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Easy answer. Easy solution to their problems: Leave New York.

They can't: she works in private equity, he in securities litigation. The chances of them both finding work in their fields in another city is small, and even if they did, it would likely be at lower salaries in another city with living costs that are almost as high as NY.

I thought of that. See post 21. But I disagree that living in another city would be almost as high.

I think even if they took a hundred thousand dollar decrease in income - they might be better ahead in say Houston or Dallas.

They can't: she works in private equity, he in securities litigation. The chances of them both finding work in their fields in another city is small, and even if they did, it would likely be at lower salaries in another city with living costs that are almost as high as NY.

Meh. They certainly "can" . . . it's more like "they don't want to."

My read on their situation is that they're just bitching about reality. They don't "have" to live in Manhattan; they WANT to live in Manhattan. One does not go to law school, decide to get into securities legislation, and yearn for the corn fields of Iowa. One does not get a graduate degree in accounting, go into private equity, and dream of setting up shop in Biddeford, Maine.

They want to be the NYC power couple. They're just now realizing that to be the NYC power couple, they're going to have to pay some serious, big-time dues.

This is yet another example of a couple of young people getting smacked in the face by a little thing called "reality."

“They can’t: she works in private equity, he in securities litigation”

Move somewhere like Austin, Omaha, Albuquerque, Kansas city, Phoenix. He works as a lawyer. She works at the local bank. With the experience and education they have, someone would be happy to have them. And with their salaries that would seem so pitiful to you, they can live buy a nice house and live the high life in their new world.

They chose that career. With every life comes sacrifices. A soldier endures separations, low pay, and danger. An oilfield worker freezes out in North Dakota. A schoolteacher in Missouri can’t walk to see the latest Broadway show.
And people who elect to go rack up 150k in school debt and work in the hub of the financial industry,,,live sad lives in NYC watching the high flyers all around them, probably don’t have a washer and dryer, and will maybe own a home someday, and are always on a treadmill.

And now she wants a special tax code that gives her unique deductions based on the expense of NYC? That has Obama voter written all over it. And no, i do not care how much they suffer. NYC and her industry goes for Obama big time. Manhattan went 84% for Obama. And they are living in a heaven that is 100% democrat run. So i hope they wallow in it.