have a car so this isn't just Acela passes).
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$18k mortgage would be a $3-$4M apartment, right? That is not poor by any conceivable definition!
Thanks. Twitter will use this to make your timeline better. UndoUndo
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I mean it seems like that nanny makes 192k and gets free room & board so not a horrible deal.
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Yeah but either she's on-call perpetually or that 192K is actually split between 3 nannies working 8 hour shifts 7 days per and only making 64K each. If that money is under the table, those nannies/that nanny can retire to Costa Rica in a few anyway.
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This is the end result of 40 years of neo-liberal economics and oligarchic policy choices, and the resulting entitlement of the beneficiaries of those policies. When relatively modest homes in many cities cost $1 million, expect (more) dislocation, soon.
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