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Maybe the problem is not that people can't afford an apartment (as Guy has noted there seem to be plenty available), but that they can't afford an apartment in a certain area, or in the area where they grew up, so they complain and complain and make claims that the apartments are astronomically expensive.
Guy ok I see what you mean. Question, how much would I pay for a 3 bedroom in your neck of the woods?
Quote:
Originally Posted by Rudbeckia
Maybe the problem is not that people can't afford an apartment (as Guy has noted there seem to be plenty available), but that they can't afford an apartment in a certain area, or in the area where they grew up, so they complain and complain and make claims that the apartments are astronomically expensive.
i see what you mean. It is like that every where though. Heck in S. Florida rent in "desirable" areas is dumb high. But if you move to the "hood" it is reasonable. But then there are things that come with living in those types of areas too
Guy ok I see what you mean. Question, how much would I pay for a 3 bedroom in your neck of the woods?
i see what you mean. It is like that every where though. Heck in S. Florida rent in "desirable" areas is dumb high. But if you move to the "hood" it is reasonable. But then there are things that come with living in those types of areas too
Well there is no doubt that rent stabilization is the culprit here...but the reality is that there apts in NYC are more than affordable..they are downright cheap. You gotta wonder how NYC landlords can shoulder this undue burden...how long do you think LLs can absorb the monumental costs to maintain, heat these buildings when the rents cover nothing? I think another round of burning buildings may be sooner rather than later.
How is this allowed to continue? These rents would be considered average probably in Tennessee....this is ridiculous. Affordable housing is alive and well people..don't be fooled by the hype.
Landlords generally don't maintain buildings that have a substantial number of stabilized or rent control tenants. At least that has been my experience. They usually allow the building to deteriorate to a large degree. My building for example probably hasn't seen any major renovations in the past 50 years and the paint is chipping off in the hallway, and the radiators are pretty crazy in the winter.
Maybe the problem is not that people can't afford an apartment (as Guy has noted there seem to be plenty available), but that they can't afford an apartment in a certain area, or in the area where they grew up, . . .
. . . or an apartment which isn't already inhabited by someone else.
I was reading in the AM NYC paper New York City News including Manhattan, Brooklyn, Queens, Bronx and Staten Island. Where you'll find information on Ground Zero, Central Park, Transit Alerts, Real Estate, the mafia -- amNY.com (http://www.amny.com/local - broken link) an article in yesterday's paper called " Immigrants Take on Landlords" that the median rents in NYC are as follows: (median rents are the exact numeric middle number, exactly half are higher and exactly half are lower. This is not the average.)
NYC $860
Bushwick $730
Chinatown $716
East Harlem $529
So this clearly asks the question: What is all the hype of lack of affordable housing in NYC? If half of the rents in NYC are BELOW $860....how are we lacking affordable housing? This clearly goes against all of the hype that people can no longer afford to live in this city anymore....how can this be possible when half the apts for rent in NYC rent for LESS than $860!!! And looking at the other sample neighborhoods....East Harlem's median is $529!!!! In order to see the article, you must go the website, choose "Old PDFs" then May 12, and then page 3.
Anyone else wondering what everyone is complaining about?
were the projects included in this? honestly?
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"The man who sleeps on the floor, can never fall out of bed." -Martin Lawrence
I dunno what else is there to say about the abysmally low rents in this city. I think people do complain that they are somehow getting "cheated" and "life is not fair" because they don't have the Sex and the City lifestyle on the Good Times salary. There is no sympathy here for anyone that believes rents are outrageous in this city...if you want to live in Central park west,..you are gonna pay for it...but there are numerous other areas on this city that are downright cheap for anywhere in the country..let alone NYC...but they "deserve" something that their pocket books cannot afford.
In Mott Haven, my tenants pay $1,250 for a 2 bedroom, with central heat (no old rattling, screeching radiators, and you can easily add central air), windowed bathroom, 9 or 10 foot ceilings, walk-in closet, separate dining room, and of course, the priviledge of living near me! If that is not affordable..then you really she pack up and head to a double-wide in West Virginia...Hillary Country!
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