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Metropolitan New York City
Reply to "Status anxiety among New York parents? Am I just seeing more of it now? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It's always been there. People who want to work on Wall Street are no different now than in the 1980s when I started college.[/quote] Maybe you’re missing my point. Yes, there are always going to be ‘people who want to work on Wall Street’ (although that is an anachronistic way of referring to what I’m saying). But I’m pointing out that it seems to be the rule rather than the exception now. At least among my cohort. [/quote] Over my lifetime, Manhattan real estate has somewhat disproportionately appreciated. Similar to Bethesda, Silicon Valley, and other places where people command extremely high salaries. Because there were real problems in NYC the 1970s and 1980s. But those problems got under control. I've seen how certain neighborhoods have gentrified over the decades since I started visiting. DC has also gentrified tremendously over the past 30 years. I don't see fewer people in my circles aspiring to "helper jobs". There never were that many. My thought is that the reason why people aren't talking about helper jobs now is because that just won't allow you to remain a Manhattanite with a decent standard of living. My friend who lives in Silicon Valley tells me that most of the "community helper" types in her area (teachers, etc.) have inherited their homes. Otherwise they could never have bought in.[/quote]
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