3 ms·
Different? yes. To match the growth expansion of prices? Absolutely not. An apartment not even within main cities or rather 2nd or 3rd tier cities will still
by oyashirochama 5y ago
Different? yes.
To match the growth expansion of prices? Absolutely not.
An apartment not even within main cities or rather 2nd or 3rd tier cities will still cost 300-500k USD, is made of questionable design and safety, isn't much more than a concrete box, and you don't even full own the land but rent it from the builders who actually purchased the right from the CCP for 70 years.
- em-bee 5y agoin the third tier city where i am right now, high quality apartments go for 200kUSD or less. i don't know about those of questionable design and safety but i can't imagine that they go for anything but less than half that.
- thehappypm 5y agoAgreed this is a huge exaggeration. You can buy a studio in midtown Manhattan for $300k or a 2 bedroom in Boston for $500k.
- bally0241 5y agoA 2 bedroom in Boston for $500k, where are you shopping, Dorchester?
- thehappypm 5y agoJP and Brighton, nice parts of town.
- AceyMan 5y agoI don't know those markets much but, prima facie, those numbers seem like hooey. Citations definitely needed.
- thehappypm 5y agoZillow it yourself. $300k is the going rate for a studio near the UN in Midtown. $500k goes far just outside the downtown core of Boston in places like Brighton or Jamaica Plain or Dorchester.
- drnonsense42 5y agoFrankly, you’re the one exaggerating. The above poster is discussing “high quality” apartments. 300k will get you 250 sqft or freshly plastered bullet holes.
- thehappypm 5y agoHonestly, why comment if you don’t know what you’re talking about? Two seconds on Zillow you can see tons of properties for $300k that are neither 250sf or plastered with bullet holes. One of many examples: https://www.zillow.com/homedetails/205-E-63rd-St-APT-10H-New-York-NY-10065/72528520_zpid/ https://www.zillow.com/homedetails/205-E-63rd-St-APT-10H-New...
- reducesuffering 5y agoA $2k/mth HoA??
- thehappypm 5y agoThat usually includes taxes and utilities in New York.
- ahtihn 5y agoThat sounds incredibly high for a place worth 300k. I'm thinking it's only 300k because of that 2k/month on top.
- drnonsense42 5y agoEverything else aside, you’re claiming you know what you talk about when you make a post about midtown and send a link to UES? I don’t think you know the city at all
- thehappypm 5y agoK