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hearing $1300 and $600 in terms of rental money and living in NYC I cant help but ask what neighborhoods is that rent available? Back in the late 90's friends w
by MisterTea 5y ago
hearing $1300 and $600 in terms of rental money and living in NYC I cant help but ask what neighborhoods is that rent available? Back in the late 90's friends who were moving out at 17-18 Yo were having a hard time finding local places for $500 in the boonies of Queens.
I own some property and have a large 2nd floor 3BR that can fetch $2500 and its in a shitty neighborhood where someone was shot around the corner the other day. Most 2BR apartments are 1800 and up with 1BR apartments starting at 1300+. People living in Manhattan shoe boxes are paying ~2000+ for 1BR.
- valarauko 5y agoParent comment says LA, so perhaps its possible there?
- 999900000999 5y agoIt definitely was. And LA was affordable up until 10 years ago, then things got rapidly worse.
- valarauko 5y agoWhat changed? NYC has been pretty unaffordable for a very long time - what changed in LA?
- 999900000999 5y agoThe rent sky rocketed. If you want to see what happens when you ignore basic economics and focus on feel good solutions, come on down. Instead of making it easier to build housing，the local government effectively floods the market with housing vouchers. If you give out a 1200$ housing vouchers, a unit which would only be 800$ on the free market is all of a sudden 1200$ since that's the voucher's max. I really do miss the LA of my youth, but it's gone now.
- MisterTea 5y agoLA is a big city just like NYC. You can get apartments for under $1000 but they're usually illegal basement conversions in a crime ridden dump or a modest 1BR split into two shoe box studios in or near said crime ridden dumps.