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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
Posted by omegaman66
greenwell springs
Member since Oct 2007
22868 posts
Posted on 5/1/22 at 12:50 am to
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 by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 5/1/22 at 7:20 am to
Yea, but how is pricing everyone out going to help the landlords. Everyone will just leave. They won’t have a choice
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 5/1/22 at 8:24 am to
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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