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Even high-earning tech workers can’t afford most NYC apartments: Report
NY Post ^ | 05/23/2024 | Hannah Frishberg

Posted on 05/23/2024 8:49:47 AM PDT by ChicagoConservative27

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To: Bon of Babble

“I just returned from New York City. The dirtiest city I’ve ever been in.”

NYC: grime & crime

In Madrid, it was actual dirt due to infrequent rains.


21 posted on 05/23/2024 9:33:59 AM PDT by Brian Griffin
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Yawn…blue rathole city…vote blue, sanctuary harder🤬🤬🤬


22 posted on 05/23/2024 9:39:35 AM PDT by TnTnTn
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To: Wuli

“I have family who have a NYC apartment, under rent-stablization. They are still paying under $2,000 for large 2 bedroom apartment that a newcomer will have to pay $5,000+ for.”

I grew up in upstate New York.

I think I only applied for one NYC job in my life. The $3,000 gap is one that employers and workers don’t want to pay.


23 posted on 05/23/2024 9:40:39 AM PDT by Brian Griffin
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To: Macoozie

Owners can’t get a reliable tenant to cover the carry costs and doesn’t want to live in it.

************************

This will be a huge story as we move through the decade.

Where did all the renters go?

Answer: They don’t exist, there is a low supply of renters, unless you believe all the migrant and illegal migrant hype.

Numerous homes in my area have been off the market for 10-15 years, just sitting there vacant.


24 posted on 05/23/2024 10:17:24 AM PDT by unclebankster (Globalism is the last refuge of a scoundrel.)
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