Why a middle-class lifestyle on the coasts costs $300,000

CNBC ^ | April 27, 2018 | Sam Dogen

[nwrep]

Who makes $300,000 a year?

•A Bay Area Rapid Transit janitor made $234,000 + $36,000 in benefits in 2016

•A Bay Area Rapid Transit elevator technician made $235,814 + $48,429 in benefits in 2016

•Starting salaries for 22 year old employees at Facebook, Google, and Apple range from ($80,000 – $120,000) + ($10,000 – $50,000) in annual equity grants.

•30 year old first year Associate in banking earns $150,000 in base salary + ($0 – $120,000) in bonus

•A 26 year old Airbnb employee shared he got a $250,000 total compensation package back in 2015

•A 26 year old first year law associate at a firm like Cravath make $180,000 base + $20,000 sign on bonus. By the end of their 6th year they are making over $300,000

•A 29 year old Director of Marketing at a startup makes between $120,000 – $180,000

•A personal finance blogger with 500,000 pageviews earns between $150,000 – $600,000

•A 42 year old college professor at Berkeley makes $235,000 on average and $279,000 at Columbia and NYU

•The average specialist doctor finishing his or her fellowship at 32 makes $300,000. The average salary for a primary care physician is $200,000

•A 26 year old middle school teacher making $55,000 a year plus her $250,000 a year VP of Marketing wife

•A 56 year old high school athletic director making $100,000 a year plus his $200,000 a year management consultant husband

[nwrep]

[mjp]

when the fed creates money out of thin air, this is what happens

[Cowboy Bob]

What will happen if (when) interest rates rise?

[ClearCase_guy]

•A 26 year old middle school teacher making $55,000 a year plus her $250,000 a year VP of Marketing wife
•A 56 year old high school athletic director making $100,000 a year plus his $200,000 a year management consultant husband

I see what they did there.

[Liz]

And wait'll they retire.....

CALI FIREMAN POCKETS ANNUAL MILLION DOLLAR PENSION
A Los Angeles fireman retired in his 50s with a pension of over 1 million dollars per year with lifetime medical benefits.

Job Title: Assistant Chief---Retired 2010---Years service 32

Rec'd from L/A Fire and Police Employees’ Pension Fund 2015: $1,164,022.65 annual

Lifetime Health Benefits $17,286.69 annual (Excerpt) Read more at breitbart.com ...

[W.]

There’s fagotry a foot

[irishjuggler]

Yeah, that caught my eye too. Only two couples mentioned in the list are perverts. Disgusting propaganda.

[The people have spoken]

Good catch. I missed that.

[Sooth2222]

"Let me tell you a sad story: In order to comfortably raise a family in an expensive coastal city like San Francisco or New York, you've got to make at least $300,000 a year. "

That's ONE of the reasons (there are others) that many choose to live in the suburbs and commute.

=> Census Bureau Reports 1.6 Million Workers Commute into Manhattan Each Day

The median household income in New York City is $50,711. Yes, you can live well in New York City and it takes a lot of money. And you can live much better elsewhere for a lot less money.

[max americana]

Damn. Usually my faggot radar goes off on this garbage but good spot. These ass munchers are something else..

[centurion316]

My son and his wife are founders of a Silicon Valley Company located in Mountain View. They live in Redwood City, just north of Menlo Park. They can’t afford to buy a house, so they rent. They pay the rent, buy groceries, and meet the payroll. When the car breaks down, they are in trouble.

[Rurudyne]

Poofters and lesbians don’t have to spend time not earning on breeding (to borrow the term some apparently use of normal people) the next generation.

[blackdog]

The company store is the state. The slave is the highly compensated schmuck who lives in a house, sends his kids to school, leaves his trash at the curb, and pays the company store for it all.

The black man's ultimate sense of humor.

[napscoordinator]

This is how capitalism works. You get a good education and you can make lots of money. Those jobs are private companies. Some here sound like liberals who complain about CEOs making to much. Instead of complaining, apply for ceo positions. Everyone has choices and if you don’t like the choices you made, change them!!!!!

[napscoordinator]

Jealousy is a horrible thing. You had every opportunity to do the same.

[BBell]

There’s fagotry a foot

[DennisR]

Yep - will never be able to read those types of words and accept them. Never...because it is just not right.

[DennisR]

My hometown, Seattle, is now run by communists, socialists, and liberal elites. We live in a suburb about 25 minutes from downtown Seattle - people here appear to be much more sane, even though the majority are Democrats. But Seattle has definitely jumped headlong into the loony bin.

[StAnDeliver]

And the $500,000 for an 800 sq ft bungalow on a slab on a postage-stamp lot in a bad Oakland neighborhood makes it all for naught. Or funny as hell, depending on your point of view.

That's what made Trump's win so appealing - these assholes thought they could buy the election, and Cankles burned their money and pissed on the ashes...