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Old 10-09-2015, 02:54 PM
 
1,232 posts, read 1,367,581 times
Reputation: 2160

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Rents are going up everywhere because the 2008 crisis and tighter lending limits pushed buyers out of the housing market. I also think higher student loan lending loads are preventing millennials from getting mortgages. The key to avoid rising rents is to buy. If you can't afford to buy in NYC, move to a cheaper city. You can still buy a house for under 100K in a decent neighborhood in Pittsburgh, for instance. Pittsburgh isn't as sexy as NYC, but you won't have to sit in your studio when you are 45 eating rice and beans.

Last edited by ny789987; 10-09-2015 at 03:04 PM..
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Old 10-09-2015, 03:41 PM
 
Location: Scottsdale az
438 posts, read 435,892 times
Reputation: 357
Landlords will hike rents by 8% this year

Landlords will hike rents by 8% this year - MarketWatch
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Old 10-11-2015, 09:41 PM
 
Location: Queens, NY
436 posts, read 413,678 times
Reputation: 210
Quote:
Originally Posted by NyWriterdude View Post
Disproportionately the people leaving the city are idiots who insist on living in the most expensive neighborhoods.

Hells Kitchen/Midtown West, Dumbo, Tribeca?

There's South Brooklyn, there's Queens away from Western Queens, there's Staten Island (Gasp?), upper Manhattan, and the Bronx. There's also moving across the river to Jersey. I have no sympathy for people who wine about not being able to instantly get a fabulous place in NYC's most expensive neighborhoods.

How about if I don't want to spend a year and a half getting to my job? Or what if my neighborhood is an economic wasteland lacking certain types of businesses (e.g. gyms)?
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Old 10-11-2015, 09:48 PM
 
11,493 posts, read 5,654,309 times
Reputation: 5950
Quote:
Originally Posted by Glacier Azure View Post
How about if I don't want to spend a year and a half getting to my job? Or what if my neighborhood is an economic wasteland lacking certain types of businesses (e.g. gyms)?
such entitlement
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Old 10-11-2015, 11:03 PM
 
Location: Brooklyn, New York
3,282 posts, read 3,511,441 times
Reputation: 2897
Quote:
Originally Posted by Glacier Azure View Post
How about if I don't want to spend a year and a half getting to my job? Or what if my neighborhood is an economic wasteland lacking certain types of businesses (e.g. gyms)?
There are gyms in south brooklyn.... Just pick a neighborhood with one.
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Old 10-11-2015, 11:26 PM
 
10,683 posts, read 20,853,270 times
Reputation: 8222
Quote:
Originally Posted by Glacier Azure View Post
How about if I don't want to spend a year and a half getting to my job? Or what if my neighborhood is an economic wasteland lacking certain types of businesses (e.g. gyms)?
Go to the gym after work in Manhattan.

Don't choose a neighborhood where it takes a year and a half to commute to your job. I would say 45 minutes is reasonable, if the job is in Midtown. You can live in many neighborhoods in Queens and have a 45 minute commute to Midtown.

If you don't like the 45 minute commute, then find a job where you earn more money and you can live walking distance to your job.

There, I just addressed all your complaints and solved your problems.
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Old 10-12-2015, 07:03 AM
 
Location: Queens, NY
436 posts, read 413,678 times
Reputation: 210
The point clearly went over your heads. I was addressing the shallowness of his post specifically. I'm well aware that there are neighborhoods outside of Manhattan that have things and are within reasonable commute of the heart of the city. In any case, a person with a modest income is better off in another city anyway. There's more to life than working and commuting.
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Old 10-12-2015, 07:08 AM
 
4,929 posts, read 5,568,321 times
Reputation: 7156
So long as these filthy transplants are willing to cram themselves amongst 3-4 other roommates into a tiny apt and pay $3,000+ per month rent, these prices are here to stay. I dont blame the landlords. If people are tripping over themselves to pay these amounts, who am I to say no?

I have a co-worker who moved here from Iowa. She lives in the Williamsburg/Greenpoint area. There's 4 roommates in total sharing a 3br apt. One girl takes the living room. I just shook my head when she told me that they each pay $1,000/month. Crazy part is, she feels as if she has a deal because she lives just a few blocks from the L train. SMH!
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Old 10-12-2015, 07:40 AM
 
10,030 posts, read 7,784,905 times
Reputation: 4734
Quote:
Originally Posted by Glacier Azure View Post
The point clearly went over your heads. I was addressing the shallowness of his post specifically. I'm well aware that there are neighborhoods outside of Manhattan that have things and are within reasonable commute of the heart of the city. In any case, a person with a modest income is better off in another city anyway. There's more to life than working and commuting.
You should take your own advise. It would be of great service to those that don't mind or prefer living here.
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Old 10-12-2015, 09:37 AM
 
10,683 posts, read 20,853,270 times
Reputation: 8222
Quote:
Originally Posted by Glacier Azure View Post
The point clearly went over your heads.
Then you need to figure out a way to communicate more clearly.
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