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How is the real estate where you live? I bought 2 yrs ago in this area, but from the projections from the NY Times, real estate is not booming like before.
Yet, I still see crazy prices and it gets me irritated.
In my area, some of the homes are like $500,000 for not much land.
In NYC- In Hell's Kitchen neighborhood (midtown), someone wants $865,000 for a one bedroom apt plus $1,100/mo maint. There was also a recent tearing down of a bunch of buidings near the Port Auth (Dan prob you saw this) to make room for condos that will cost like 2 mill a piece. In the Meat-packing district, new construction is also going into the millions. Where are all these millionaires coming from? Even in Park Slope Brooklyn, one place is going for $799,000.
The city is so priced out it's depressing! It makes me wonder how "diverse" it will eventually be.
I think other cities like Portland, OR or other places out west must have more reasonable prices, no?
Yet, I still see crazy prices and it gets me irritated.
In my area, some of the homes are like $500,000 for not much land.
In NYC- In Hell's Kitchen neighborhood (midtown), someone wants $865,000 for a one bedroom apt plus $1,100/mo maint. There was also a recent tearing down of a bunch of buidings near the Port Auth (Dan prob you saw this) to make room for condos that will cost like 2 mill a piece. In the Meat-packing district, new construction is also going into the millions. Where are all these millionaires coming from? Even in Park Slope Brooklyn, one place is going for $799,000.
The city is so priced out it's depressing! It makes me wonder how "diverse" it will eventually be.
I think other cities like Portland, OR or other places out west must have more reasonable prices, no?