A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K

Re:A rent-stabilized 1 bedroom apartment for $1,100 In NYC? ... by cooper_ganglia on Saturday February 10, 2024 @12:56PM (#39328490)

I pay $500/month for a very similar setup, but mine is a 2 bed, 1 bath with a 1 car garage, lol. The corner lot, cop neighbor, and close fire department are all familiar though!

Moving to a LCOL is always my recommendation as well.

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Re:A rent-stabilized 1 bedroom apartment for $1,100 In NYC? ... by machiaweliczny on Saturday February 10, 2024 @01:55PM (#39329127)

I rent single room for $500 in Poland. Seems like we’ve buble here.

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Re:A rent-stabilized 1 bedroom apartment for $1,100 In NYC? ... by cooper_ganglia on Monday February 12, 2024 @12:04PM (#39347320)

Before moving into my house, I rented a 2 bedroom apartment in the same town for $700/month. Low interest rates during Covid meant I could get a 30-yr fixed mortgage at 2.25%, and the mortgage payments would end up being cheaper than my rent. Rural development grants introduced a few restrictions on what houses I could choose, but made it possible to buy a house in my 20s with no down payment at all. Seemed like a no-brainer!

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