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Showing Original Post only (View all)Wow, the rent really is too damn high in NYC [View all]
Average $3,459
http://www.nytimes.com/2012/08/19/realestate/rent-or-buy.html?hp
"Joan Riegel, a 69-year-old educator, started looking to buy earlier this year, when the rent on her 1,000-square-foot Upper West Side rental climbed past $5,000 a month an increase of 25 percent. This month she moved into a $675,000 co-op in the Gramercy Park area, trimming her monthly housing cost nearly in half, to about $2,600 a month including maintenance. While her new apartment is smaller, she said, Im going to have so much more money.
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Rent is one of the biggest drags on economic recovery but no one talks about it because the
nanabugg
Aug 2012
#33
A short while ago, there were those arguing that $100,000 a year is too much to be middle-class.
leveymg
Aug 2012
#2
Seriously, it is. I live here. Although mine isn't nearly that high, MANY people's are.
JaneyVee
Aug 2012
#4
That's the size of my hallway, hall closet, and bathroom (in my 700 sf 1-BR).
kestrel91316
Aug 2012
#11
Its Tompkins Square Park, we had a pretty good riot there with the NYPD in 1988
winstars
Aug 2012
#57
That co-op mortgage has to include a $200,000 - $250000 down payment for that monthly
aikoaiko
Aug 2012
#13
Choosing to live in New York is just one of lifes little intelligence tests
Sen. Walter Sobchak
Aug 2012
#15
NYC is big... and this is why most intelligent people have avoided manhattan for 20 years
CabCurious
Aug 2012
#41
My brother and his girlfriend pay like $2400 a month for a very small apartment in Central Park area
Initech
Aug 2012
#21
Hoboken is just as expensive as Manhattan now. The Jersey City waterfront is slightly cheaper, but
smokey nj
Aug 2012
#43
Sadly, living in New York doesn't automatically mean living in Manhattan...
brooklynite
Aug 2012
#48