88
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 02 Sep 2023
88 points (80.1% liked)
Ask Lemmy
26890 readers
1224 users here now
A Fediverse community for open-ended, thought provoking questions
Please don't post about US Politics. If you need to do this, try !politicaldiscussion@lemmy.world
Rules: (interactive)
1) Be nice and; have fun
Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them
2) All posts must end with a '?'
This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?
3) No spam
Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.
4) NSFW is okay, within reason
Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com.
NSFW comments should be restricted to posts tagged [NSFW].
5) This is not a support community.
It is not a place for 'how do I?', type questions.
If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.
Reminder: The terms of service apply here too.
Partnered Communities:
Logo design credit goes to: tubbadu
founded 1 year ago
MODERATORS
My condolences for your situation but the reality is that it simply isn't a lot of savings.
10K lasting you 2 years is a fantasy. If rent is $500 a month, (which is an overwhelmingly generous estimate in this economy), you're still talking about $500x24 months = $12K. That's ignoring literally all other costs of living like food, transportation, electricity, etc.
I'm single, no dependants, don't need a car to get around, and 10K would still not even last me a year simply because my rent is $1100 a month (and that is considered really good for a 1br in my city)
$1100 for a one bedroom? That would be crazy good where I'm at even for a studio where you've got bullets flying at night. I'd blow through 10K in rent in a few months. Where the hell does OP live that they could survive 2 years? There's no way I'm even in the same country as OP.
Yeah I'm super lucky. I live in a major city in Ontario. My rent is partially controlled due to provincial laws and my building being a bit old, and I've lived in it for about 5 years.
I'm kinda trapped though since I'd probably be paying double for a unit of the same size elsewhere in the city, and even more if I wanted to get an even slightly larger place, so I have to be happy with what I've got until the housing bubble bursts. I'm not complaining though, the building is well kept and in a very dense and walkable neighborhood with lots of amenities.