Landlords want $5,000 for a 1BR apartment in NYC

Merci ! Partagez avec vos amis !

Vous avez aimé cette vidéo, merci de votre vote !

Ajoutées 6 mois by

10 Vues

Landlords in NYC are charging crazy prices for one bedroom apartments. As much as $5,000 for a small apartment less than 700 SF. This is a sign that the New York City rental crisis has gotten even worse in recent years.

With most New Yorkers unable to afford the rent. The median household income in Manhattan is barely over $100,000. Not enough for someone to afford their own apartment.

One has to wonder how sustainable this NYC rental bubble is. Because at some point - people will get completely priced out.
---
REVENTURE APP: https://www.reventure.app

Access Exclusive Data and Videos as a Channel Member: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join

DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.

Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Envato Elements. https://elements.envato.com/