Posted on 08/31/2022 9:12:33 PM PDT by SeekAndFind
Reno is probably 11 on most expensive.
“Readers may recall we have focused on New York City’s hot rental market for apartments that continues to set “record number of records.””
I thought everybody was leaving NYC, San Fran, LA and all of California.
Out of the top 10, 6 are in California.
Thanks. SF is brutal. LA is tough. SD is getting expensive. San Jose is fine with all the tech employees who make $70k and can easily pay $3K monthly rent. Irvine is much higher than Santa Ana. Wow. $850 in KY. Amazing.
Blue vs. Red.
> San Jose is fine with all the tech employees who make $70k and can easily pay $3K monthly rent.
It would be tough paying $3k rent on a $70K/yr income. More like $100K+ would be doable.
NYC, Boston, Miami, DC, and the rest are California.
In CA, making 70k and paying 3k/month in rent puts you at poverty level, over half your gross income before taxes goes to rent!?! How is that making out well!?! Add in state and federal taxes and you don’t have a pot to pee in.
I doubt Reno was even surveyed.
Yeah but pot is legal, and you know, the weather.
Probably not. New studios are over $2,000 in “mid-town”. Prices around the area are outrageous, driven up by everyone escaping California.
Illegals consume apt housing in these cities; Americans are forced to bid against each other for what’s left.
All of them Leftist run /s
Miami is a surprise at #6.
Miami has always been expensive, but #6 puts it in a brand new territory.
Miami Mayor Francis X. Suarez is actually a pro-business Republican.
Cuban family, but, incredibly, the first Miami mayor to have been born and raised in Miami!
Illegals are in trailer parks. Just drive through one sometime and you would think you are in Mexico.
Thanks. SF is brutal. LA is tough. SD is getting expensive. San Jose is fine with all the tech employees who make $70k and can easily pay $3K monthly rent. Irvine is much higher than Santa Ana. Wow. $850 in KY. Amazing.
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In 2012, I was paying $1275/month for a one bedroom in Carlsbad, (San Diego) only two blocks from the beach...
I can only imagine how much it is now.
Lived in San Diego near the pacific just off of Mission Bay beautiful 1 bedroom apt was $1200 in 2016. Now $2900-3200.
Say what?
3k per month is $36k per year Out of your $70k. By the time you factor in taxes, utilities, etc you can forget about owning a car or eating anything better than alpo. You will also be spending a lot of time on the floor because you can't afford to furnish it.
. But that looks more like a starting salary in Texas.
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