Submitted by MaizeNBlueWaffle t3_11k2p15 in nottheonion
MaizeNBlueWaffle
MaizeNBlueWaffle t1_jaea23p wrote
Reply to comment by ZweitenMal in Midtown Owners Hedge on Costly Office-to-Home Conversions by psychothumbs
Weird how the government only caters to and forgives rich people and capital owners in our society. Almost like it's all rigged in their favor...
MaizeNBlueWaffle t1_j7zodu8 wrote
Reply to comment by DarthDialUP in Manhattan rents hit an all-time high in January by WarrenBuffetsDriver
> They aren't looking for long term renters; some idiot passing through for a year with unlimited cash will pay it.
Exactly, if you ever notice where Instagram influencers, who have just moved to NYC, live, it's always in those buildings
MaizeNBlueWaffle t1_j7z9rdn wrote
Reply to comment by DandWLLP in Median New York rent passes $4,000 a month in January by geoxol
Hoboken and LIC are pretty similarly priced to Manhattan but you do get more for your money
MaizeNBlueWaffle t1_j7z9kdu wrote
Reply to comment by TheSheikYerbouti in Median New York rent passes $4,000 a month in January by geoxol
This is what I've always wondered. I live with my significant other in a good enough 1 bedroom that was a covid deal in Manhattan and we've been lucky enough where our rent has only gone up $250 total over the past 2 going on 3 years. Who are these people living in 1 bedroom apartments that are $4000+? There seemingly can't possibly be that many people making that much money in NYC, right?
MaizeNBlueWaffle t1_j7z998u wrote
Doesn't help when the only apartments being built are all luxury apartments. Supply and demand don't really apply in NYC because the demand from wealthy transplants to live in NYC will always be there. There's barely any nice 1 bedrooms in Manhattan for under $3500
MaizeNBlueWaffle t1_jaeaefl wrote
Reply to comment by y0shicity in Midtown Owners Hedge on Costly Office-to-Home Conversions by psychothumbs
No, but I imagine they will be unaffordable for most people just like every other new apartment in this city