3 ms·

The $150K number for a family of 4 sounds about right, but $100K for one person in NYC seems pretty far off. I have a lot of friends living in desirable neighbo

The $150K number for a family of 4 sounds about right, but $100K for one person in NYC seems pretty far off. I have a lot of friends living in desirable neighborhoods making half that. (The disconnect here is always around expectations: it will invariably be revealed that this includes a 1/2BR with no roommates within walking distance of the person’s workplace, when in reality much of this city has roommates and uses mass transit. Law enforcement are mere mortals like the rest of us; they can stoop to taking the subway to work.)

airstrike 3y ago
I don't think it's unfair to expect adults to be able to afford a 1 bedroom with no roommates
- gurumeditations 3y ago
  New American dream is a grown adult living with roommates like a child, and dying in a small box connected to a thousand other boxes that you’ll never even own.
- woodruffw 3y ago
  I don’t disagree, but it’s not really about fair: it’s about what the expected standard of living is in NYC. NYC is historically a city of renters and roommates, and that is reflected in the split view between average “asking” rents ($3500) and actual rents ($~1700)[1]. This isn’t to say the city can’t or shouldn’t be more affordable. But the idea that everybody gets their own 1BR at average US rental prices is not immediately compatible with the city’s housing stock (or troubling trends, like dedensification). [1]: https://comptroller.nyc.gov/reports/spotlight-new-york-citys-rental-housing-market/ https://comptroller.nyc.gov/reports/spotlight-new-york-citys...
  - airstrike 3y ago
    In hindsight I really meant "unreasonable" more than "unfair"
- i_like_waiting 3y ago
  For big cities I disagree, was it ever standard for single people to be able to afford 1 bedroom? People were able to afford places, but being single for majority of adult life is semi-new trend. Especially in very dense cities.
- HDThoreaun 3y ago
  I do. At least if you want to live in the popular areas, New Yorkers who make 73k can choose to live in a 1 bd in a cheaper area if they prefer.

airstrike 3y ago

I don't think it's unfair to expect adults to be able to afford a 1 bedroom with no roommates

gurumeditations 3y ago
New American dream is a grown adult living with roommates like a child, and dying in a small box connected to a thousand other boxes that you’ll never even own.
woodruffw 3y ago
I don’t disagree, but it’s not really about fair: it’s about what the expected standard of living is in NYC. NYC is historically a city of renters and roommates, and that is reflected in the split view between average “asking” rents ($3500) and actual rents ($~1700)[1]. This isn’t to say the city can’t or shouldn’t be more affordable. But the idea that everybody gets their own 1BR at average US rental prices is not immediately compatible with the city’s housing stock (or troubling trends, like dedensification). [1]: https://comptroller.nyc.gov/reports/spotlight-new-york-citys-rental-housing-market/ https://comptroller.nyc.gov/reports/spotlight-new-york-citys...
- airstrike 3y ago
  In hindsight I really meant "unreasonable" more than "unfair"
i_like_waiting 3y ago
For big cities I disagree, was it ever standard for single people to be able to afford 1 bedroom? People were able to afford places, but being single for majority of adult life is semi-new trend. Especially in very dense cities.
HDThoreaun 3y ago
I do. At least if you want to live in the popular areas, New Yorkers who make 73k can choose to live in a 1 bd in a cheaper area if they prefer.