My frustration comes from the, "You can save by getting a roommate" part. I wasn't saving with 2 roommates. That was all I could afford. "You only need to earn $60,000/year" to SHARE an apt (typically with a stranger). Most (childless & single) people over the age of 30 do not want roommates. This roommate agenda is greed.
Welcome to the increasingly globalized world were big metropoles will keep getting more expensive due to the increase of metropole based wealth and job creation.
@@felisha209 I can't tell if you're being sarcastic but I think most capitalist believe capitalism should have restrictions. If there are no restrictions or the restrictions aren't adequate then you get situations like the companies I mentioned driving up home and rental prices and things like extreme wealth gaps. I'm a capitalist but I don't believe in unrestricted capitalism. The situation with politicians being controlled by the ultra rich is getting worse and worse. It's not an easy thing to fix. I say start by banning lobbying.
When the banking cartel gives these insiders over 2 trillion of monetized debt (free money at our expense) they are going to invest it somewhere. No problem however. All those defaulting on there mortgages can just rent their houses back from Larry Fink and his cronies.
Born and bred in NYC. I left in 2009 when my stablized Maiden Lane apt with view of the bridge and tall ships hit $1600. In 2012 that bldg became condemned for a year after Sandy. It was a great place to live, I realized I couldn’t ever live in NYC again. It’s weird to be priced out of the place you are born and where all of your family is.
I think I know the building you're talking about. I lived with roommates in the adjacent building next to it after it got knocked down. We paid $1500 per person and it was admittedly not the best but it was comfortable. The unit is now listed for $2300 per person or more.
I'm really sorry, so much is really unfair. I'm worry about the people who are on disability and unable to work 3 jobs. Is there housing authority or assistance for housing in NYC anymore? I can't imagine how dangerous project housing would be now. Are there still "projects" in NYC?
I was born and raised in NYC. I swore i would never leave, but i have to admit that NY has lost it's essence. It's always been more expensive than other cities, but this has gotten way out of hand. The NY i once knew no longer exist, it hurt me to leave my city. On a brighter side I'm able to save more money and overall happier since i left.
I know this is big to New Yorkers, but the size of these apartments are truly sad. The fact that most place can’t have company or just a normal living space is dismal.
I know someone who moved to Brooklyn from Texas. Lived there 1 year and moved back to Texas. They were paying $2,000.00 per month for 500 square feet. CRAZY.
It's not all of nyc with apartments like that I'm from nyc born and raised still here and I never met people with tiny apartment's only college student's I've ever talked to had that problem but growing up in The Bronx and in long island city queens I never seen this . My friend had an enormous apartment it was still expensive but it wasn't small people think all of nyc is like this yes there's small apartment's but there's a lot with big apartment's as well
People really need to hold accountable their politicians, not just gentrification, for allowing this atrocity to go on for decades. They went against our best interests and sold us out to the developers.
That's because everyone was ok with pushing out the Brooklyn residents that could not afford what professionals could afford. Now, th price has turned up on the professionals and they can't afford what the higher salaries in the 200k+ can afford. If you don't nip the problem at the bud, it will extend to everyone.
Holding politicians accountable?Are we suppose to ask the government to hold itself accountable?Thats like asking the mafia to hold itself accountable.
This is insane. This should not even be legal to do to someone. This is happening where I live too. They're buying up all the houses in my town, so they can sell the property at triple the rate. I get constant calls to sell my property. So what happens when the whole country is homeless? So sad.
That’s their plan , sad to say they want you to own nothing and be on social basic income and literally do NOTHING but sit home work and lay them rent and your spending money that you go to work for will just be food
We aren’t all going to be homeless but the homeless population will significantly increase. They are trying to make us all renters and then make that to expensive so we have to have roommates. They make more money that way and they can just raise the rental price, and you have to pay it because the home prices will be way to high!
this is a reality not only to New Yorkers but for people around the globe. I live in Sao Paulo, Brazil and the same thing happens here too. I am 27 yo and i still live with my parents, however i am trying to save as much as I can to move out but until then no way I am moving out, paying for expensive food, rent, gas and clothing, and not living a life is hell.
At least in Brazil it is culturally acceptable to live with your parents as an adult. In the US you are considered a loser if you live with them after high school at age 18. Very different
The added issue is when you're scraping by trying to afford NYC rent, you're not left with a lot of savings (if any) to afford the cost of moving to a cheaper place somewhere outside of the city. For instance, most places want a first month/last month up front. So you end up feeling trapped.
I know how you feel. Sometimes you have to do something you thought you never would have to get to where your going. The Midwest is cheap except Chicago. You save for a month & don't pay no bills & move. There are housing programs to help you get a home, less then $1,000 down or no money down. My mortgage is $810 a month & that's high (Milwaukee,WI). NY must be for the rich.
@@chrhadden - As someone else said. You don't pay rent for a month, and move out before they can evict you, using what you would've paid on rent to cover first and last month's rent in a new city.
I lived in Brooklyn for close to 6 years and recently moved out of my $1,750 one bedroom railroad apartment. After our lease was up the landlord decided to raise the rent close to $2,300. Needless to say we did not renew. I now live in Jersey City while still commuting to work in Brooklyn.
why did your landlord not increase it to 2300 before? you did the right thing by moving. the city is really trashing itself by keeping all these rent regulations in place.
@holyender515 I had only lived in that apartment for 2 years. Before that, I was renting a room for $1300 and figured only $400 more I could have my own apartment.
I saw my parents get evicted many times as a kid in new york, and of course my child brain at the time always found it exciting to go somewhere new, with out realizing what was actually happening. Hell, we even lived in a freezer room rented out to us for 300 a month for a short period of time. I think it’s time to leave new york. As a goal, I’m going to clear my debts, move out to buy a house, and leave my job for something fully remote while doing side hustles like freelance and running a youtube channel like you have. I hope everyone here in the comments, and folks in new york can find some version of that for themselves. Just let NYC rot, and stop depending on it. I had to claw my way out of section 8 and low income housing because I did not want to get comfortable under that for a single second.
I’ll never meet you but I hope you accomplish everything you set out to do. The rent in NYC is absolute bull and I really do hope the best for your future.
Fellow Brooklyn resident, I agree with you 1000%. Been here most of my life and it’s unsustainable to live here. They even increased the fking transit price 😂for what? The same old trains that have been running for decades. All this to say…I hope to do the same as you and leave New York in the foreseeable future
I was born and raised in Brooklyn. People used to call it a place that no one would want to live. All of a sudden there’s different nationalities moving into Brooklyn and these private developers are raising rent in areas where people didn’t even wanna live. That building across from the one that you were looking at it’s either a NYC HOUSING connect building where the rent is based on income or it is a shelter. Trust me.
I remember my mom would show me all the places she lived and the store my dad and fam once owned. She’s from BK I’m from queens and seeing it go from the hoods to trendy neighborhoods I can’t afford to live in so heartbreaking
I'm just going to let you all know that this is NOT a typical apartment in Brooklyn. Many of the places that are somewhat "affordable" are not renovated. I'm a native NY'er and the renters market has been horrible!!! I spent months looking for an apartment under $1,700. It was soo bad that I had to move to Jersey City. Now I have to commute to Manhattan.
@@charisma-hornum-fries Some of the advantages for where I currently live are: my commute to the city is much shorter. My neighborhood and the builder that I live in are much quieter. The bike paths are much safer (you're less likely to get hit by a car). And, lastly my rent it somewhat more "affordable" for the amount of space that I have. Some of the disadvantages are: Everything is much more spread out (restaurants, supermarkets, etc.). You have to travel a bit further to get what you want. Which in turn can make things in the neighborhood a bit more expensive. But, at this point I'm able to save a little bit of money so, I'll take the good with the bad.
@@Bornjamerican24 I agree with what you're saying and I wish that I could move out the east coast. But, moving and basically starting over is also very expensive.
Damn that's crazy, back before covid you'd never hear of native New Yorkers moving to Jersey city! Im from Jersey and lived in Bed-Stuy for 9 years before landlords went crazy so that sounds insane to me to see you say that.
Gosh, it just keeps on getting worse. Folks who moved out to Brooklyn are going to be forced to move further out. How can people in low paid jobs even consider such high rents. People who work in retail, hospitality etc in Manhattan are being forced out from there and will have to seek alternate employment in an affordable area. So will shops, bars etc have to close due to lack of staff?
Exactly! I had to leave my hospitality job in Manhattan because of the commute cost increasing and my rent increasing having to move to far out and my pay staying the same
A decade ago, in Lake Placid, NY, they had a hard time getting service job workers. Why? Because if you worked in that industry, you could not afford to live anywhere nearby. I worked in a hospital but left the area when the DOCTORS were complaining about the steep increase in property taxes. Some nurses left when I did. Other parts of the state were far better. Eventually I just left the state. Same pay, far less taxes and expenses. I feel rich now!
@@bananafyan easy access to public transit. Most other cities in the US require you to drive everywhere unless you live right next to a train station like I do here in Arizona. If you don’t live near a train station you gotta drive EVERYWHERE.
This does NOT surprise me. Here's what happens. Manhattan got too expensive, people went to Brooklyn, then Brooklyn got expensive because everybody moved there. No matter where you go, as soon as a place becomes "hot" then greed takes over and everything gets expensive. It's happening to the Bronx right now it's also happening to Florida and it will happen anyplace people run to.
A lot of the landlords in The Bronx are delusional with how much they charge rent, the high income they demand & high credit score( if people had all that they wouldn’t leave in some of The Bronx crappy areas and pay the high rent) and it shows with how long those apts are still on the listings.
a lot of Florida's problem isn't the cost of insurance. I was looking at a 1600 sf, 2 br for $350k. The taxes were going to be around $6K and the insurance was going to be $6025/yr to be exact. Add to that car insurance and you're looking at $13k a year without HOA fees etc... Really not getting the value.
