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re: This 23-yr old has $11K in student debt, but still lives comfortably on $50K salary in NYC

Posted on 11/16/21 at 12:01 am to
Posted by ned nederlander
Member since Dec 2012
6187 posts
Posted on 11/16/21 at 12:01 am to
The father didn’t gift the son a NYC condo and $500,000. He gifted his son a limitless supply of pu$$y. And NYC may have the highest concentration of quality stuff on the planet.
Posted by USMCguy121
Northshore
Member since Aug 2021
6332 posts
Posted on 11/16/21 at 12:39 am to
elite overproduction - a cause of western unrest

Also
quote:

500k gift

quote:

Still didn't pay his loans


he's not gonna make it.
Posted by WinnPtiger
Fort Worth
Member since Mar 2011
25180 posts
Posted on 11/16/21 at 1:18 am to
I bet his last name ends in Baum
Posted by Vlatket
Member since Oct 2016
7475 posts
Posted on 11/16/21 at 2:04 am to
Lmao, Arts History degree. The idiot father of his should have just told him to not bother pursuing the degree and just given him the condo and cash.
Posted by Mo Jeaux
Member since Aug 2008
65215 posts
Posted on 11/16/21 at 3:53 am to
quote:

Lmao, Arts History degree. The idiot father of his should have just told him to not bother pursuing the degree and just given him the condo and cash.


Nothing wrong with the degree per se. The choice to go into publishing is the stupid choice.
Posted by jivy26
Member since Nov 2008
2872 posts
Posted on 11/16/21 at 4:24 am to
(no message)
This post was edited on 11/7/22 at 7:04 am
Posted by sicboy
Because Awesome
Member since Nov 2010
79860 posts
Posted on 11/16/21 at 4:33 am to
quote:

I don’t think he posted this out of jealousy. It’s to point out how ridiculous the headline is in comparison to actual facts.


My word, I can't believe how many people are actually analyzing this.
Posted by LSUtoBOOT
Member since Aug 2012
21633 posts
Posted on 11/16/21 at 4:48 am to
If it costs $4.5 million to get your kid out of the basement, then we are all dying broke.
Posted by Sus-Scrofa
Member since Feb 2013
11593 posts
Posted on 11/16/21 at 4:49 am to
If dad paid 4m for a condo and put 500k in a bank account, a guarantee that just scratches the surface of what dad pays for.

That kid has likely never seen a car payment, car insurance payment, or phone bill in his life.
Posted by hobotiger
Asbury Park, NJ
Member since Nov 2007
5447 posts
Posted on 11/16/21 at 4:54 am to
quote:

what are the property taxes on that condo? I bet that alone eats up most of his salary


Dad has to be paying that, taxes are close to 80 grand if not more
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
142351 posts
Posted on 11/16/21 at 5:12 am to
That's a CNN headline if I've ever seen one.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
96539 posts
Posted on 11/16/21 at 5:17 am to
quote:

There is a HUGE lifetime exemption on gift taxes.


Yeah, it's in the millions. I bet the condo is owned by a trust, though.
Posted by The Torch
DFW The Dub
Member since Aug 2014
31055 posts
Posted on 11/16/21 at 5:25 am to
No doubt Jim's dad is making up for never being at home when Jim was a child.

Pops was out banging hookers and partying while the mom thought he worked 20 hours a day

Jim is a liberal whinny little bitch who will never amount to anything other than what "daddy" gives him.

The best part of Jim ran down the crack of his mom's arse
Posted by NIH
Member since Aug 2008
125953 posts
Posted on 11/16/21 at 5:42 am to
You’re mad because you would have to address Jim as “sir”
Posted by Mo Jeaux
Member since Aug 2008
65215 posts
Posted on 11/16/21 at 5:44 am to
Posted by themunch
in motion
Member since Jan 2007
73019 posts
Posted on 11/16/21 at 5:50 am to
quote:

Father thought it was teaching his son to pay for his own education and being responsible in paying it back by fronting half a mil.


This is good and Trump's dad was bad.
This post was edited on 11/16/21 at 5:52 am
Posted by GreatLakesTiger24
Member since May 2012
62051 posts
Posted on 11/16/21 at 6:05 am to
This site is so dumb now

Clearly this is a joke//satire
Posted by Will Cover
Davidson, NC
Member since Mar 2007
40447 posts
Posted on 11/16/21 at 6:12 am to
Jim has a worthless degree. And he's in debt.

If it weren't for the generosity of his father, Jim would not be living in a $4m condo in Tribeca.

Posted by Y.A. Tittle
Member since Sep 2003
111959 posts
Posted on 11/16/21 at 6:12 am to
My biggest question here is, where did a kid who’s father is an investment banker and who got a publishing job in New York, go to college (for which he now has to “pay his own debt”) and only incur $11,000 in debt for his college costs?
Posted by Y.A. Tittle
Member since Sep 2003
111959 posts
Posted on 11/16/21 at 6:14 am to
quote:

This site is so dumb now

Clearly this is a joke//satire



Certainly. I don’t even really get what it’s getting at as that, though.

What’s it satarizing?
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