Expensive, maybe, but upscale? Nope.
I think it’s pretty obvious that Nick is abusing both alcohol and a few narcotics (probably poppers is one).
Warski thinks Nick is snorting something. The Steeltoe fag will probably allude to something as time goes on.
I don't think poppers are classified as narcotics...?
it would have to be much more than that to afford the house
you don't get to save/invest 100% of your income, you first have to pay your monthly expenses, which in his case are pretty big due to wife and kids
650k/3 years would be $216k/year, which, if you have the 20% down payment and a great credit score, at 7 percent you should be able to be approved for about an $780k house (based on max of 28% to mortgage). Of course, you'd likely be living on beans and rice with 5 kids (as you said, though spaghettios are cheap, and when you don't buy stupid cars, plastic surgery, drugs, expensive alcohol, bad art, a nanny or nannies because you don't need one because you barely fucking work, it's a lighter load), but technically. At a 520k mortgage (650k - $130k downpayment) at 7%, you could make as little as $148k (without significant debt) and get approved for the loan. Kids don't need food, really.
None of it matters, though, because if he made $30k/year (or much more than that in total over 3 years) as a lawyer I'd be surprised.
Tl; dr: Nick in no way bought a home, much less two, on his earnings as a lawyer.
Or as a personal banker. A personal banker at Wells Fargo makes, in 2024, an average of $
43k. I'd imagine it was somewhat less in 2006. And that's average, not FOB.
Or as an
Advanced Brokerage Services Rep, which was his stated role at Thrivent. Which by the way, requires a high school degree and 1-2 years related experience. He had 13 months at Wells, whew. Interesting, though, is that at least in 2022, at least some of these positions had a requirement:
- FINRA Series 7 and 63/65, or 66 required or obtained within 90 days of hire.
Has he ever mentioned having his Series 7? I found another old listing that did not have this req, so maybe there are multiple flavors of the same role.
What a joke.
Maybe he pays the trust a token monthly to make him feel like he's doing something. Doubt, but gradual empowerment is a common way for a parent to try to get an immature, irresponsible, underachieving, and un-self-reliant child to move toward functionality.