New York's affordable housing lottery is open, with 1 bedroom apartments going for as low as 2.8K

[norfwestdc]

I spelt paying wrong forgive me

 

[hatealot]

That is an extreme outlier for rent due to its location. That is considered a discount and affordable cuz the neighborhood commands 5k+ for a 1 bedroom. Look at affordable housing on lets say webster ave in the bronx you looking at 700 -900 for a one bedroom for incomes between 24k-36k a year.

 

[intruder]

Meanwhile I'm about to take $40K out of my home's equity and invest in something. The same house i bought 2 years ago and now a company (offerpad) just made me an offer that's $77K more than i paid just 2 years ago.
I live less than 5 minutes from Downtown Atlanta (East Atlanta Village/Gresham Park area).
I still laugh at my cousin who's miserable in NY but wont leave.

 

[intruder]

That is an extreme outlier for rent due to its location. That is considered a discount and affordable cuz the neighborhood commands 5k+ for a 1 bedroom. Look at affordable housing on lets say webster ave in the bronx you looking at 700 -900 for a one bedroom for incomes between 24k-36k a year.

Who can live on $36K in NY? Are they homeless and begging in the streets?

 

[Poitier]

Use to live on 3rd and 9th.

Stuytown is a great location so of course it cost.

All the co opts in downtown Manhattan filled with Jews.

It’s a few PJs in alphabet city and off the fdr with blacks and ricans.

 

[TRY GOD]

LA not even all that bad like that. LA is huge with hella suburbs and small surrounding cities in LA county. I had a 2 bedroom huge condo, for $1500 in north Hollywood

Is that good?

 

[King Poetic]

Who can live on $36K in NY? Are they homeless and begging in the streets?

probably people with 6 roommates at 35 years old

 

[Fade Runner 2049]

Is that good?

May not be good for which ever City you live in, but LA that’s good and it was good area, $1500 gets a 200 sq ft studio in SF, and NY you’d have to be out in Yonkers or somethin. My point was that LA isn’t as bad as the other 2. Of course if you tryna move to Beverly Hills or Near the beach then yea of course it’s expensive

 

[BezO]

Who can live on $36K in NY? Are they homeless and begging in the streets?

Someone payin' $700-900/mo in rent he mentioned.

 

[Gutzman]

lol what fukken dumbass would want to get raped in the ass to live in a shythole apartment like those.

 

[Goat poster]

nikkas in D.C, New York and L.A playing thousands of dollars in rent while living in building that spells like heroin.

San Francisco might be worse than all 3 of those cities when it comes to affordable housing.

SF is def more expensive than LA.

 

[Steel]

That apartment complex is in a prime area of Manhattan, right on 14th street, so of course it's expensive to live in that part of the city, the outer boroughs have much cheaper rent.

Even this aint even true anymore everywhere except tge south bronx being gentrified and rents rising.

 

[MikelArteta]

Win a lottery and your prize

Paying nearly 3,000 a month for a mice infested base heater spot

 

[ogc163]

Yeah the income requirements don't make sense even when you look at the BX. Personally know chick's who have turned down promotions just so that they wouldn't lose their apartments.

 

[intruder]

Someone payin' $700-900/mo in rent he mentioned.

Uhhh I don't think you can really afford $900 a month rent when you're making $36,000 a year. After taxes and utilities...