New York City closes out 2020 as second-highest rental market in the nation (Ovid: transplants)
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Even though there were massive drops in rental prices throughout the course of 2020, New York City remained one of the nation’s most expensive markets.
Zumper recently released their monthly rental report for December 2020. According to their findings, throughout the final month of 2020 the national one-bedroom median rent remained flat at $1,224 last month, while the two-bedrooms increased by 0.3% to $1,491.
Like in months past, New York City remained the second most expensive rental market in the country, following San Francisco.
What can I say... there's a sucker born every minute. I remember how dumb I was as a teenager, and kick myself every day for that. I had several chances to move out of here, and I didn't take them. I'm sure there are thousands more like idiot young me, moving here of their own free will only to regret it later. At least most of them can move out again. Good for them.
What can I say... there's a sucker born every minute. I remember how dumb I was as a teenager, and kick myself every day for that. I had several chances to move out of here, and I didn't take them. I'm sure there are thousands more like idiot young me, moving here of their own free will only to regret it later. At least most of them can move out again. Good for them.
Response: Opinion
Never say never.
Some places in the South still offer comfortable 1 bedrooms for $600 to $800 per month..........
Never say never.
Some places in the South still offer comfortable 1 bedrooms for $600 to $800 per month..........
It's not about the money I could leave tomorrow. Probably could keep my job, if I stay on the East Coast - I think my boss would actually be happy if I moved closer to Philly, they're short of people there. Except I can't convince family to leave. I told them that I'm sick of living here and will be gone by 2024 with or without them... but this was before COVID. I guess that changes everything. Wouldn't be nice to leave them here to deal with the crappy schools and higher taxes and more expensive everything while I enjoy life somewhere else.
It's not about the money I could leave tomorrow. Probably could keep my job, if I stay on the East Coast - I think my boss would actually be happy if I moved closer to Philly, they're short of people there. Except I can't convince family to leave. I told them that I'm sick of living here and will be gone by 2024 with or without them... but this was before COVID. I guess that changes everything. Wouldn't be nice to leave them here to deal with the crappy schools and higher taxes and more expensive everything while I enjoy life somewhere else.
Philly is not too far away. I am not sure about your family situation but if you can rent a place in/near Philly and make the move, I am sure you're family will see the lower cost of living/high Quality of life and might be convinced to move with you? Just a thought..
Don't dispair, you have more options than you think, its all about making that first move.
Returning to the topic at hand -- we'll see how low rents may go and when that starts showing up in the data. If NYC based employers continue with remote work post COVID, it'll be much more difficult to get people to move out to NYC for employment opportunities.
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I could leave tomorrow. Probably could keep my job, if I stay on the East Coast - I think my boss would actually be happy if I moved closer to Philly, they're short of people there. Except I can't convince family to leave. I told them that I'm sick of living here and will be gone by 2024 with or without them... but this was before COVID. I guess that changes everything. Wouldn't be nice to leave them here to deal with the crappy schools and higher taxes and more expensive everything while I enjoy life somewhere else.
