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It's simple - Brooklyn just became a trendy place in the meantime. And so, of course it's overpriced. Smart people don't overpay for things - the solution is ju
by badpun 3y ago
It's simple - Brooklyn just became a trendy place in the meantime. And so, of course it's overpriced. Smart people don't overpay for things - the solution is just to live somewhere else. 99.9% of places are not trendy and thus not overpriced.
There are thousands of cities in the US, and maybe 10-20 of them are so popular that everyone wants to live there. Of course the prices in those places are going to be crazy - you have to outbid everybody else.
- dingnuts 3y ago> 99.9% of places are not trendy and thus not overpriced. IDK man I've seen rents and land prices skyrocket in places like Franklin NC. You know what's in Franklin NC? Nothing. I don't have an explanation for that, and I don't think it's limited to trendy places
- arolihas 3y agoShelter has become trendy I guess.
- spacemadness 3y agoIt’s not simple. If “smart people don’t overpay for things” I’ve got some news for you about inflation. And no, moving somewhere simply because it’s cheaper isn’t a solution that fixes everything for everyone in every situation.
- cmh89 3y agoIt depends on what you mean by 'overpriced'. Most people are talking about housing unaffordability which is not limited to trendy places. The house I rented in Kansas City Missouri in 2009 for $900 was bought by the owners in 2007 for $120k. Zillow estimates that same home would rent for $1800 a month and is valued at $269k. KCMO is not trendy or even a desirable place to live.