4 ms·

OK, it all depends on what the cash flow looks like :) You're leaving out that one very important piece of the puzzle... Also, the average apartment in Manhatt

• morgante 10y ago
  > OK, it all depends on what the cash flow looks like I was making $150k/yr, which is pretty standard for a developer in NYC. > Also, the average apartment in Manhattan (if you do rent without roommates) is pretty close to your cited figure for total monthly expenses. I take it you don't live in NYC. The average is a useless metric because it's distorted by millionaires and billionaires. Just go on Craiglist and you'll find plenty of suitable apartments in the $2-3k range. Nobody I know pays more than $3k/m for their apartment. Heck, my friend just rented a beautiful luxury single-bedroom for $2.8k. In my case, I chose to go for a non-luxury apartment for $1.8k/m. This was definitely a deal, but even though it wasn't luxury there was plenty of space and I even had a back yard.
  • mr_pink 10y ago
    > I take it you don't live in NYC. I do. > Nobody I know pays more than $3k/m for their apartment. Few people I know pay under. We live in parallel dimensions I guess. > In my case, I chose to go for a non-luxury apartment for $1.8k/m. I don't know what NYC you live in, but this is non-existent AFAIK. I know someone who went all the way to Rego Park (this is really far from Manhattan) to rent a 1BR for $2.5k.