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re: MEOW...try the Google

Posted by:	Ann 03:05 pm EST 11/22/14
In reply to:	MEOW...try the Google - josiahjosiah 02:49 pm EST 11/22/14

I saw a statistic that said, as of last month, average rental within 10 miles of New York is $2933 for a one bedroom. Where I live, the average is less than a third of that (other big cities are more like half; a couple are equal). Homes for purchase are even farther apart. (Of course, we have more room, so we buy more stuff.) With the difference in housing, even adding in a car, the fact that some of us can afford a few trips into New York isn't shocking, it's just a different distribution. Tougher for dramedy than me, though ;)

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re: MEOW...try the Google

Posted by:	ryhog 03:19 pm EST 11/22/14
In reply to:	re: MEOW...try the Google - Ann 03:05 pm EST 11/22/14

that sounds like a bloated real estate industry stat, not any reality i am familiar with. all i am saying is that folks who choose to live here (and it is, obviously, a choice) find a way of making it all work in a way that involves compromises that would not be palatable anywhere else. But what we would say is, it's not anywhere else. even if we were to take that $2933 as correct-and it can't be except at some new rental level that disregards rent subsidized and stabilized-it also fails to ask how many unrelated people live in that 1 BR apt. In Pittsburgh, the answer is generally going to be 1, whereas in NYC it is more likely to be 2-3. Now recalculate, factoring in the fully distributed cost of a car as well, and you'll see what I mean.

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