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There's no doubt that the commute is hellish, but the people who can afford to buy housing in Manhattan are not working 10+ hour days. The IBD analysts and asso
by michaelochurch 14y ago
There's no doubt that the commute is hellish, but the people who can afford to buy housing in Manhattan are not working 10+ hour days. The IBD analysts and associates are bidding up rents, for sure, but price-rent ratios are ridiculous (35+ years) and they have no part in that.
The solution to expensive Manhattan real estate is better mass transit.
That would be a huge win.