Posted on 07/03/2024 1:40:11 PM PDT by ChicagoConservative27
People moving to New York City should come with a dream, a good pair of walking shoes—and, depending on where they plan to live, a million-dollar salary.
Six neighborhoods in the city require homebuyers to earn seven figures to even consider making an offer on a tony address, according to new research compiled by Realtor.com®.
The most expensive neighborhood in the five boroughs is Nolita, where the median home costs an eye-watering $5,351,875.
Any aspiring or current New Yorker who wants to live in the four-block-wide Manhattan neighborhood—which is now the center of trendy boutiques and chic restaurants—needs to earn $1,433,781 a year to afford a home there.
“The six most expensive ZIP codes in the NYC metro area all require a minimum household income of more than $1 million to remain within affordability recommendations,” says Realtor.com® senior economic research analyst Hannah Jones. “These areas attract luxury buyers with median listing prices of $4 million or more.”
(Excerpt) Read more at nypost.com ...
F NYC, I wouldn’t drop a good Texas turd in that city.
You’re lucky - you had a box!
If you don’t mind living 3 hours outside Manhattan in Utica, NY you can probably buy a fixer-upper for $40K.
Of course your neighbors will be family of 15 from Yemen
But you get what you pay for.
Yemen?? How did they get to Utica of all places?
Clinton probably.
A buck when I wuz a kid in the 50s was a big deal.
Sad to fast forward to today.
I think the last time I bought gas for $0.299/gal was in Calif. circa 1973.
A 2% Inflation target is total B$ in multiple ways.
We used to live in a small shoebox in the middle of the road.
Of be an illegal alien and get luxury accommodation in a nice hotel for free.
Some squatters could live there free. For a while.
$40k lol maybe a shed you can convert.
I would bet 100 illegal invaders could pool their government bennies and buy it. Move ‘em in. Allow the elites the excitement of living next door to the Biden-endorsed criminals and sociopaths.
“People moving to New York City..”
Should get their head examined.
They couldn’t pay me enough to move to NYC. Heck, I marked treehuggin’ Austin off my list ages ago.
Have you seen the price of Texas homes lately? $1.5M for what used to be less than half that 2 years ago and even that was too much.
Yes I have, land has become stupid expensive too. Prices are up because the owners know they can get it from all the refugees from the blue states. Thats why I predict Texas will be purple this time around.
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