[Paladin2]

If paid enough I could “live” in NYC (as my legal address), but it would take many, many dineros.

[scouter]

And there’s no God-given right to live in the United States of America.

[freedomfiter2]

I’m not sure it’s accurate to refer to residing in NYC as living.

[blueunicorn6]

People pay $7,200 a month in rent for a two bedroom apartment in New York City. I’m assuming that’s with no yard or garage.
Yet, people can afford to pay this.
If you go by the old rule of “Don’t spend more than 20% of your take home pay on housing costs”, then a couple in New York City earn $35,000 a month? Wow. Invest in those Star Trek transporters. Think of the house you could buy in Nebraska on $35,000 a month. And you just “beam” to and from work.

[Grampa Dave]

This is the problem in many west coast cities/urban area.

People want to live in great areas and have zero funds or jobs to enable that pipe dream.

Yet each city or area like the Bay Area tries force “Affordable housing” on the local tax payers to bring in those without funds or jobs to afford the housing. If and when they get the unaffordable housing, they want an increase in their welfare or their minimum wage salaries/jobs to enjoy the life style.

[matt04]

Well, when crime gets bad enough as he stops all the effective policies of the NYPD, rent will go down as people flee. Problem solved.

[Steve_Seattle]

There is a new trend towards building "micro-apartments," apartments which combine a mini-kitchen, bedroom, closet, and (sometimes) a tiny bathroom into one bedroom-sized unit between 120 and 200 square feet. They have built about 2,000 of these units in Seattle and they are apparently popular as a cheap alternative to more traditional apartment units. Although my source says the units typically rent for $500-$750, the only SPECIFIC example given was of a 120 sq. ft. unit that went for $750. So it seems that the actual rent for these slots is probably more like $800-$1,100.

When I hear stuff like this, I actually feel sorry for the generation that is being forced into this situation. It must be profoundly dispiriting; how can such people entertain any notions of family or children? True, it is being marketed as a "temporary" arrangement for most people, but that is a necessary illusion, for how could you tell anyone that "this is the rest of your life" without them experiencing a profound sense of alienation from life and its possibilities?

[UCANSEE2]

Didn't the Chinese try the same thing ?

[TexasGator]

Link to subsidized rates:

http://ny.curbed.com/archives/2013/08/21/city_taking_applications_for_affordable_rentals_near_high_line.php

[EQAndyBuzz]

And only one Republican mayor during all that time and he didn’t say anything about this. He worked on important stuff like cleaning up the citiy’s trash.