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Old 09-01-2017, 05:06 PM
 
Location: New York, NY
12,790 posts, read 8,295,950 times
Reputation: 7107

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No wonder no one on here is complaining. Most have stabilized apartments!! So far see very *few* people on here paying *market rate* rents. Those people have no right to complain about housing lotteries when they are benefitting from rent stabilized or rent controlled apartments.
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Old 09-01-2017, 05:16 PM
 
Location: Somewhere that cost too much
444 posts, read 387,753 times
Reputation: 294
Quote:
Originally Posted by pierrepont7731 View Post
No wonder no one on here is complaining. Most have stabilized apartments!! So far see very *few* people on here paying *market rate* rents. Those people have no right to complain about housing lotteries when they are benefitting from rent stabilized or rent controlled apartments.
From what I have seen lately the lotteries aren't offering better than the *market rate* rents depending on your income and location of lottery.
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Old 09-01-2017, 05:41 PM
 
3,699 posts, read 3,856,899 times
Reputation: 2614
quote:
No wonder no one on here is complaining. Most have stabilized apartments!!

Ive noticed this forum is a mecca for poor people. So perhaps you should think about mister moneybags? You're snobby in every thread you post in. I've noticed most people here are struggling.
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Old 09-01-2017, 05:52 PM
 
Location: New York, NY
6,690 posts, read 6,035,107 times
Reputation: 5970
Quote:
Originally Posted by Aquarius37 View Post
quote:
$1300 - rent stabilized one and a half bedrooms - Inwood, Manhattan - west side.

Oh Hi, would you like a dude and his dog to rent that half bedroom so we can establish residency while you find your dream lotto apartment
Special price for you: I'll think about it
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Old 09-01-2017, 06:05 PM
 
3,699 posts, read 3,856,899 times
Reputation: 2614
Score!
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Old 09-01-2017, 06:25 PM
 
2,440 posts, read 6,260,849 times
Reputation: 3076
Lot's of life's LOSERS are living in Manhattan rent stabilized apartments. I'm talking about people over 65, but mostly over 70.

They had the opportunity to buy as insiders something like a 2-bedroom apartment on the Upper West Side for maybe 75K in the late 70's or even early 80's. But they decided they preferred rent stabilization. Today those apartments could be worth $1.5 million.

How would you feel if you were living in Unit 4D in an unrenovated rent stabilized apartment with the cheapest fridge and stove (the sponsor chooses the appliances, not you) for the last 40 years, while your neighbor in 5D, who purchased the apartment in 1979, has a gorgeous modern apartment that he/she renovated and is worth $1.5M? And likely with no mortgage.

And your rent in 4D is not that much lower that the monthly maintenance the coop owner in 5D pays.

Has to kill you. And there are thousands of people like this who are stuck in their rent stabilized apartment, who think about their blown opportunity everyday.
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Old 09-01-2017, 06:27 PM
 
2,440 posts, read 6,260,849 times
Reputation: 3076
Quote:
Originally Posted by stormgal View Post
$1300 - rent stabilized one and a half bedrooms - Inwood, Manhattan - west side.
What is the market rent for that apartment?

Also, do you feel trapped? In other words, you are getting such a good deal you can't leave, even if you really want to leave.
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Old 09-01-2017, 06:29 PM
 
Location: Lower East Side, NYC
2,970 posts, read 2,617,580 times
Reputation: 2371
Rent stabilized studio in the Lower East Side for $1600
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Old 09-01-2017, 06:30 PM
 
Location: New Jersey!!!!
19,054 posts, read 13,968,817 times
Reputation: 21534
Get a mortgage, you'll be stabilized for life and building equity.
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Old 09-01-2017, 06:52 PM
 
3,699 posts, read 3,856,899 times
Reputation: 2614
quote:
Lot's of life's LOSERS are living in Manhattan rent stabilized apartments. I'm talking about people over 65, but mostly over 70.


Wow. Newsflash: we ALL grow old!
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