Who the hell actually pays this much for condos in nyc, jersey and bay area? The mortgage payment+insurance of these 2 beds already exceeds $4k. Add more for car+insurance+parking. We're looking at burn rates of $5k just to sustain monthly life.
I guess I am just too poor 😿
What kind of income does one need to throw away so much? Do you or anyone you know pay so much for hoa? #mortgage #housing
TC: 250k
Want to see the real deal?
More inside scoop? View in App
More inside scoop? View in App
blind
SUPPORT
FOLLOW US
DOWNLOAD THE APP:
FOLLOWING
Industries
Job Groups
- Software Engineering
- Product Management
- Information Technology
- Data Science & Analytics
- Management Consulting
- Hardware Engineering
- Design
- Sales
- Security
- Investment Banking & Sell Side
- Marketing
- Private Equity & Buy Side
- Corporate Finance
- Supply Chain
- Business Development
- Human Resources
- Operations
- Legal
- Admin
- Customer Service
- Communications
Return to Office
Work From Home
COVID-19
Layoffs
Investments & Money
Work Visa
Housing
Referrals
Job Openings
Startups
Office Life
Mental Health
HR Issues
Blockchain & Crypto
Fitness & Nutrition
Travel
Health Care & Insurance
Tax
Hobbies & Entertainment
Working Parents
Food & Dining
IPO
Side Jobs
Show more
SUPPORT
FOLLOW US
DOWNLOAD THE APP:
comments
I'm not saying that hoa is cheaper or w better deal, but it's not always as bad as it seems either.
Condo high rise it self was a “great deal” at 300k
My HOA was $.37 a sq ft paying 750 a month in 2016 there are 880 units total in my building
Its now 827 a month
Got 1946 sq ft
I get a big pool with a lifeguard in the summer, landscaping, 24/7 receptionist, security guy doing rounds, 2 gyms, 4 saunas, 4 steam rooms, 2 banquet rooms, all my packages held and all the common areas are kept clean, vacuumed. Winter shoveling is taken care of, mats are laid out for rainy days.
HOAs are great when you need them and a nightmare if you are “dealing” with them because they are a legit government that you really have no recourse with but to follow their rules
They can enforce the 80/20 rule to keep the property values maintained, they can fine you if you don’t keep your property in line with the Jones’s
I see alot of older couples here because they need the help they can get.