I’m so happy I left nyc when I did that was over 8 years ago and my family thought I was crazy for just up and leaving and even then I was working two jobs and living with my mom and sister in a small two bed room apartment but I couldn’t do it anymore and I didn’t want to be living check to check like I saw my family and friends doing. Now I’m in Arizona and I couldn’t be happier it’s definetly gotten more expensive here in these last couple years I’ve been in but still no where near how nyc is, nyc just isn’t worth it, there’s so many places in the world you can get so much more for so much less 🙏🏾
As a native New Yorker, I find this triggering. This is why I had to leave NY. I live in Tulsa now and pay $1400 for a 3 bedroom, 2 bathroom with a yard, garage, attic, shed and 1500 square feet! I loved NYC but too many factors pushed me out. My peace of mind means a lot to me.
You like in Tulsa though. There is no comparison. And if that's your real picture, all of your neighbors, and your elected officials, hate you and think you just ruined their property values.
How much are you paid in Tulsa? I know that I make more than the average childcare worker makes in nyc, so moving to a place like Tulsa or Navada and taking that pay hit is scary
I had to move out of Brooklyn in 2019. I could not afford the $1800 for a one bedroom apartment in Brooklyn. I searched in Queens. I could not find anything in my budget. I moved to upstate New York at the end of September 2019. It was a great decision.
You should move to Allentown or Harrisburg, PA & buy a 2,000 sq. ft. townhouse with 3 bedrooms for around $200K. The home will need work, but many of them have the original parquet wood floors, mouldings, and features, and would be worth the work. Those homes may also have a front parking space, a small backyard and a basement.
i did exactly this - i left brooklyn (found out the apartment I left was renting for over $1000 more than what I was paying for it). my 15 year mortgage for my 3br house is less than any amount I've spent in rent in NYC with the exception of a studio rent stabilized apartment I had 10+ years ago.
Thank you Cash for being so transparent on how your living situation is.. As a fellow Brooklynite the cost of living is crazy and honestly I never thought it would be like this I downsized and moved back with my parents at their house and just saving but in all honesty I probably wouldn’t live in NYC anymore
Younger people are moving out in droves because they can't afford to live here anymore which begs the question, how is NYC going to support itself in the coming years if it's driving out all the able bodied young workers? Seems like a house of cards about to collapse. The government needs to do something asap
@@bananafyan Graduates coming out of college aren't making 120K a year (which is what this tiny apartment would cost). Those that are making 120K a year are a minority, like ivy league graduates and doctors or they have rich parents that help support them. The average american makes 60K a year. How the hell are they going to pay 120K a year for a one bedroom apartment? (and that's not even including expenses like food, water, electricity and gas)
@@distantraveller9876rich white kids from mid west and all over America are willing to over pay for rooms just to live here with most times daddies money , look at Williamsburg, greenpoint , downtown bk , now even in queens ridgewood , these people aren’t from nyc , they move to cheaper neighborhoods to be one with the culture and not to pay Manhattan prices and then kick out the original people because they brag to their friends that everyone should come here because it’s cheaper , then they protest that they stand with the poor people they removed from there neighborhoods
@@distantraveller9876 simple. they are making nyc a place for the wealthy or rich people on the way to being wealthy. By next year it will cost 20 dollars just to drive through manhattan. If you don't have a car it will still affect you because your uber ride will transfer that fee to the passengers. Nyc will be a place for the poor who get government benefits to stay and the rich who can afford to live their on their own. The middle class will be pushed out of nyc.
Don't know what I'd do if I hadn't left NYC 25 years ago. After a slow trek northward over the years, I am settled in a rural area hundreds of miles away. I watch these vids to remind myself that no matter what happens, I made the right choice for myself. There are great memories of my former life before I left, and I'm glad for the experience, but knew when it was time to move on. Chuck in Northern New England
Yes, I have, in the change of seasons, the beautiful terrain, the wildlife, the domesticated animals, the farmers markets and the unique savviness of the natives. Though I'll always be considered an outsider, that's okay, since no place is perfect. It's more of a joy to live here than a pain. It's a place where I can relax and breathe... @@fatuousinnovatorofsadness4640
As a NYer born and raised here. It is not worth it to move here. I am always contemplating leaving this city for good. It is sad because I am one of the last people in my family to stay here as my parents sold my childhood home that has been in our family for 3 generations. My dad's aunt came from the Dominican Republic and ran her doctor's office out of it then she sold it to my dad at a very affordable price unfortunately none of my siblings or I could’ve kept it or maintained it and my family was struggling so the house was a good way to make some money for when my father retired. Ever since then, I have been hopping around from neighborhood to neighborhood. Finally, I settled in Harlem where I live with my sister and my girlfriend. The rent wasn’t bad when we first moved here but it keeps going up every year and eventually, we are going to have to move again. Don't come, it is not worth it, move to a major city near you or a smaller more affordable city near you. Build up the community and the culture in the small city near you, it probably needs it. NY is oversaturated, honestly, it is not even cool anymore. Everything is an overpriced gimmick and extremely cringe. The people you will meet will be out-of-towners who will only be friends with you if they can use you if not they are stuck up. It literally feels like the worst people come here, which makes sense because it is a bunch of rich privileged a-holes who can afford this insanely expensive city.
I know how you feel somewhat, but as a Miami native, eventually I'll just have to buy a place there because even in our digital era, the only two higher paying jobs that are mine anytime I want are based in Manhattan. I'm already spending more on cost of living here in South Florida than NYC would cost me because of high cost of keeping a new car, etc... Also, I don't mind paying and arm and a leg in rents because honestly, the freedom to be able to get the hell away from unpleasant neighbors without having the burden of property taxes, etc, is wonderful.
@@ungrateful-66 I have family and friends from Miami and some of them had to move too because it was getting too expensive. It really is a national problem. I believe the root of the issue is the over privatization of the housing market as much as some people don't like to hear it landlords should'nt have this much power. There needs to be some regulations to help regular people out because this is really unsustainable. Idk if you agree but that's how I feel.
I left NY for NJ in 2012 for a new job…. Thank God that opportunity arose for me because I have no clue how I would be able to sustain myself living in NY today. Unfortunately, now there are many people moving to NJ because it’s more affordable than Brooklyn so obviously the prices here are also rising rapidly (sigh)
My 85 year old aunt is one of the many leaving. She has lived in Brooklyn for about 71 years and lived at her current resident for about 50. She was going to renew her lease but these crazy people want her to pay a deposit equal to her newly increased monthly rent, along with the increased monthly rent for the apartment she has lived in for 50 years!! Her and her husband live in the apartment. He unfortunately went blind and is now on disability and she is retired and they are both on fixed incomes. They will be moving out of state to live with her daughter until they can find affordable housing.
What kind of building does she live in? Based on your description she is quite possibly either in a rent controlled or rent stabilized unit. Basically, if her building is “old” (roughly built before the 70s, with 6 or more units) then she has significant legal protections against this kind of behavior. You should look into it.
No that's just crazy ! I don't know what people are going to do ,it's just getting worse every day 😢 . I think they want to eliminate the middle class completely ,some day you will either be dirt poor ,living in a box ,or rich living in a mansion . Just my thoughts . Take care ❤
They're waiting for them to die so they can house newly arrived undocumented immigrants for free. They want the average American homeless by 2050, "You will own nothing and be happy".
I was born and raised in Brooklyn. They've been coming since the late 90s. Before the pandemic. Before remote work. Brooklyn was cheaper, cooler, less stuck up and the apartments were bigger. I got priced out of Brooklyn almost ten years ago. A lot of apartments were deregulated. I miss Brooklyn. Everything is going up but our salaries. If you can afford $4500/month, you can afford to move someplace cheaper. I'm trying to save up to leave.
I was born in Brooklyn in 80 and raised... the GENTRIFICATION BROKE my heart and I moved in the mid 2000s... I love my home but I dont recognize it anymore. My ppl started to be pushed out of Brooklyn back in the 90s when Juliani took office. The home of Biggie... the home of Jay Z... its very sad to me what has happened there. 😢 6:25 Not than ever before... its now affecting all the TRANSPLANTS. But native NYkers were priced out long time ago. We were pushed out to make room for the gentrifiers... now I guess even the hipsters are now being priced out.
This is a great eye-opening video. I have lived in Brooklyn all my life. After living in 2 rent-stabilized apartments, I decided that co-op living was best for me. Co-ops are not profit-making entities. In a co-op, the maintenance costs do not shoot through the roof and they don't rise as quickly as rents in non-co-op apartments. Shareholders/Boards have a say in the maintenance cost increase amounts. In my experience, as long as the property is well maintained and the corporation continuously maintains a healthy Reserve Fund through regular small maintenance increases, the living experience has been favorable.
Also as you age and your income is less, like SCRIE for rent stabilized tenants, co-op tenants have the same thing to freeze their maintenance, which is a relief after a certain age. (I forget what the acronym is for it)
I soon am about to become part of the Homeless Population here in New York. I'm 22, dropped out at 16 because my mother died and I had to take care of myself, working under the table jobs until I turned 18, now? I work as a "Team-Lead" at CVS, I can't even afford to take time off to go back to school, and my rent just went up another $500, and I'm thinking about just giving up and sleeping on the streets. I already work 110 hours a week, I just simply can't handle much more.. I'm literally on the verge of just simply... S**icide. This Economic System is going to resort in a Genocide of the Poor and Vulnerable.0
It's not just happening in NY- it's everywhere. I had to move away from a big city in Europe where I went to university and spent 10 years of my life, because they refused to do any upkeep in a 120+ old appartment (think: leakages, mold, etc.) and it was becoming unliveable. Plus the lease was temporary (turned out to be illegal, but only found out too late). If you want a liveable appartment in a big city, it's unafforable, if your place is rent-controlled, it's often still way too expensive, they don't give a f* and there is no upkeep. Housing should not be an investment opportunity or a way to get rich. Housing should be a right.
