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The average home is also going to be in a very suboptimal location. If you compare homes and apartments in the same location, the gap grows even wider. Yes, $4
by const_cast 1y ago
The average home is also going to be in a very suboptimal location.
If you compare homes and apartments in the same location, the gap grows even wider. Yes, $4,000 a month in Manhattan is expensive.
But $4,000 might be JUST the HOA cost for buying in the same area. Never mind the 10 million dollar mortgage.
(Spoiler: fake numbers, actually do the math for your city)