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  1. Making 50K and affording 200-250? Please pass me what ever she’s smoking.

    50K= monthly take home around 2800

    225K with 20% down = 1080 monthly

    Maintenance app 500 monthly

    Utilities app 250 month (tv, internet, phone, electric etc)

    So, about 975 a month to live on. Sure, it’s possible to get by on about 200 a week if you don’t have student loans (person in article is young) credit card debt, or plan on saving anything.
    It’s this kind of advice that has gotten us into this credit crisis in the first place.

  2. Are there really decent studios in BH for $230K? Babs also forgets the maintenance on top of that.

    Agreed, I don’t think her advice is particularly good. See 8:50 above.

  3. Babs says it is hour train ride to mid-town from Clinton Hill or Kensington. She obviously has never taken the train to either. Probably has never taken the subway anywhere.

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