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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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