Shocking NYC Real Estate Revelations: New Yorkers Share Their Most Dreadful First-Apartment Stories
New York’s Always Been Expensive
Exorbitant real estate prices in New York City are hardly recent news. As exemplified by this Redditor, finding a nice apartment in the Big Apple has been a challenge for decades. Even in the ’90s, a decade with no significant financial crises, living in a small, smelly, and convenient apartment could cost as much as “only” $750 per month!
According to a blog on Medium, NYC started getting expensive in the ’60s, back when the price of apartments suddenly doubled, and the average rent went up to $200 per month.
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