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Post Reply 265-360 sq feet - $2,650-$3,150 a month.
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25 / M / NYC Metro Area
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Posted 5/29/16
This is why I do no longer live in NYC, the rent is insane. Why anyone would pay 2k+ for a glorified closet is beyond me.
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Posted 5/29/16
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23 / M / UK
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Posted 5/29/16 , edited 5/29/16

FlyinDumpling wrote:


Voc666IV wrote:

I know it’s already happening in the west; however, over here they tend to put more effort into making your cage look shiny and less depressing.
I suppose you are right, I heard things look like castles in the uk

As someone from nyc, I can guarantee you that there are conditions that look exactly like that in the picture. Hong kong housing prices are one of the most expensive, probably more so than nyc. so I wouldn't be surprised if some people have to resort to these living conditions.


Oh no, any stately or castle like house is either owned by someone who is very rich or a it's a tourist attraction. Places like London the average house price stands at around £500,000.
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Posted 5/29/16 , edited 5/29/16
Growing up, I used to live in Tribecka, one of the better neighborhoods in Manhattan. Our apartment was a 1300 sqare foot penthouse with 15 foot ceilings. Washer dryer, two beds two baths. With views of the Hudson river and WTC complex. There was a private gym, pool, and a deli in the building. If that wasn't enough, there was an actual public elementary school and middle school that occupied one wing of the building. I literally took the elevator to school. More than once i'd wake up 5 minutes before school, and still be on time
The rent, at the time we left had gone up to an insane $9500 per month. That was 10 years ago, it's even more now.
if you wanted to buy it outright, my apartment would have run you between 1-1.5 million. The scary thing is i knew kids whose parrents owned or rented even nicer apartments than mine. So I thought this was normal..

So 2500 per/ mo for an apartment in Manhattan of any size is a really good deal.
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27 / M / Louisville, KY
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Posted 5/29/16
Why are people so attracted to New York with those stupid prices? I make an okay salary and that rent would be more than 100% of my take-home pay. What is the appeal?
runec 
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Posted 5/29/16
I still like that the reaction to NYC's housing problems isn't

"Hey, maybe we should regulate and plan housing better"

but

"Hey, maybe we could rent closets for 2 grand"

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Posted 5/29/16 , edited 5/29/16
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21 / F / USA
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Posted 5/29/16
If people want to pay that price for a glorified closet, fine.

For that $2,650 a month rent though you could get a very nice house in my town. Seriously. There is right now a 1700 sq ft house with 4 bedrooms and 2 bathrooms up for $675 in my area.
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13 / F / California
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Posted 5/30/16
Huh, NYC is a shithole, tell us something new already...
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Posted 5/30/16

1stladyent wrote:


VividDreamZ wrote:


1stladyent wrote:

http://www.jebiga.com/hong-kong-micro-apartment-gary-chang/




I can deal with that! I've lived in a 290 sqft apt. before!!

That actually looks a lot better than the ones I've posted. NYC is insane for cost of living, you can get a really nice house for the price of these micro apartments.


Agreed! I've had friends always saying "You gotta be rich to be poor in NYC"
You can get a really nice house in the suburbs for the rent paid in NYC. I'd like to be able to enjoy where I live lol and not slave away for rent.


290 sq is nothing. That picture is pretty darn deceptive. It looks like that wall is a mirror to add some style to the place and to make it feel bigger than it actually is. Once you are actually living in a space that small, you will realize real quick the limits.
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Posted 5/30/16
-,- thats so expensive. You might as well just buy a house elsewhere and the cost would be lower.
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Posted 5/30/16
i've seen mansions on the beach here in my state cost less

but if ya wanna pay thousands to live in a smelly crowded city and ya can't even see the stars at night then... whatever??
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8500 / F / Apollo...
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Posted 5/30/16

ranran-001 wrote:


1stladyent wrote:


VividDreamZ wrote:


1stladyent wrote:

http://www.jebiga.com/hong-kong-micro-apartment-gary-chang/




I can deal with that! I've lived in a 290 sqft apt. before!!

That actually looks a lot better than the ones I've posted. NYC is insane for cost of living, you can get a really nice house for the price of these micro apartments.


Agreed! I've had friends always saying "You gotta be rich to be poor in NYC"
You can get a really nice house in the suburbs for the rent paid in NYC. I'd like to be able to enjoy where I live lol and not slave away for rent.


290 sq is nothing. That picture is pretty darn deceptive. It looks like that wall is a mirror to add some style to the place and to make it feel bigger than it actually is. Once you are actually living in a space that small, you will realize real quick the limits.


290sqft is not a problem when you are on a mission. College dorms can be just as small, so if anyone can live through a time in their life with limited space in order to achieve something, I'd recommend it.

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29 / M / B.C, Canada
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Posted 5/31/16
3k a month for a glorified closet damn and I thought prices in Vancouver were bad. Geez I've been to New York and I wouldn't pay half of that to live in that smog filled city. The traffic sucked, and all of the people were rude as fuck.

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F / San Francisco
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Posted 5/31/16

alexwithcandy wrote:

-,- thats so expensive. You might as well just buy a house elsewhere and the cost would be lower.


Not always a reality. You could easily buy a mansion in Montana with that kind of money. But the main problem would then be if you can find jobs in your field that pay a decent amount to even be able to afford to live in Montana. Some people also enjoy the vibe they get from the city, so although housing is expensive, they feel it's worth it with all the dining and entertainment options nearby.

San Francisco is like this too, and we have some very high prices when it comes to rent. Home prices for living anywhere in the Bay Area are much higher than the rest of the US. My friend and I have comparable homes, hers in Florida and mine in the Bay Area. I pay almost 4 times what she does in mortgage every month.

As the old real estate adage goes, "Location, location, location".

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