@@augustojoseramonpinochetug5235 You are TRIPPING. These prices are outrageous. They’re quite literally pushing REAL NYers OUT of NYC and replacing them with high end techie / media / business types. This is not a matter of race or religion or anything anyone wants to point at. There is a clear problem and no solution has been presented at higher levels.
@@augustojoseramonpinochetug5235 this comment is so out of touch. They were already living were they could afford, and they were also working hard. The problem is that rent keeps going up and salary is stagnant
Thank you so much for these daily uploads, educating new yorkers and outsiders (I'm Irish but have a deep fixation with NYC, so I love learning about every aspect of it). Really do appreciate these high quality videos and the interviews provided.
Visit. That will erase your obsession. Better to just visit there. When I lived there, I was working so many hours to pay bills that I went out less and less to enjoy the “culture “.
In my time in the 1960s Brooklyn was at best an average of 500 dollars a month for a 2 bedroom apartment. We lived in the Borough of Queens, NYC, one of the 5 boroughs of NYC during the Mad Men era.
As a San Franciscan, I literally cannot believe nyc rent can be THAT MUCH HIGHER than my city’s, which is already quite high. Manhattan is now maybe 60% more expensive than SF
I respect you much more for giving us insights from your personal space. By providing your viewers an idea of what your expenses may be, you are very human in addition to being an influencer/content creator. Thanks, Cash Jordan, for being an authentic dude, always and forever!
That apartment is a bargain even by Brooklyn rates, and it probably will be rented tomorrow. Those of us that have followed Cash for several years can remember when Brooklyn was almost affordable by servers and store clerks, but now apartments there are becoming out of sight. If the "average" apartment now requires a $224,000 income, there can't be enough units for the below-average income workers. No, I would not move to NYC under any circumstances. Maybe life in affordable cities wouldn't be as exciting, but it wouldn't impoverish me.
Seriously. How and where are restaurant workers supposed to live? NY has one of the best restaurant scenes in the world and it just sucks that majority of people are being pushed out.
@@distantraveller9876I agree place looks like a jail cell I live in florida no state tax and I pay 2200 for 3 bedroom house the prices yall paying in new york is insane your paying huge money after being taxed into oblivion to be stacked up and crammed into little boxes and ppl will say it's a good deal lmao it's crazy yall have been conditionEd into this 😂
@@StackinGreene I can't wrap my head around it either. You'd need to be making at least 120K a year just to afford the rent, and that's not even taking into account your expenses. Most americans make 60K a year on average. It's absolutely CRAZY.
It's not just NYC. I'm in a small town in Ohio. When I was getting divorced four years ago, I had no trouble qualifying for a mortgage that gave me a decent choice. No mansions, but decent, small houses in decent areas. My attorney advised me not to buy at that time, given how contentious the divorce was, primarily. So I found an apartment. I'll probably never qualify for a mortgage again - and my income has increased since then. I love this apartment, and would happily stay here long term, but I've been told the rent could go up as much as thirty percent next year. I can't afford to stay, but I can't find anywhere I can afford to go. At sixty, I don't see retirement EVER being a realistic possibility. I don't know what anyone anywhere is supposed to do.
The USA is literally failing its citizens when it comes to housing. It’s like everyone is just being left to fend for themselves. But look at the billions of our own tax dollars they ship out to other nations for war, nations who’s citizens aren’t struggling to find housing, or healthcare, on our taxes. Meanwhile at home we’re left to live like slaves. It’s crazy.
I moved to nyc from a small town in Ohio for this very reason; roommate culture is so scarce there that I think my chances of finding housing were much slimmer there than here - not to mention they want ridiculously high credit score requirements and minimum wage there is even cheaper than NYC so I couldn't even afford the first month's rent and security deposit there. Glad you love your apartment now but I totally understand the anxiety of what to do next - I have friends who are married sharing apartments with other couples because the cost of living and the college-grad income are so disproportionate. Wishing the best of luck to you; the country as a whole needs to get these cost of survival issues under control!
As a NYC resident I've been checking rents consistently. 5600 a month is the average rent for Manhattan where the rich live. In the other boroughs the average rent is between 2000 and 3000. I also check other cities and a lot of places now (they used to be cheaper) have rents that are similiar.
I’m a hour out of the city, and the rents are just as high as the city. It’s ridiculous and these greedy landlords won’t be keeping tenants very long with these prices! They are doing a good job getting rid of NYers!
I moved out of NY years ago for this very reason. As much as I loved living in NY, I wanted to buy a house and that wasn't an attainable goal. It's actually easier to live in NY as a single person willing to live minimally with several roommates than a family trying to come up with $6000/month rent. It's ridiculous.
👏👏👏👏👏👏more people should do it. Work from home is good so people can choose and move in better more affordable places. - fight the extreme greed and Fxxx the greedy real estates
This is why I live among food and farmers in Kansas, 5 bedroom 3 bathroom 1900s 3 story house all original wood work all vaulted ceilings on a half acre... 130k fuck the cities.
Gentrification has become a massive issue all over the country but in NY it is on steroids I’m a NY native grew up in the Bronx and the prices are insane native have been pushed out to make room for well to do transplants that have destroyed the soul and culture of our city and to be honest channels like this is adding fuel to the fire
It's not gentrification, it's just a housing shortage. Instead of trying to pick who deserves to live in NYC or not, they should just build enough housing.
I have gone through this same thing as a native in San Francisco. They push out all the natives and people who cared about the city and then ask why it's a hellhole with no culture left.
@@kuraichyan I feel for you on that one I’ve spent some time in LA recently and wanted to visit SF and it’s just sad from what I’ve heard big tech and real estate speculation destroyed that city
Cash- The high prices for housing in New York are ridiculous. I just read an article yesterday that stated 500,000 people have left NYC in the last year alone- due to the housing crisis. I think one thing that has been an issue is their lack of focus on Foreign dollars buying real estate in the US. If you look back further you will see a pattern of NYC costs sky rocketing since the 1990’s. With the unimaginable amount of refugees being sent to NYC ( which is the stupidest place they are being sent) All that is happening is panic pricing. The more new construction and competition is driving up costs while sucking resources away from the citizens and lining the pockets of those already wealthy. I think this is another exceptional piece of advice and reality check everyone needs to see. You are doing a great job! Keep going!☮️👏👏👏👏
I’ll tell you being a PA resident. Cash, move to PA. You can buy a nice house in many parts of this state for what you’re paying in rent and you’d have a lot more space. There’s mountains, rivers, there’s fresh air and there is nature. Wherever you are in this state, you’re not far from big cities like Philly, Pittsburgh, and Lancaster. The winters aren’t horrible unless you live north of interstate 80, they’re actually fairly mild. If you move to central PA, you can be close to State College which is a happening and growing area. To outsiders, PA has a terrible stigma. I personally think it’s the perfect mix of urban and rural. There’s so much more here than people think and it’s well worth researching
It’s not just New York, it’s the whole country. We’re just seeing more drastic changes in New York City because it is a big city with lots of people so more complaints come out of it in the end. Here in Boulder the implemented a sugar tax (12 cents per fluid ounce) and then Colorado LOST its title as healthiest state in America.
A sugar tax on fluid ounces, so presumably a tax on soda? Is it also on baked good, candy, and foods like sauce that have added sugar? What about maple syrup, or agave syrup? Do they account for the concentration of sugar in a syrup vs a soda?
I live in a suburb of Atlanta in an older 1980s apartment. When I moved in in January 2020 the rent was $1200 for a two bedroom , now it is $1700, a $500 increase in three and a half years. So it's everywhere.
It’s insane that you can make in the low six figures (which used to be considered a great salary), and you might not be able to find (or get approved) for a place to live! I am a native New Yorker and I have never seen rents skyrocket like this!
My first Apartment was $140.00 in 1972 @ 1715 Union Street, Brooklyn. I lived on the 3rd floor. Curious to know what the price is today. Don’t know where people are supposed to live with these crazy rents. I would move back to New York, but I would have to be a multi millionaire to afford anything decent. I see that even Queens is becoming unaffordable!! Keep up the good work! Thank you for showcasing New York!
I saw this apartment on zillow. It's too expensive for me.🥺 Just a 1 bed room is $1800! I don't want to live with roommates. My own mother was a roommate and she is my worst roommate.😡
Not much has changed. I grew up in Brooklyn and when I became an adult in the '90s I couldn't afford to live there either (except in extremely dangerous areas which are now beautiful). So I had to move to Staten Island which was a little bit cheaper. When I bought my first house, the rates had come down and I got a mortgage at "only" 8.125%. Later I realized NYC is just an expensive rat race so I moved south.
I soon am about to become part of the Homeless Population here in New York. I'm 22, dropped out at 16 because my mother died and I had to take care of myself, working under the table jobs until I turned 18, now? I work as a "Team-Lead" at CVS, I can't even afford to take time off to go back to school, and my rent just went up another $500, and I'm thinking about just giving up and sleeping on the streets. I already work 110 hours a week, I just simply can't handle much more.. I'm literally on the verge of just simply... S**icide. This Economic System is going to resort in a Genocide of the Poor and Vulnerable. I can't even afford to save to leave...
@nunyadambusiness3530 This sounds awful, keep your head up. It sounds like you will need to make a change for your physical and mental health. Its easier said than done, but if you can move out of state, somewhere more affordable you should definitely consider it. Maybe see if CVS can transfer you to another branch in another area or even just get a referral.
