When is the Optimal Age to Start Collecting Social Security?

[mathjak107]

Originally Posted by Perryinva

$1700/mo is a real steal for a nice place in a nice part of Queens. My neice had been looking for an apt in decent parts of Brooklyn and 1 bedroom railroad apts in split up homes 3 -4 blocks from a stop are that much.

the only problem with our area is there is no subway . you have to take the long island rail road to manhattan which is expensive or take the bus which i did once and will never do again . if you work in the city it can be a costly trip monthly on the LIRR . the LIRR where we are does not go east either to the hamptons or montauk .

it is a different run on the line not easily accessed .

[FREE866]

Originally Posted by mathjak107

it sure can be that high , but we don't live in manhattan . we live in a nice part of queens . our rents are rent stabilized . at 20k a year they are a steal where we are .

half of all housing in nyc or the boroughs falls under being stabilized . that does not mean rents are cheap . your rent just depends on how long you have been in the apartment and whether you were there for the days when rents were used to win votes decades ago . my wife is here 35 years .

market rate is about 30k a year for our apartment at this point . on the other hand our tenants in the apartments we own in manhattan are at almost 1/2 market rate since values have shot up so much and they are original tenants since before the co-op conversion so they remain stabilized .

We live in rent stabilized apt in midtown Manhattan...same apt since 1994..I'm very grateful....

[mathjak107]

while rent increases up to last year were very real world there are still quite a few benefits to being stabilized . that is why we are still on the fence as far as buying a co-op next year .

basically whether we live here or there is transparent to our lifestyle .