Manhattan landlords are rejecting single tenants who don’t make over 160k

[TreySav]

this aint true. they are just being greedy....

It’s a combination of both. I think sometimes we over look the fact that some of these cities are legitimately overcrowded

 

[Jcotton1]

There is a street here called Billionaire’s Row

This story needs context

If u know you know. Central Park getting real crowded.

 

[High Art]

What's funny is how many of these companies use loopholes in NY's codes to pay lower taxes than most other places.

 

[Devil Plisken…CMS]

Read the article dumbass. It says how much these apartments go for monthly

It’s expensive in NYC

Next at 11

 

[HARLEM AL]

It’s a combination of both. I think sometimes we over look the fact that some of these cities are legitimately overcrowded

thats not the case. There's new buildings in Manhattan with no one in them shyts.

 

[GnauzBookOfRhymes]

People complaining are fukking stupid.

At 4K per month thats almost 50K a year.

If you're making 160K that means more than 1/3 of your income is going to rent. Once you add on all of the other costs of living in NYC 160K isn't shyt.

I wouldn't take those chances either, especially with how long evictions etc can take.

 

[TreySav]

thats not the case. There's new buildings in Manhattan with no one in them shyts.

Manhattan is considered prime real estate so I know don’t have to tell you what happens to prices when everyone starts vying for it

Also the number of people in NYC alone dwarfs other parts of NY

 

[Thanos]

this aint true. they are just being greedy....

that area hasn't that much new traffic for exuberant amount of increase in rent.

 

[Kiyoshi-Dono]

 

[NobodyReally]

I don't understand the $160K rule when the article says six figures. That's a big range there. So someone making $100K with hardly any debt still wouldn't qualify but someone making $160K regardless of their debt ratio would be in? Sounds like a stupid approach to finding suitable renters.

 

[BlackBall]

 

[SleezyBigSlim]

40x rule should be illegal

America doesn't care about its citizens

That article manipulated the numbers. Manhattan is no different from the rest of the nation when qualifying for an apartment you need to gross atleast 3x the monly rent. It's always been this way

 

[RhodyRum]

Keep biggin' up these cities or states or blocks or whatever you claim that have no problem putting you on the streets because they're gradually pricing you out, brehs.

 

[Jekyll]

Kinda hard to judge this without knowing the value of the underlying property. There’s alot of places where you would need this kind of income to qualify.


Anything around $700k and up would have these type if requirements and thats not alot in some cities.

 

[RhodyRum]

Keep renting, brehs