What's With The Rent Prices?

[Ihatethemedia]

On minimum wage there's no way you can rent an apartment by yourself, either get some roomies, or look to rent a room in a shared house.

[Oldandtireddad]

Rent is going down down down.
Your LI real estate just took a permanent 50% haircut.

[ShouldIMoveOrStayPut...?]

Originally Posted by Oldandtireddad

Rent is going down down down.
Your LI real estate just took a permanent 50% haircut.

With your recent threads and posts, one might get the impression your'e the type that feeds on/promotes/encourages misery, bad times, etc.

[BPt111]

What average rents in Long Island undesirable and desirable areas ?

[Now Justice 81]

yeah, you could always find a roommate, that beats being on the struggle bus..

[mowmylawn]

Originally Posted by monstermagnet

No it wasn't. That's a complete fantasy. Unless it was a share with a bunch of people splitting the rent, there was no studio or 1 bd that could be had on a min wage job. Maybe 40+ years ago. Or hitting the rent control lottery, which isn't happening to any 18 yr olds. Even NYC is losing rentals to coop and condos exclusively.

But it was 40 years ago. I still remember going to look at a hole in the wall apartment on Thompson Street in the village in 1986. Your bathroom sink was your kitchen sink and the kitchen table was a door that you put over the dual-function sink. Luckily, this apartment had it's own bathroom, which was little more than a closet with a shower. Rent on this unit was $700/mo. I got there at 11 AM on a beautiful Sunday afternoon. The line of prospective renters stretched down the block and around to w. 4th street. Ah, the golden days of my youth.