Thats the thing, I can't even save up to move. Management doesn't give a shit, I work 60 hours a week at CVS, I work DoorDash 20-30 hours a week, and I do RemoTask (work from home) another 20-30 hours a week.. My credit is trash, everywhere wants First, Last, Deposit, & Fees. I'm trapped in this city. Every paycheck I'm left with just a couple dollars. I'm 6ft and 105lbs, I'm literally starving myself so I can afford shelter & utilities, I eat ramen every other day. Rationing Food & keeping my Central Heat & Cooling off 9 months out the year so my bill doesn't get too high. It's a dystopian nightmare here, DO NOT move here, if anybody you know that you love dearly ever gets the "Opportunity" to move to NYC, please steer them away from it... I'm typing this out on my break, and then repeat this bs thing we call "life" every day. Literally just might off myself so I don't have NOTHING to worry about, its really depressing at best. America is only a "good country" if you have a good upbringing, and a family that can help support you, otherwise, you're just another ant in a breadline colony.@@lTheRealDealGamingl I'm so miserable & tired its unreal.. I am the last one standing in my bloodline, 22 years old, and alone, I need help so bad but too scared and too "prideful" to ask for it.. I have no one & nothing.
@@nunyadambusiness3530I'm from Jersey but used to visit the city when I was young. Check out Kansas. It's a beautiful, very affordable state. I believe it's the third or fourth cheapest states to live. College towns with people your age. Check it out you never know. I lived there for 15 years and miss it. Stay strong kid. Sometimes you just have to relocate. NY is an overpriced dump.
That apartment is twice my mortgage in NC; which in turn is twice, if not (3-4)X more than my parents. There are a ton of NY and CA transplants in my area now. I'm grateful I got my own home now.
As a born and raised Brooklynite who is also a 90s baby millennial, I've been complaining about this for years. Even back in 2016 when I would voice my concerns about gentrification and all of these nepo trust-fund babies moving to my neighborhood and Brooklyn in general, I was met with a lot of criticism and pushback by said "liberal and progressive" nepo babies and just brushed off as bitter. The ones who were all about "dismantling systems" and "anti-capitalism" were taking the corporate greed bait. I had a right to be frustrated given that even back then I was unable to move out of my family home despite being educated and working two jobs. Now in 2023, these so-called progressive transplants (who wanted a hip and trendy place to live that used to be majority black and brown) are complaining about rent and not being able to afford life right now. The writing was on the wall for over a decade but now that it affects them we have to address it.
@@karlwithak. that is not exactly how it works. TLDR; demand is what allows landlords to get away with price hikes, too many people are willing to pay the higher price for the area so it works. The only thing that talks here is money. Yes in part it is greed but it is due to demand. Demand allows them to charge that much more it is the reason they can get away with charging more for rent. They do it cause they can. If they raised the rents and no one moved in it, it would not stay high for very long. The housing market rises and falls based on demand in a particular area typically. For instance, the down town area of my city it is more expensive, because it is close to the more recreational things in the city. Areas around schools also trend higher due to these areas being ideal for families. The problem a lot of the major cities are facing is that everyone wants to live in them. These are hot spots. If you want landlords to not charge so much for the land then your mission would be to some how turn people off from the area. Figure out a way to turn off anyone willing to pay a higher price than you for the area. The only thing that talks in business is money. You also must take in to consideration of inflation cause yes that does also have something to do with it (despite what you may think). When prices of everything else goes up, do you honestly think a business man/woman would want to take that hit and feel that impact themselves? no they wouldn't so they will push that cost on to someone else if they can. So if they are renting out a property, instead of taking a hit for that can of beans now costing $4 a can that use to cost $2 a can, they could just raise their tenants rent by $2 so they don't have to feel that price hike so much. It doesn't matter if they are already wealthy or not.. So yeah.. greed is part of it but there is a reason these things happen.. You have three choices really crappy as it may be, either deal with it, gtfo and live somewhere more affordable than a high density city, or you can try to fight it but the only thing that talks in this society is money so the battle is hard.
that's crazy because I'm from Denver and a ton of people come to my city from NY and mess up traffic. be real most people from the city end up moving to the burbs
There ARE available apartments in NYC- but many landlords deliberately have been hiding ("warehousing") them- leaving them empty and off the market- to artificially create a deficit and jack ALL rental prices up. Sometimes it is because the landlords never bothered to update them from the circa 1960s/70s dumps they are. Now there are many new or renovated buildings in the city and landlords don't want to invest the money to fix them up enough to compete with the nicer units- so they leave them empty. It's really sad. I moved here in 1988 and lived in Chelsea with one roommate, waiting tables part-time and going to school. By 1990 I had moved to Brooklyn- first in Cobble Hill and then Park Slope. And when rental prices started going up there, I moved to Astoria in 2000. And Astoria used to be one of the few neighborhoods where you could find a nice, affordable apartment with a quick commute into the city. But by the end of 2022- that ended too. Now I live in Westchester- also over-priced (IMO), but better than the city- quieter, much safer- and nothing is locked up at CVS.
I live in Arizona, in a low-income apartment facing the mountains, with free water all for $255 a month because I am disabled. I consider myself extremely lucky and would never return to New York even if the apartment was free. Getting out was the best decision I ever made.
@@quetzalcoatl9993if you like driving everywhere and people driving massive child killer pick ups recklessly, you'll be right at home. Also smog is really bad. Also depending on where you go, good luck doing ANYTHING without driving.
I am an arkansas can I come live with you😂😂😂😂.. That is pretty cheap.. If it wasn't so dangerous to give out Names addresses and phone numbers I would ask you to give it all to me.. Pretty sad you can't do that anymore right..
Two years ago we moved into a big beautiful apartment in Bay Ridge Brooklyn. One bedroom for $1675. Two years later, our rent has increased to over $1800. And even signing the two year lease this time, I was shocked to see how much it had gone up. I was born and raised in Brooklyn, my family is mostly all here, but these prices are really starting to worry me. We might not be able to afford it soon 😢
As a former NY residents that was born and raised I'm telling you to move SOUTH. Best choice I've ever made. My family from the BX and Harlem love it down here. The cost of living is going up but nothing like NY.
Sigh......hearing this is so disheartening. As a new resident to Brooklyn, transplant from the midwest, NYC living has always been on my to-do list as an adult, but as what cost? Why should I, someone who is closer to 40 than 30, have to decide to live with strangers to struggle? I am lucky where I am currently at, 2-bed for under 2,000, but when will it end? In the back of my mind, I am already preparing to leave when the evitable rent increase comes and I can no longer stay here. No wonder people stay in broken relationships just to keep an affordable living.
Agreed. I have lived in South Jersey my entire life thus far, I am closer to 40 than I am to 30, and I wanted to move to Brooklyn one day. That seems like that will never happen now.
NYC is an experience, better to travel and visit than to live here permanently unless u can find and keep a rent stabilized apartment. I got lucky in that regard. I used to live and grew up in the Midwest but I was born here and came back 16 years ago. If I did not have decent rent in a decent neighborhood right next to transportation I would have moved out ages ago.
I live in Montreal. It has a the same population as Philadelphia. It quite dense with a big downtown, a metro system and bus lines that go everywhere. Cost of living was really cheap but it went up quite drastically in the last five years. I'm lucky to have a 1 bedroom apt that cost only 595$ (432$ US) with a full kitchen, nice bedroom and a big living room, hardwood floors, 11ft cealings, two balconies and a grass backyard in a quiet neighborhood 25 yards away from a big park along the St-Lawrence river. The only problem is that as the second french city in the world besides Paris, you might need to learn French for better job opportunities. I love New York but Montreal could be a second best if you can tolerate long winters.
@@virtuallifter2438 Modern Québec was built on social-democratic values and our eyes were set on Sweden more then the US for model although being in North America we never could completely accomplish what they have. Liberal values are part of our core identity and religion was out the window half a century ago so we will never be a conservative society.
Native NY'ers have even left....forever. I live in a smallish town in a southern state and the amount of native NY'ers I meet DAILY is insane. These are the people that 'would never leave', the people born and raised, generations of them, in places like Bensonhurst and Bay Ridge. None of them I met have any intentions of ever going back, most of them express extreme disgust for what their home has become.
Yup. Native New Yorkers are very rare to actually see in NY these days. They were all priced out. Whenever my family went to southern states for vacation we would always meet native New Yorkers haha
This is a NY problem. You have to make $100,000 a year to comfortably live in a one bedroom apt. Go most other places in the country and you can buy a house wind acres of land with that salary
People would rather go homeless than down size and move to the country side. Where i am you can rent a 2 bedroom house for $400 a month I cant imagine paying over $3000 for a room that can barely be considered a studio apartment.
I was just in brooklyn this past weekend for my sister's funeral and I thought about you. At first i felt prepared because i saw the videos beforehand about the poverty, the inflation and the delivery bikes but when dad picked me up from the airport, i was not prepared. Everything in the local supermarket had such insane prices, bikes were cutting us off left and right, and random people kept coming up to me and my stepmom offering assistance with out bags so they can get a bit of money. I'm also very suspicious about the Williamsburg Houses and other NYCHA developments being converted to section 8 housing because NYCHA supposedly needed to leech off private companies to get repairs done. To anyone outside of NYC reading this, NYCHA is section 9/public housing. i don't know how this affects rents now, but who knows how this works out long term, especially for those who lived securely in NYCHA apartments for decades. The future is scary. I was actually given a job offer to move back to NYC recently, but the starting pay was only $55k and that's probably way too high for section 8 eligibility and way too low to afford a free market apartment without the terror, depression and insanity that is "living with roommates." Cash, I wish you and your family the best when it's time to get a new place. I love your tornado kitchen. it's probably a hassle to cook in, but it is the tornado kitchen of a happy and well-fed family.
