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Reply to "How can 20 somethings in college/right out of college afford to live in 2k a month buildings in DC?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I made $60k out of school at 22 as an engineer. I paid $1k with no roommates bought a Toyota then too. No parent help with expenses but they helped with college so no loans and that was a big deal. We hire for 65-70 now. Engineers. Without many other expenses they can afford $2 for rent esp if they have no loans. [/quote] The under 25 year olds in these buildings are responsible adults holding down full time jobs? If you look at the reviews of many of these newer buildings you will see residents complaining about the [b]under 25 year olds having loud rooftop pool parties, playing loud music at all hours of the night, passing out and vomiting in the hallways and elevators. So you mean to tell me this is what you were doing as a 22 year old[/b]?[/quote] [b]This is exactly what I was doing at 22, and I was holding down a full time job at the same time.[/b] [/quote] Same. I was 22, fresh out of school, in DC, working for a non-profit making $24,000 a year. I had no college debt, drove a $600 car, and shared a group house on 15th St. (when that was a sketchy neighborhood in the late 90's) paying $400 a month rent. I saved 10% of my salary. The remainder was spent partying. And I was 22 - I could easily party until 3 and get up and go to work at 9. Several times a week. I look back fondly at those days.[/quote]
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