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A comment on U.S. Apartment Market Shows Signs of Losing Steam. Parent comment

Re:U.S. Apartment Market Shows Signs of Losing Steam by brbsix on Sunday April 10, 2016 @01:45PM (#11467291)
Want to know how much a 1br in SOMA / south beach is going for today? $3815 (mean of 292 listings)[0]. Three years ago, I was paying $500 less than that for a 2br new high end unit in the same neighborhood. Fucking ridiculous.

I'm considering moving to NYC for the lower cost of living. 1br in Brooklyn is $2220 (mean of 523 listings, excluding fees)[0].

Really happy to see people finally let the market do it's thing and produce a product (in this case housing) that's in such desperate demand.

[0]: https://github.com/brbsix/craigslist-rental-market

[ Parent | on HN ]
Re:U.S. Apartment Market Shows Signs of Losing Steam by cylinder on Sunday April 10, 2016 @02:13PM (#11467418)
You need to divide Brooklyn into the parts you'd actually want to live in (commute times and safety). Split it in half. You'll definitely pay more than $2200 in the more convenient safer areas
[ Parent | on HN ]