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>* If I want to share a smallish apartment, I'll pay $400/month in Lehi, or $3.2k/month in NYC. That's not even remotely realistic. $3,200/mo in NYC will get y
by aphextron 9y ago
>* If I want to share a smallish apartment, I'll pay $400/month in Lehi, or $3.2k/month in NYC.
That's not even remotely realistic. $3,200/mo in NYC will get you a luxury 1bd in Manhattan. $1500 is more like it for a small studio or roommate situation.
- paulddraper 9y ago(1) NYC has rent controls but not property value controls, so that does throw things off. (2) Perhaps I should have done the numbers with 4x. The idea is the same.