Madeline Leung Coleman
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Podcast Appearances
So I think it's important to say that you can survive here without your parents giving you that money. However, you won't necessarily be what we might call economically secure here. But we know for sure that there are many New Yorkers who live here living below the poverty line. In fact, it's almost a quarter of New Yorkers. The poverty rate in New York is about twice what it is nationally.
So I think it's important to say that you can survive here without your parents giving you that money. However, you won't necessarily be what we might call economically secure here. But we know for sure that there are many New Yorkers who live here living below the poverty line. In fact, it's almost a quarter of New Yorkers. The poverty rate in New York is about twice what it is nationally.
So I think it's important to say that you can survive here without your parents giving you that money. However, you won't necessarily be what we might call economically secure here. But we know for sure that there are many New Yorkers who live here living below the poverty line. In fact, it's almost a quarter of New Yorkers. The poverty rate in New York is about twice what it is nationally.
And that won't be a surprise to anybody who lives here. But I think it's also important to say that a lot of people are just getting by. Like, yes, they might be paying their rent. They're buying groceries. Basically, not eggs, obviously, because who can afford them? But they're buying other things. You know, a lot of people are living, but they're not making savings.
And that won't be a surprise to anybody who lives here. But I think it's also important to say that a lot of people are just getting by. Like, yes, they might be paying their rent. They're buying groceries. Basically, not eggs, obviously, because who can afford them? But they're buying other things. You know, a lot of people are living, but they're not making savings.
And that won't be a surprise to anybody who lives here. But I think it's also important to say that a lot of people are just getting by. Like, yes, they might be paying their rent. They're buying groceries. Basically, not eggs, obviously, because who can afford them? But they're buying other things. You know, a lot of people are living, but they're not making savings.
OK, like they're not they're not getting on stable footing. If they were to have some kind of health emergency, they would be in trouble.
OK, like they're not they're not getting on stable footing. If they were to have some kind of health emergency, they would be in trouble.
OK, like they're not they're not getting on stable footing. If they were to have some kind of health emergency, they would be in trouble.
You know, if something happened to their apartment, let's say they live in a basement apartment that gets flooded during one of those flash floods that happen increasingly and they don't have renter's insurance, like they've got nothing to help them deal with that kind of thing.
You know, if something happened to their apartment, let's say they live in a basement apartment that gets flooded during one of those flash floods that happen increasingly and they don't have renter's insurance, like they've got nothing to help them deal with that kind of thing.
You know, if something happened to their apartment, let's say they live in a basement apartment that gets flooded during one of those flash floods that happen increasingly and they don't have renter's insurance, like they've got nothing to help them deal with that kind of thing.
There's also plenty of New Yorkers who are living at that point and then being helped by their parents to push them over it. You know, and I think that's really what we're talking about here. Because a lot of the people who are getting help by their parents aren't living extravagantly.
There's also plenty of New Yorkers who are living at that point and then being helped by their parents to push them over it. You know, and I think that's really what we're talking about here. Because a lot of the people who are getting help by their parents aren't living extravagantly.
There's also plenty of New Yorkers who are living at that point and then being helped by their parents to push them over it. You know, and I think that's really what we're talking about here. Because a lot of the people who are getting help by their parents aren't living extravagantly.
A lot of them are living what appears to be a pretty normal life by the standards of what we previously considered to look like middle classness, right? Like they have stable housing. They have a, you know, what we might call a normal job. But for whatever reason... They just don't have the concerns of their peers.
A lot of them are living what appears to be a pretty normal life by the standards of what we previously considered to look like middle classness, right? Like they have stable housing. They have a, you know, what we might call a normal job. But for whatever reason... They just don't have the concerns of their peers.
A lot of them are living what appears to be a pretty normal life by the standards of what we previously considered to look like middle classness, right? Like they have stable housing. They have a, you know, what we might call a normal job. But for whatever reason... They just don't have the concerns of their peers.
Like they're able to take vacations, they're able to send their kids to a private school, whatever. The difference is not usually just between not having anything or living in like, you know, a luxury apartment on the Upper East Side. It's more about, are you able to live without being afraid about money day to day?
Like they're able to take vacations, they're able to send their kids to a private school, whatever. The difference is not usually just between not having anything or living in like, you know, a luxury apartment on the Upper East Side. It's more about, are you able to live without being afraid about money day to day?