Half Of New Yorkers Are Paying Rent They Can't Afford

  • WhoDey

    Posts: 561

    Mar 12, 2014 5:04 AM GMT
    http://www.businessinsider.com/half-of-new-yorkers-are-paying-rent-they-cant-afford-2014-3
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    Mar 12, 2014 5:26 AM GMT
    at least LA or SF people can get room mates because you can find 3-4 bedroom apartments or homes with 1,000 + sq ft to share in the rent, which a lot of young people, new people into socal or low income families do, in NY, there is no room for sharing, under 400 sq ft in a lot of these rentals, a single person has to have a six figure income to live or rent on their own

    horrible, I like a big city, but I could not live there, I like cars too much icon_mad.gif
  • WhoDey

    Posts: 561

    Mar 12, 2014 12:25 PM GMT
    bump
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    Mar 12, 2014 3:56 PM GMT
    as interest rates climb vacancy rates are held low because no one is out there putting up anything new.