Wednesday, September 29, 2010

NYC Rent: Not as Bad as We Think... Or Is It?

This article about rent in NYC compared to other cities is interesting.

It's claim: rent in NYC is lower than that of other cities, San Jose, CA, San Francisco, L.A., and two others. So we're the fifth most expensive city to rent in! See, nothing to complain about!

Except for the fact that they consider New York City both as a whole (the boroughs) and in conjunction with Long Island and parts of New Jersey. NYC is a very diverse city, so the range of rents is going to be wide. They also don't take size into account. Are the apartments in San Fran and LA bigger or smaller than those in New York? Probably so.

Anyway, all I'm saying is that, as a New Yorker, I still feel I've got the right to complain about rents in Manhattan. It's just that now LA'ers and San Fran'ers do, too.

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