I live in Brooklyn. Grocery store prices here are not much different than other places. I understand not wanting roommates after you reach a certain age, but "terror"? Come on.
@@GregRosenbaum-j5jno it’s terror. I never had pleasant experiences with roommates. I moved out to Virginia and have my own place for 1600 with actual walking room and a balcony. I don’t miss New York
Pretty accurate. It's actually cheaper for me to shop at Whole Foods/ Trader Joe's than the local supermarket / bodega. I feel you on the bikes. Almost hit one the other night because dude had no lights/reflector beams. Feels like I'm living in Gotham City mixed with a 3rd world city. I'm trying to convince my fiance to move. We both have family that still live in NYC . But I told her there's no way Im buying a house here. City is on a downward slope that typically takes 20 years to recover from. Dont wanna be around for a repeat of the 90's
I left Manhattan 23 years ago for a tiny, run down former summer bungalow on the Westchester/Putnam border. I had to learn how to drive at age 54. A relative gave me an old junk car which I drove for 6 months before it fell apart. I got a car loan for a new car, a new job 20 miles away. I learned how to drive through snow without having a nervous breakdown. I saved money by buying used clothes, used furniture, and even got a used dog from a shelter. Within the first ten years of home ownership I had to replace the roof, the furnace, the septic, the hot water tank, the holding tank for the water that came up from the well, the bathroom, half of the kitchen and all the outside doors. But guess what? I couldn't be happier living up here in the country.
I'm glad someone is speaking up on this!!! Living in New York is so unaffordable, and I'm literally going down every avenue agencies, NYC housing lottery, the WHOLE nine. Plus 3k is not even affordable when you have to make 40X that to even be considered not selected considered. Not to mention wages can't keep up with inflation now and the shortage in housing inventory is crazy.
I used to have family in NYC who left not too long ago. Some of them lived in slumlord apartments. They hated it but they paid really cheap rent which kept them in the city working and saving up to leave eventually. I think that NYC is meant only for the rich if you really want to enjoy it and not live in a trashy area or barely affording a decent clean apartment. I don't know how much longer the working class can stay there. Eventually the rich won't even be able to find local people to do repairs or to clean their expensive apartments and businesses.
Me and the wife bring home 180k combined and honestly we are thinking about leaving.She can work anywhere in the us remotely and I’m a blue collar worker with 9 years experience. We have thought to leave as much as we love NYC born and raised here but when you go visit other cities and their suburbs factoring in cost of living and wages it seems like the obvious choice.
My wife and I just moved out of NYC two years ago. She still works in the city, she's a school teacher. We moved into the suburbs in NJ and our money goes SO much further here! We bought a house about 15 minutes from Staten Island. There is ferry service now about 10 mins from our house that goes right into the city. There is the train that takes you into the city as well. She drives but there are other options if driving wouldn't work for you. We are so much happier here and moving from NYC was one of the best decisions we ever made!
Yikes!! I knew it was expensive to live in New York, but this is getting scary, I live just outside of Baltimore and I am retired. I cannot keep up my house that I've lived in for forty years. The property taxes are out of control. I just signed a lease for a senior co-op apartment in the area. I was really lucky to get in. Hope you can stay where you are as long as you can. Love these news reports. I think you have found your calling.
DC creep. More people working in DC have to go somewhere. It's a short commute from Baltimore or areas like Ellicott City or even up towards Fredrick. Once the govies start looking for houses the wheels come off for locals or long time residents. One of the many reasons I left MD.
The really scry part is these people ARE LEAVING .....and going to low tax and cheaper TO LIVE RED states ....the only problem they are bringing their LIBERAL ASINE DEMOCRAT THINKING WITH THEM...this is all part of the plan...to turn states...Texas is becoming dangerously purple........
This is why even having a mortgage already paid is still hard cuz property taxes will creep up on the elderly retire who berly finish paying off there homes just to be slap by additional fees while on a fix income . Seems like capitalism tries to cut you one way or the other
I am a Brooklyn landlord. Here is why rents went up 25% over a very short time: in 2018 if you were looking for a Brooklyn apartment, half of the available apartments were rent stabilized units. In 2019 new rent laws passed removing all incentive for stabilized landlords to rent their apartments. So now not only do you have less availability, but those that are available are free market! In addition, it will only get worse! As tenants with stabilized apartments move out or pass away...those apartments will be deliberately be kept off the market. This will cause an additional strain on the available apartments. I saw this coming back in 2019. Every landlord saw it coming. Only the city with their stupid idea of hurting landlords didn't see this coming. Landlords are protesting against these laws by getting out of the landlord game. You can't loose if you don't play. As a landlord, I can't blame them and would do the same if I was in their shoes.
We left for Philly in 2021 bc we couldn't afford BKLYN any more. We're all native Brooklynites. My family goes back 3 generations in Bklyn. We were able to buy our first home in Philly. There was zero chance in NYC.
The cost of living in NYC and Brooklyn has been high for years, but the current rental price gauging makes it infinitely worse. I keep hearing of friends who live here in upstate NY and are moving to places like North Carolina. This is a rental crisis and at least here in upstate NY certain specific groups are making a shitload of money off of it. Shame.
I left London late 90s and now own a 3 bedroom, 2 bathroom, 2 reception room, front & rear courtyards, large kitchen & dining room. The property cost me £160k…..the same property in London costs approx £500K
This is happening all over America . These huge increases in Rents are putting strains on Families everywhere . With Homes being almost totally Unaffordable for the Middle Class . Rents will only continue rising across the Country .
@@marionmarino1616 To each his own I guess? But for $3200 a month it seems like a terrible deal to me. The private yard is the only good selling point but it's not exactly the garden of eden either.
I Live in the country 15 minutes from a small town , i cannot imagine paying any where near this amount . My heart goes out to these people 😢, its just insane ❤
@@brutaldabs5829 I did work hard. I was earning a whopping $20,000 salary as a senior technical writer when I retired in 1985. COLAs haven't kept up with inflation.
This is mind blowing to me. I live in Georgia about 45 minutes south of Atlanta and I pay less than $900 per month for my four bedroom, two bathroom, 1,900 square foot house on half an acre that I own.
I'm in a rent stabilized apt in Brooklyn and my rent went up twice this year. I've lived in the same apt for 10 years now, and I'm struggling with the decision to stay or move back home to VA. It's gotten super ridiculous here.
I’ve lived in the same place for 27 years in Queens. I started looking for a new place in February 2020. Of course we all know what happened in March 2020. By the time I felt comfortable looking again for a new place was in April 2021. By then rents went up $400-500 a month. I currently have a 2 bedroom in a private 2 family and pay $1K a month with all utilities included. I want to move to get into a better neighborhood and my landlord is now elderly and doesn’t keep up the property like he used to. I have spent my own $ painting and renovating. I have ceased all renos because my rent went up from $800 to $1K in September 2020. It was $800 for 7 years. He wanted $1.2K but I said it wasn’t fair. I’ve lived here so long and I do a lot of maintenance in and outside the home that I have never been paid for and I earned my low rent for being here so long and putting up with the lack of renovations. I tried the lottery apartments but at my salary, I would have to still pay $1,600 a month for a 1 bedroom. I’m too old for a roommate and I cannot deal with a messy or loud person again. I had a roommate until 2004. I’d rather get a studio or stay here. Ppl are moving from Bklyn to Queens because they are being priced out. I didn’t want to pay more in rent because I help my father with his bills but it’s getting to the point where it’s not worth staying anymore. I will just have to help a little less. For the first time I’m considering moving to NJ.
Although I am a transplant, I moved to NYC 25 years ago, towards the end of the 90’s.. right before 9/11… I had visited at least a dozen times before that and kinda feel like I got to catch a glimpse and experience the charm and character that has been now almost completely phased out of the city. There were street performers and traveling musicians.. I have not seen anyone with their guitar on their back for a very long time. Just as a small metaphor. I kinda have that gentrified white girl look about me but, I’m considered by locals to be more of a staple, especially in the downtown area. As I aged and now in my early 40s, I started to fall more in love with my authentic hippy at heart true self, which at its core does not exactly fit into the manhattan scene anymore. Even in the early 2000’s it was still super eclectic and unique. People say it’s this “culturally diverse melting pot” but, please understand multi ethnicity is not the only factor in making s place diverse. Cultural diversity involves people from all different classes.. not just finance bros and trust fund kids weaves in with the rent stabilized minimum wage old timers. Nyc is now loosing everything that is in between the two. A place is no longer that interesting without an abundance of dynamics. Struggling artists etc are no longer able to afford it, so, what is truly left of the cities “unique charm” aside from it being walkable and aesthetically pleasing? For me what still pulls me in is the geography of it. Being able to walk around everywhere with so much life around me. I’m still there monthly for a part time job while I’m finishing some final details on a new career elsewhere.. it’s extremely bittersweet and it still does feel electric but, a place like that cannot exist the way it’s been so famously known for without it’s mix of people. I left in ‘21 and before I did I would do “forbidden” things like purposely wear flip flops to the deli since that’s a big fashion no no. I obviously would not wear flip flops all over town since it’s dirty but, it was funny to kinda rebel against such s highly fashion conscious place. Last month I wore my pjs to the deli ha. Ironically for my work I kind of have to “look the part”.. and I’m the only one that knows I feel so out of place amongst this elitist culture. I definitely resonate more with like, mom and pop old school business owners that I know and just more every day people. Deep down I’ve dreamed of moving back after saving money with my soon to be new career but, honestly, I don’t think I can do it. I’m holding onto a dream of an environment that will never be the same again. Last month I sat down to meditate at a friends apartment, and something told me to open my eyes.. I looked down and a giant roach was crawling towards me. I CANNOT handle the rodents anymore. The seriously freak me out. For the type of place I can afford, it would definitely more then likely have rodents unless I got really lucky. I don’t wanna hear any comments like “Ha even the transplants are complaining”… I’ve been all up in that bish since the 90s.. I’ve done a lottt of time, made a lot of history.. and I would not take any of it back. My last apartment was smack dab in middle of the loudest block in the LES. My former employers got it for me, so at the time, I couldn’t complain. That was the only time in 25 years that my rent was paid, and the most hellish experience to date. Even old time LES biz owners that had to close during covid are calling that area “a wasteland “.. and that’s coming from some real OG’s. I’ve had to learn to stop reliving a fantasy that will likely never come back to life and from the city or not, it’s still been heartbreaking since I spent half of my entire life there. I am not going back to a place where I constantly have to feel inadequate and struggle to survive. And, it’s sad that even making something like 6k a month has to be considered struggling. All I can say is, I’m so grateful for the memories of being there when it still felt authentic.. at least the first ten years or so I was there. I actually stay in Chinatown now when I visit, and I like it because it doesn’t have that snotty vibe that most all other areas of manhattan have. I only went to BK once in the last few years and when I did, I got robbed at a cross walk in broad daylight.. even in just a hoodie and casual understated clothes so, even if BK is safe now, for a 5’1 lil white chick based on what happened to me, I’ll never feel safe there again. And yes, I know, it’s happening more and more NOT just BK. I’m hip to it. And as far as the subway- that’s a MASSIVE HELL NO for me. That’s basically asking for it nowadays. I feel awful for people that have no choice but to take it. Things are not safe. I did my long winded nyc nightlife era and I’ll never forget how special it was but, that’s when there were people with Mohawks and head to toe tattoos running around, mixed in with the snobs and socialites. Sometimes people change and I’m just way too earthy and non materialistic to even bother to want to fit in. It grew increasingly awkward for me. I would be lying if I said my life is anything near as exciting as being in the city but, I can whole heartedly say I maximized my 20’s and 30’s and it was epic. Last month I tried to force myself to socialize and everyone I was with from my past was basically just doing cocaine and name dropping celebrities that they knew. My eyes couldn’t stop rolling with distaste for this superficial and toxic culture and I left as soon as I could. Who knows where I’ll eventually end up but, I don’t think it can ever be there again. The plot has been lost.
