This entire thread is basically first world problems ITT. No, you are not poor if you make 65K a year. You are living better than basically 99% of the world's population.

Blah, you could say this anytime someone currently living in the US makes even the slightest gripe about anything.

Just because people are born in a country with a relatively high standard of living when compared to the rest of the world doesn't mean that all their concerns are invalid by default.

I'm assuming you go through a lot of cologne and olive oil.

Had no idea rent was so expensive in NYC in 1983. City was a dump back then.

I didn't say they were invalid.

I said it was a first world problem to wonder if you're poor because you make 65K.

As has been pointed out multiple times, NYC is expensive to live in and OP had some expenditures that were out of whack.

But thinking you might be poor when you have a roof over your head and plenty to eat is a bit ridiculous. You may be less well off then some of your peers, but that doesn't make you poor.

Especially if you're guzzling $20 of olive oil a month.

2013 - 20 = ????

a) 1993
b) 1983
c) 1893
d) Olive Oil

peasants

I read stuff like this and just shake my head. I live in NYC and would have a tough time finding a homeless person's cardboard box for $845/monthly.

Are rent control apartments even higher than that?

Manhattan non-doorman rents*:

Studio - $2371
1bd - 3189
2bd - 4304

Doorman:
studio - 2746
1bd- 3946
2bd- $6183

Avg studio in Harlem, without doorman, is now $1481. With, $1835.


* As noted previously, the avg rents are skewed downwards due to ~half of the units being rent-controlled or rent-subsidized, which can come to thousands of dollars a month below market value.

Perhaps I gave off the wrong impression. I live in Staten Island and spend a ton of my time there and in Brooklyn (two of the five boroughs of NYC) where there wouldn't be any rent-controlled apartments. As far as NYC, I have no idea what a RCA would go for, but what % of overall living spaces could these make up, 1%?

In Manhattan, RCA/RS are approximately half of the supply.

what's the median or average size of the apartments? 1b~600 square feet, 2b~1000?

Yeah man, you're totally poor. 65k per year is a laughable income, do you work at Mcdonalds or something? Get a real job OP.

I assume this is including Section 8 hellholes in the upper part, which really aren't fair to include in this discussion since I'm pretty sure no one on 2p2 lives that life.

Having just amused myself by looking over the first 50 or so posts in this thread, it's apparent that it's just behind the SE discussion "Would 2p2'ers make good NFL head coaches" in terms of proving just how delusional people on this site are.

Saving sucks and I don't know how all the people itt do it

Prices and sizes are about right. If lucky you might get 750 sq ft for 1-bed and 1100 sq ft for two bed but having just finished looking for a two bedroom w/ doorman, those prices are spot on (although luckily I found a better deal). Also not included is the fact that when the market is hot you almost have to go through broker who will charge 15% of first years rent. If you are moving after less than 2 years in NYC a ton of those rents get inflated another 5-15% on brokers fees. Basically have to live in a spot 3-4 years to avoid brokers fees completely screwing you.

Correct, this skews the data downwards, not upwards. If you excluded the 'hellholes' the avg and median prices would be even higher.

Just found out from someone that there is currently no functional waiting list for smaller apartments at Co-op city in the Bronx. The largest 1BRs will set you back around 20k. With maintenance charges you would get hit with about $700-800 a month in total housing/utilities expenses. That's about what my girlfriend and I spent for a similarly sized apartment in an unexceptional neighborhood in Austin Texas 12 years ago.

There is not a soul on 2p2 who could live in co-op city.

this thread makes me sad. I want to live in NYC one day..just been something ive wanted to do since i was a kid. Even if I made enough money im not sure id do it. Didn't know about these brokerage fees...or maybe im reading it wrong.

I don't know squat about co-op city other than being the lyric of a song, but am curious why.

I personally love to visit the city to see my undergrad friends. I would hate to live there though for many reasons including the insane costs for everything related to housing. Taxes are insane as well. I've also lived in the South where most housing is pretty cheap so to move to a shoe box which is probably old as **** and ugly as **** for 3x what I'm paying just seems horrible.

While I like many of the aspects of the city, it's not enough to overcome the price, the smell (****ing trash everywhere), the traffic (can't really have a car and the taxi drivers are nuts).

Brokerage fees are exactly what they sound like. Housing goes like crazy in NYC, so you need a real estate agent or broker to get a place. You have to pay them essentially 1M rent or worse to help you out. In most cities, the person renting out the place pays the fees, but in NYC both the renter and the LL pay a fee. It's really insane.

I could. Used to have an aunt who lived there, it was a piece of cake.