4 ms·
According to Zillow they start at about a million for 2/1 apartments and go up from there. We have completely different definitions for affordable, unless $250
by deltarholamda 1y ago
According to Zillow they start at about a million for 2/1 apartments and go up from there.
We have completely different definitions for affordable, unless $250K+/yr jobs are just falling out of the sky.
- sombrero_john 1y agoRenting is perfectly fine. NYC has the strongest tenant protection laws in the country.
- kortilla 1y agoRenting has to support the mortgage on that. The only difference between being able to afford a house and affording rent is having the capital for a down payment
- rafram 1y agoThat’s not really true. Renting is significantly more affordable than buying in NYC right now. I don’t know the exact reasons, but presumably most landlords bought a long time ago and refinanced when rates were low.