I'm in the same boat with you! I moved to NYC in 1992 and loved it! At least for the first decade, decade-and-a-half. I can relate to your story, although, of course, my nyc journey is not identical to yours, since I am not a "white chick":)) and my cultural background (foreign-born and raised) has often bent the shape of my perception. But I totally dig the excitement of the late 90's and how vibrant and still civil the city felt! I sometimes wonder if the fact that we were in our 20s and 30s, the age to learn, explore and try new things, "made" everything fine... At my current age I look for "finer things" in life, and rats and homeless folks are not my forte (sorry if I offend anyone). As an artist I also gradually grew disallusioned by the art industry in NYC - like everything else it is just a business to make profits. Talentless folks praised as new geniuses by their cousins that own the newspapers or work as art editors at various magazines, their shows held at their other cousins-owned galleries are being touted as "breakthrough", then one of their kin would fake-buy some of their shit - literally, could be an "abstract painting" or a crooked photograph, - for a hefty $1.25M and the legend is born! Supposedly now they can expect anything "created" by this turd to be worth millions. If you're a young artist and expect to succed in NYC based solely on your talent, you will be brutally disallusioned. And just to tie it with the topic - these are usually the same folks that own and run up the prices of the rents in the city. So, yes, you and I - we had a good run, but it's over and time to move on. Thank you for sharing your take on it and all the best to you! May I ask what's the next page of your adventure and where are you going?
This has been going on since the late 90s. Park Slope was a very different place. My family, relatives, friends, and neighbors were all forced out over the years.
I lost what I considered a great friend to rent and all due to him getting an apartment costing 3K a month(was awhile back so that was alot back then=I am old). Gated community with guard posts, outside pool and even an indoor pool with a hot tub off to side. I asked him why and he said he and his wife work hard and wanna live well. Fast forward a year and he was working 60hrs a week and started coming at me cause I am good with 45hrs. This grew into his whole identity where he would ridicule me for being soft for not working the full on 60hrs. Divorced within the next year yada yada...and we never spoke again after that.
Sounds like Anthony's Song: "Who needs a house out in Hackensack Is that what you get for your money? It seems such a waste of time If that's what it's all about Mama if that's movin' up Then I'm movin' out I'm movin' out "
@@653j521 great analogy....I never moved in. I am in the group of people that feel that a decent home and then money spent on nice car and doing stuff rather than a grand and expensive house.
People could always relocate out of NYC. I enjoyed my time living there. But after leaving active duty, I saw my time in there being limited. Since moving to Texas, I've more than doubled my salary, purchased a home, made massive savings. In a state with no income tax. There's a lot of opportunity outside of NYC. Plenty of native New Yorkers relocate to other places to great success. The way the city is being ran by Eric Adams is ruining a ton. We can't blame landlords for trying to recoup the cost of the rent freezes...city and state did not freeze their property taxes during that time. People will always move to where there is better opportunity. Concrete jungle
Being born and raised in NY I’m not surprised at the increase in rents. More affordable housing is needed as it is in most large cities. This, however has been the case since long before the election of Mayor Adams. Enjoy TX.
@@icespeaker81So landlords should be expected to not only cover lost revenue because of rent freezes, but also foot the bill for increased taxes and cost of utilities without a problem ?
@@icespeaker81 Only The Communist owned companies like Blackrock should be shamed! They thrive off of people's misery! Not a family or 1 person owned apartment building! That would be disgusting to shame a family that had to work hard for everything they have, to be shamed for raising rents because everything else is going up around them, like taxes, building and mantinance supplies, food, gas, everything because of Bidenomics!
His coverage of NY is BETTER than..the "Lying Mainstream Media".... which I no longer...watch. Only the "Independent TH-camrs" get my viewership.and I'm a 67 year old Black.B1$
I live in Copenhagen, Denmark and shit like this is also a problem here. Luckily the rent in Denmark is stabilised and can only follow inflation but in times like this, that shit is crazy high. It has become a problem that families with average income and children can’t afford to live in city and almost all households in Denmark have 2 incomes. For the first time since the 1950’s we’re seeing working poor families and a shortage of workers because rent is crazy high.
Native New Yorker here just giving my 2 cents on the matter. Short answer is leave now. I moved to central VA 3 yrs ago with my wife and 2 kids. Was able to buy a house, have 2 cars and a motorcycle. My kids go to some of the highest rated public schools in the state and I don’t have to worry about crackheads breaking into my car. I can leave my doors unlocked if I wanted to but being from NYC old habits die hard. 😂 I had seen family members and friends in the years before leave to PA, FL, OHIO, and every single one of them has had a significant quality of life improvement. Between my wife and I we make about 160K combined so we’re not rich my any means but at least I know my kids can play in the streets and not be in any danger or can run around in my backyard. I have every store possible 5 mins from my house by car. BJ’s, Publix, Walmart, Target, Home Depot, Lowe’s, 4 Gas stations. Countless restaurants of every kind. My only regret is not doing it 10 yrs ago. Hope this helps somebody! God bless!
Great video thanks Cash! Makes me thankful I left the big city 25 years ago. I can’t imagine living there with all the problems you highlight in your videos. 🍻
My mom moved to Florida and left me in a 3 bedroom Bronx apartment. Rent control limited the monthly to $140. When I bought a house in Westchester and moved out the new tenant was charged $850. Was a great apartment. Just nostalgia. Oh, we moved in 1959 and left in 1980. Right now I live in Delaware. New construction rentals everywhere. Cost for 1/2/3 bedrooms is $900/$1200/$1400. Includes outdoor pool and a garage. People here wouldn’t believe NY prices.
First of all: your kitchen looks fine, Cash! It´s unbelievably hard to stay organized in a tiny place with kids. Also I remember when I started to watch your videos 2 1/2 years ago. Brooklyn seemd to affordable compared to other areas. It´s a shame that people are forced to move over and over into worse places.
@karlwithak. I agree that for the most part it's the landlords greed that make prices go more and more insane. As a fresh starter that could go anywhere in the States I also wonder why people still choose for the city. On the other hand there might be people with serious job offers, a move or love or other reasons that let them take the step.
Why? Why live in NYC. I live in central PA, Altoona area . It is considered part of Appalachia. There’s a lot of older and cheaper housing stock here, jobs are plentiful. You don’t make as much money here as you would in NYC but the trade off is a much, much lower cost of living. It’s not unusual for mortgages or rent to be between $500 and $800 a month. Inflation is hurting us too at the gas pump, at the grocery store and with our heating bills but overall I feel very blessed. Not a whole lot of traffic, beautiful scenery and mountains everywhere. I love the part of PA where I live. I do want to check out the Catskills and the Hudson River valley someday. NY is such a beautiful state once you get outside of NYC. Appalachia has a reputation for poverty but when you adjust for cost of living expenses, I think I live a better life than most NYC residents
This is also causing other places in the area to raise rents as those new yorkers leave. Fairfield County CT is getting insane to where its forcing native CT residents to move.
I lived in NYC, many years ago. The first place where I lived in Hell’s Kitchen was surprisingly affordable for a good reason. My neighbors were shady AF and dangerous, landlady was even more dangerous and a complete lunatic. It felt like that K-Drama “Strangers From Hell”. The apartment building was even similar to the one in that series, minus the burned out upstairs floor and the torture chamber in the basement.
The Hell's Kitchen you are referring to is very much the past. It is very expensive to live in that area now. Many luxury high rises and trendy restaurants in that area.
