Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Beave Meister

Looking at salaries in NYC. They just do not support the rents and property prices there.

$4,000 for a closet sized apartment? On a median $50,000 income?? Forget it. It wasn’t sustainable.

Investors kept buying thinking prices had no ceiling, but they do.


67 posted on 07/21/2018 1:44:29 PM PDT by CodeToad
[ Post Reply | Private Reply | To 1 | View Replies ]


To: CodeToad
Looking at salaries in NYC. They just do not support the rents and property prices there. $4,000 for a closet sized apartment? On a median $50,000 income?? Forget it. It wasn’t sustainable.

If only they'd voted for this guy.


69 posted on 07/21/2018 1:48:33 PM PDT by dfwgator (Endut! Hoch Hech!)
[ Post Reply | Private Reply | To 67 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson