$1,300 average rent for a studio? lol. not much left over at the end of the month, huh? i guess my question is... how do they survive?
2007-01-18 11:42:53 · 5 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
...because more people want one than can get one.
They survive trolling happy hours for free munchies...
2007-01-18 11:47:48 · answer #1 · answered by Jon A 4 · 0⤊ 0⤋
As a native New Yorker; NYC is a one of the most sought out real estate markets. There is so much more people than housing units available. To live in NYC you have to be making money. A studio will run you around 2,000 per month. NYC is home to many Wall Street people, CEO's, Musicians, Actors and they cn afford to live in the city. If you are an average worker it is impossible.
2007-01-18 23:46:18 · answer #2 · answered by tianaramal 4 · 0⤊ 0⤋
Too many people, not enough room for all of them
People survive with 2 incomes...like anywhere else.
2007-01-18 19:51:08 · answer #3 · answered by BMW BFD 5 · 0⤊ 0⤋
High demand means a high price.
2007-01-18 19:47:30 · answer #4 · answered by Eric 1 · 0⤊ 0⤋
there are lots and lots of high-paying jobs in NY.
2007-01-18 22:03:37 · answer #5 · answered by njyogibear 7 · 0⤊ 0⤋