THIS IS DISGUSTING. I was raised in Brooklyn my whole life and it is just INSANE to see what has become of Brooklyn in such a short time. In my old apt building, the upstairs apt had new tenants almost every year cuz the landlord kept raising the rent. I was living in a 3 bedroom, 1.5 bath and our rent was pretty good compared to what was on the market. ($1900 in 2013 and when I left is was $2350.) We decided we wanted to leave and went back and forth on if we wanted to buy in Jersey or just rent another apt in Brooklyn or Queens. Trying to find an apt in BK was depressing! Between the small sizes and poor quality of the apts, the amount of money they want upfront, and the competition for each apt, we gave up and decided to buy a house in Brooklyn, which ended up being the best thing. Our mortgage is less than Cash's rent! And when we moved out, the landlord raised the rent from $2350 to $3400.
@@Jccke did you read the message you're replying to?? they bought a house and very happy about it. "we gave up and decided to buy a house in Brooklyn, which ended up being the best thing"...
@@LocoCocoJorge we bought in Brownsville, which has always been known for being violent but it has been the total opposite for us. Very tranquil, could possibly be the part of Brownsville that we are in.
These videos really put things into perspective because recently I've been hearing about how living in big cities sucks and you should move out of them the first chance you get. I see why now.
@@maxbryant560 If you think either party is working in your best interest you are without a doubt the dumbest person here. They serve themselves & the corporate lobbyists that buy their allegiance. Not constituents. Get a grip already.
Even in the city I live in in the Niagara Region 🇨🇦 is getting out of hand. Torontonians can't afford to buy houses in Toronto so they're moving here and it's driving housing prices up and now people who live here can't even afford a wartime bungalow for $250,000+ Plus rents are getting out of hand; we're now seeing many homeless people here.
Yeah, they suck so bad that nobody wants to live there and the rent has plummeted because landlords can't convince people to pay rent.....oh wait....it's the opposite.
London is a little different, London truly got shafted by the government. Brooklyn did it to themselves. They raised prices, application requirements and allowed for discrimination so that Brooklyn could become an art commune and trendy nightlife paradise. While all low-income, minority and working class families got pushed out, the posh crowd turned a blind eye to it for years and now that in the post-Covid economy it's biting them in the ass, they want to play victim when this is a situation they created for themselves.
Hi i am from Guyana south America Georgetown lapenitance i look at your video very interesting keep up the good work that is why i can't live there very hard
It's such a heartache for native new yorkers whose entire roots, community, and network is being ripped apart. While all kinds of folks move to nyc, fact is many of the people making the incomes to afford these rents have at least some foot up in education level, education institution, or straight up help. We don't talk about money much, but most of the time I'm in situations where people do, there are always a majority of 30-something year olds with parents paying parts of their expenses, even if it is just car insurance or phone bills. It is gut wrenching to see adults with sometimes literal allowances walk into neighborhoods that have quadrupled in price since I was a teenager. I grew up in a railroad apt near prospect park that was way under $1k for 15yrs even with increases--that same apt. not even another 15yrs later was recently listed for over $4k--and it's honestly still a sh*tty walkup tenement apartment still on a sh*tty block with a cantina bar next door that blasts music into the night, is commercial but deserted/low walking traffic, auto repairs and 99 cent store product warehousing. It just doesn't make sense. Some properties have had a 10x increase in value since I was a kid. What drives me crazy is that even progressives seem to have an everyone-for-themselves mentality when it comes to the right to pursue your opportunity in nyc, regardless of how it impacts those with both the least ability to keep up and the most to lose. We all know it is a multi-faceted and systemic issue that involves power brokers much larger than individuals, but generally when we know our involvement in a broken system harms others, we divest from it--but not this. I think it's kind of ridiculous to pretend that, especially with work from home, if there was a movement of young professionals to spread out where they move specifically to slow the impact on those most vulnerable, this would not have some effect--but no one who can afford to be here would be willing to rethink the "freedom" to be and do what you want because they can. Not everyone who moves here has these advantages, but so many do. It's hard to take people seriously when they only care about issues that don't actually affect their lifestyle--it's definitely left a dark mark on local progressivism for me, obviously not in a way that overshadows my core beliefs in what is right and what I vote for, but just my faith in the community when there is this glaring contradiction. At least we save energy by sharing more amenities in this urban environment--that is probably outweighed by how many people are displaced to locations of sprawl and to down south though.
I work as a dancer 😢 NYC is still the center of my industry so its a difficult choice to leave. According to an industry census, 60% of working dancers in NYC are considering moving away Without broadway, theater and dance NYC will become a hollow shell of itself quickly 😢 Staying here, is to consign yourself to poverty if youre in the arts despite that being a HUGE reason people come here
Well I'm in NC, we are getting so many people from NY and CA that it isn't funny. It's these people that are making my cost of living go up here. It used to be that you could easily get a decent apartment for under 1k a month. Still not great when the minimum wage is 7.25 and most places didn't over 12 an hour. With work-from-home explosion, people are just swamping the area where I live, setting back my own plans for a home by years, if I ever get a real chance. So, don't act like moving out doesn't have impacts on people as well. Destroying their social networks as they get financially uprooted. What NY and CA need to do is fix their shit and build some real housing. Stop exporting your problems to other places and act like you're helping somebody.
@@someguy1719 it's everywhere. I didn't "cause it" anymore than You did lol. People are just trying to live and have families and survive like people have always done. Don't direct your anger at the wrong people. Idk I was born in California on an Indian reservation. My whole family is there, and id have loved to stay, but I cant afford it 😢 and the area has no work. We are the united states are we not ? Seems to me like, all us regular folk have to decide to come together and actually direct our anger in the right direction ☝️👀🤷♂️
@@someguy1719 I agree more housing needs to be built ✋💀☝️ and as for the homeless issue back home. The first step is housing. My tribe is poor (Kummeyay people) but our reservation has only 3 "homeless" people and 1 rough sleeper rn because of a program we call housing first 👀☝️🤷♂️ People can't meaningfully make improvements if they don't have a place to live. How can you overcome alcoholism if youre being forced to sleep in the cold and shit in the streets every day ? It's also good, because its easy to keep track of people and check on em 🔍👀🤷♂️ We need to build housing, and put people in it 👀 ☝️
This is not just New York. Florida rents went up 47%, I know I work in rentals and I sent out renewals that were like eviction notices to people who lived there for 30 years.
I was born and raised in NYC and my husband and I make decent money and even we can’t afford Brooklyn anymore. We can’t afford rent in BK so we wanted to buy a 2b2b condo but the hoa fees are outrageous and they tell you what you can and can’t do with your own home and most dogs aren’t allowed. Plus most condos won’t do a mortgage and are cash buys only. Who has 250-500k just laying around? I miss home I’m just priced out. Sadly we moved away.
I just moved to NYC in August, I have 3 roommates and I live in the Bronx so thankfully my portion of rent is relatively affordable, but I feel like I got mad lucky. I moved here for a job before continuing grad school but, despite how much I love the city, I'm really scared about what the housing market may look like by the end of my lease (our rent is not stabilized). My roommates and I are already talking about adding another roommate or two - so possibly 5/6 people in a 4-bedroom apartment - just to keep it affordable. I feel like if you stay hopeful and get lucky you can/should live here if your heart's set on it but the idea of living alone in NYC is unrealistically delusional at this point.
My frustration comes from the, "You can save by getting a roommate" part. I wasn't saving with 2 roommates. That was all I could afford. "You only need to earn $60,000/year" to SHARE an apt (typically with a stranger). Most (childless & single) people over the age of 30 do not want roommates. This roommate agenda is greed.
Then move out of New York lol
Not just in NYC, either. Major cities, and even the areas outside of them have rent jumps.
Welcome to the increasingly globalized world were big metropoles will keep getting more expensive due to the increase of metropole based wealth and job creation.
if you are not part of this metropole based economy you would not afford it most likely.
NYC Needs to start voting better. And their poor voting habits are dragging down Long Island & NY State.
Any discussion on home and rental prices should include Blackrock, State Street, and Vanguard. These companies should be banned from buying property.
Cannot believe how far I had to scroll to see a comment like this. Thanks for talking sense on the Internet
Why would capitalists ban capital
@@felisha209 I can't tell if you're being sarcastic but I think most capitalist believe capitalism should have restrictions. If there are no restrictions or the restrictions aren't adequate then you get situations like the companies I mentioned driving up home and rental prices and things like extreme wealth gaps. I'm a capitalist but I don't believe in unrestricted capitalism. The situation with politicians being controlled by the ultra rich is getting worse and worse. It's not an easy thing to fix. I say start by banning lobbying.
When the banking cartel gives these insiders over 2 trillion of monetized debt (free money at our expense) they are going to invest it somewhere. No problem however. All those defaulting on there mortgages can just rent their houses back from Larry Fink and his cronies.
@@redhorsereincarnatedsince you like restrictions, how about restricting govt from allowing people not to pay their rent?
Born and bred in NYC. I left in 2009 when my stablized Maiden Lane apt with view of the bridge and tall ships hit $1600. In 2012 that bldg became condemned for a year after Sandy. It was a great place to live, I realized I couldn’t ever live in NYC again. It’s weird to be priced out of the place you are born and where all of your family is.
I think I know the building you're talking about. I lived with roommates in the adjacent building next to it after it got knocked down. We paid $1500 per person and it was admittedly not the best but it was comfortable. The unit is now listed for $2300 per person or more.
sad sorry to hear
I'm really sorry, so much is really unfair. I'm worry about the people who are on disability and unable to work 3 jobs. Is there housing authority or assistance for housing in NYC anymore? I can't imagine how dangerous project housing would be now. Are there still "projects" in NYC?
So you moved to NJ?
