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This is still “median rent” not “the lowest rent you can find.” You can live in a prime location in Manhattan for about $1000 a month if you’re willing to live
by dangus 3y ago
This is still “median rent” not “the lowest rent you can find.”
You can live in a prime location in Manhattan for about $1000 a month if you’re willing to live in a single room apartment with a shared bathroom and a kitchen that consists of a sink, mini fridge, and microwave.
There’s also the reality that people get roommates or otherwise share the cost of rent.
And you also don’t have to be in prime Manhattan to have a reasonable commuting distance. If you take the subway from The Bronx to Penn Station you can do it in 40 minutes. NYC also has the country’s best commuter rail situation meaning that a whole bunch of people take commuter rail from suburban locations like New Jersey and Long Island.
- badpun 3y ago> You can live in a prime location in Manhattan for about $1000 a month if you’re willing to live in a single room apartment with a shared bathroom and a kitchen that consists of a sink, mini fridge, and microwave Is this an apartment, or just a room with a locked door?
- dangus 3y agoIt’s definitely not glamorous or anything. I recommend the YouTube channel “Cash Jordan” if you’d like to check out various NYC real estate at all sorts of price points (along with some vlog-ish content).
- yowzadave 3y agoI live in NYC, and I think this is a weak argument, because these coping mechanisms are not viable for people with families. NYC has the long-standing problem where people can scrape by if they are a single person with a good job and no dependencies, but as soon as that person wants to form a family, their options are to be very rich, or to move out of the city. In my case we moved to Queens, which we like well enough, but even here the Rent Is Too Damn High. It's not good for the health of a city to be continually pushing out all but the richest families.
- onlyrealcuzzo 3y agoI also don't understand why everyone in NYC insists on comparing apples to oranges. If median rent basically everywhere else in the US outside of a select few neighborhoods gets you at least a decent sized one-bedroom apartment - then comparing it to a 200 sqft room you share with another person without a kitchen or a bathroom is strange. I don't need a lot to be happy - but I think I want at least 600 sqft with a decent floor plan, good natural light, my own bathroom and kitchen, and a tiny outdoor space big enough to sit a couple people comfortably. That's A LOT of money in Manhattan - probably more than ~$4400 on average. It's not a lot of money almost everywhere in the world.