3 ms·

> Americans simply want a lot more space. Americans will pay the most for the smallest spaces, such as in NY.

• bluGill 3y ago
  Where you live is a compromise. Location has always been a big factor. If you need to live in NY then you need to pay NY rents. If you can move to New Jersey then your prices go down - by you have a longer commute. Different people come up with different answers to this compromise. Imagine you went to those people paying high rent for a small place and moved them to a small town in Montana, keeping the same pay. The cost of living makes it possible to own a large house in town near everything there is to do, so would they continue to live in a small space anyway?
  • wolverine876 3y ago
    That misstates the issue in two ways: > If you need to live in NY ... If you can move to New Jersey ... That assumes people live in NY because they must, and move to NJ if they can. IME, it's usually quite the opposite! But of course many do prefer - well, they'd prefer Westchester. :) > The cost of living makes it possible to own a large house in town near everything there is to do, so would they continue to live in a small space anyway? That's true anywhere, including midtown Manhatten. If someone could afford a nice ranch house with a yard there, they'd buy it! :)
    • bluGill 3y ago
      > including midtown Manhatten. If someone could afford a nice ranch house with a yard there, they'd buy it! :) That is the point: people are living in small places in NY not because they prefer small places, but because overall that is the best compromise for their current life situation. Change something about your life situation and the best compromise changes.
      • wolverine876 3y ago
        > people are living in small places in NY not because they prefer small places Right, who said otherwise?