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re: Slight increase in rent price for New York City apartments
Posted on 5/1/22 at 12:50 am to TigerAxeOK
Posted on 5/1/22 at 12:50 am to TigerAxeOK
Rent must be going up because the space for business rent on the ground floors of these apartments are vacant and the landlords are trying to recover some money they have lost since covid drove everyone out of nyc. After they discovered they have been living in a shithole their whole life and paying out of the arse to do so, they aren't going back.
Posted on 5/1/22 at 7:20 am to omegaman66
Yea, but how is pricing everyone out going to help the landlords. Everyone will just leave. They won’t have a choice
Posted on 5/1/22 at 8:24 am to omegaman66
quote:
Rent must be going up because the space for business rent on the ground floors of these apartments are vacant and the landlords are trying to recover some money they have lost since covid drove everyone out of nyc. After they discovered they have been living in a shithole their whole life and paying out of the arse to do so, they aren't going back.
Your theory is rent is being driven up by falling demand?
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