Re:Manhattan rents cross $5k threshold for first time
by ipaddr on Thursday July 14, 2022 @11:08AM
(#32096977)
How many new units have been added over the last 20 years?
[ Parent
| on HN ]
Re:Manhattan rents cross $5k threshold for first time
by jahnu on Thursday July 14, 2022 @11:13AM
(#32097040)
Not sure exactly but the population has grown from 1.5 million in 2001 to 1.9 million in 2021
Some of that growth fit into existing stock but since the late 90s there has been a lot of new neighbourhoods built.
The city generally plans ahead, even building public transport like metro out before it is completely needed.
E.g. out to this new neighbourhood