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Reply to "First timer overwhelmed by this nanny forum"
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[quote=Anonymous]Also, because you're talking about individual employers, the farther you go up in hourly rate, the fewer potential employers there are for the simple fact that people will get priced out. This is not necessarily a reason in and of itself that nanny rates SHOULD be cheaper, but simply a reality of the market. There is even more demand and competition for those few families that can pay a full-time nanny $20/hour (which would cost the family about $45,000 a year for 40 hours). [/quote]
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