I live on New Mexico, a state w a lower cost of living...Guess What? We are going through the same here...rents averaging $1500/mo for 1 bedroom😮
I was born and raised in NYC. I swore i would never leave, but i have to admit that NY has lost it's essence. It's always been more expensive than other cities, but this has gotten way out of hand. The NY i once knew no longer exist, it hurt me to leave my city. On a brighter side I'm able to save more money and overall happier since i left.
I’m looking to leave NYC…where’d you go? I’m looking at upstate NY but any other suggestions?
You voted for this disaster, so as Obama said: "Elections have consequences."
Vermont and Maine isnt thats are usually called retirement state @@MayTheOddsBeInYourFavor
@@kenfern2259 nice; thanks for the suggestion!
That's how I feel about leaving Miami.
I know this is big to New Yorkers, but the size of these apartments are truly sad. The fact that most place can’t have company or just a normal living space is dismal.
I know someone who moved to Brooklyn from Texas. Lived there 1 year and moved back to Texas. They were paying $2,000.00 per month for 500 square feet. CRAZY.
It’s not big, it’s just expected. We know these are minuscule.
@@maryl8132 ah so cash is kind of exaggerating his expressions?
@@wildhorsesrunfastercrazy thing is $2000 for a studio is a deal in Manhattan.
It's not all of nyc with apartments like that I'm from nyc born and raised still here and I never met people with tiny apartment's only college student's I've ever talked to had that problem but growing up in The Bronx and in long island city queens I never seen this . My friend had an enormous apartment it was still expensive but it wasn't small people think all of nyc is like this yes there's small apartment's but there's a lot with big apartment's as well
People really need to hold accountable their politicians, not just gentrification, for allowing this atrocity to go on for decades. They went against our best interests and sold us out to the developers.
That's because everyone was ok with pushing out the Brooklyn residents that could not afford what professionals could afford. Now, th price has turned up on the professionals and they can't afford what the higher salaries in the 200k+ can afford. If you don't nip the problem at the bud, it will extend to everyone.
Gentrification is a product of policy written by our politicians so they all kinda work together
Holding politicians accountable?Are we suppose to ask the government to hold itself accountable?Thats like asking the mafia to hold itself accountable.
That’s all a part of gentrification.
No shit, Sherlock.
This is insane. This should not even be legal to do to someone. This is happening where I live too. They're buying up all the houses in my town, so they can sell the property at triple the rate. I get constant calls to sell my property. So what happens when the whole country is homeless? So sad.
The rich will be fine. It's the poor and the lower middle class that are getting killed.
That’s their plan , sad to say they want you to own nothing and be on social basic income and literally do NOTHING but sit home work and lay them rent and your spending money that you go to work for will just be food
We aren’t all going to be homeless but the homeless population will significantly increase. They are trying to make us all renters and then make that to expensive so we have to have roommates. They make more money that way and they can just raise the rental price, and you have to pay it because the home prices will be way to high!
WEF you own nothing and be happy
I live in Houston and regularly get calls from investors wanting to buy my house. They are trying to do this everywhere.
this is a reality not only to New Yorkers but for people around the globe. I live in Sao Paulo, Brazil and the same thing happens here too. I am 27 yo and i still live with my parents, however i am trying to save as much as I can to move out but until then no way I am moving out, paying for expensive food, rent, gas and clothing, and not living a life is hell.
I’m 25. I’m a teacher and have a decent salary but $40/hr now isn’t what it used to be. It’s crazy
$100 is the new $10@@devonnareynolds
It's really bad in parts of Britain also
At least in Brazil it is culturally acceptable to live with your parents as an adult. In the US you are considered a loser if you live with them after high school at age 18. Very different
The added issue is when you're scraping by trying to afford NYC rent, you're not left with a lot of savings (if any) to afford the cost of moving to a cheaper place somewhere outside of the city. For instance, most places want a first month/last month up front. So you end up feeling trapped.
I know how you feel. Sometimes you have to do something you thought you never would have to get to where your going. The Midwest is cheap except Chicago. You save for a month & don't pay no bills & move. There are housing programs to help you get a home, less then $1,000 down or no money down. My mortgage is $810 a month & that's high (Milwaukee,WI).
NY must be for the rich.
Nyc is really for the rich.@@taydoubleu2990
i know right. like who can save that kind of money?
@@chrhadden - As someone else said. You don't pay rent for a month, and move out before they can evict you, using what you would've paid on rent to cover first and last month's rent in a new city.
@@arthurwintersight7868 Won't they send debt collectors after you though?
I lived in Brooklyn for close to 6 years and recently moved out of my $1,750 one bedroom railroad apartment. After our lease was up the landlord decided to raise the rent close to $2,300. Needless to say we did not renew. I now live in Jersey City while still commuting to work in Brooklyn.
why did your landlord not increase it to 2300 before? you did the right thing by moving. the city is really trashing itself by keeping all these rent regulations in place.
@holyender515 I had only lived in that apartment for 2 years. Before that, I was renting a room for $1300 and figured only $400 more I could have my own apartment.
who cares?
I moved to longisland my mortgage is half of what my rent was 😅
How much longer is your commute?
I saw my parents get evicted many times as a kid in new york, and of course my child brain at the time always found it exciting to go somewhere new, with out realizing what was actually happening. Hell, we even lived in a freezer room rented out to us for 300 a month for a short period of time.
I think it’s time to leave new york.
As a goal, I’m going to clear my debts, move out to buy a house, and leave my job for something fully remote while doing side hustles like freelance and running a youtube channel like you have.
I hope everyone here in the comments, and folks in new york can find some version of that for themselves. Just let NYC rot, and stop depending on it. I had to claw my way out of section 8 and low income housing because I did not want to get comfortable under that for a single second.
I’ll never meet you but I hope you accomplish everything you set out to do. The rent in NYC is absolute bull and I really do hope the best for your future.
You got this!🤘😎
Good luck. Stay out of Connecticut because the same thing is happening here with houses. It's ridiculous.
Fellow Brooklyn resident, I agree with you 1000%. Been here most of my life and it’s unsustainable to live here. They even increased the fking transit price 😂for what? The same old trains that have been running for decades. All this to say…I hope to do the same as you and leave New York in the foreseeable future
@@karlwithak. Everything that's going on is that large corporations are taking over everything and getting tax cuts at the same time.
I was born and raised in Brooklyn. People used to call it a place that no one would want to live. All of a sudden there’s different nationalities moving into Brooklyn and these private developers are raising rent in areas where people didn’t even wanna live. That building across from the one that you were looking at it’s either a NYC HOUSING connect building where the rent is based on income or it is a shelter. Trust me.
I remember my mom would show me all the places she lived and the store my dad and fam once owned. She’s from BK I’m from queens and seeing it go from the hoods to trendy neighborhoods I can’t afford to live in so heartbreaking
I'm just going to let you all know that this is NOT a typical apartment in Brooklyn. Many of the places that are somewhat "affordable" are not renovated. I'm a native NY'er and the renters market has been horrible!!! I spent months looking for an apartment under $1,700. It was soo bad that I had to move to Jersey City. Now I have to commute to Manhattan.
I know it's not exactly what you want but have you found any advantages of movie to JC?
@@charisma-hornum-fries Some of the advantages for where I currently live are: my commute to the city is much shorter. My neighborhood and the builder that I live in are much quieter. The bike paths are much safer (you're less likely to get hit by a car). And, lastly my rent it somewhat more "affordable" for the amount of space that I have.
Some of the disadvantages are: Everything is much more spread out (restaurants, supermarkets, etc.). You have to travel a bit further to get what you want. Which in turn can make things in the neighborhood a bit more expensive.
But, at this point I'm able to save a little bit of money so, I'll take the good with the bad.
Move out of the east coast.
@@Bornjamerican24 I agree with what you're saying and I wish that I could move out the east coast. But, moving and basically starting over is also very expensive.
Damn that's crazy, back before covid you'd never hear of native New Yorkers moving to Jersey city! Im from Jersey and lived in Bed-Stuy for 9 years before landlords went crazy so that sounds insane to me to see you say that.
Gosh, it just keeps on getting worse. Folks who moved out to Brooklyn are going to be forced to move further out. How can people in low paid jobs even consider such high rents. People who work in retail, hospitality etc in Manhattan are being forced out from there and will have to seek alternate employment in an affordable area. So will shops, bars etc have to close due to lack of staff?
Exactly! I had to leave my hospitality job in Manhattan because of the commute cost increasing and my rent increasing having to move to far out and my pay staying the same
A decade ago, in Lake Placid, NY, they had a hard time getting service job workers. Why? Because if you worked in that industry, you could not afford to live anywhere nearby. I worked in a hospital but left the area when the DOCTORS were complaining about the steep increase in property taxes. Some nurses left when I did. Other parts of the state were far better. Eventually I just left the state. Same pay, far less taxes and expenses. I feel rich now!
Exactly what I was thinking.
@@bananafyanbecause their jobs are there
@@bananafyan easy access to public transit. Most other cities in the US require you to drive everywhere unless you live right next to a train station like I do here in Arizona. If you don’t live near a train station you gotta drive EVERYWHERE.
This does NOT surprise me. Here's what happens. Manhattan got too expensive, people went to Brooklyn, then Brooklyn got expensive because everybody moved there. No matter where you go, as soon as a place becomes "hot" then greed takes over and everything gets expensive. It's happening to the Bronx right now it's also happening to Florida and it will happen anyplace people run to.
💯‼️
A lot of the landlords in The Bronx are delusional with how much they charge rent, the high income they demand & high credit score( if people had all that they wouldn’t leave in some of The Bronx crappy areas and pay the high rent) and it shows with how long those apts are still on the listings.
a lot of Florida's problem isn't the cost of insurance. I was looking at a 1600 sf, 2 br for $350k. The taxes were going to be around $6K and the insurance was going to be $6025/yr to be exact. Add to that car insurance and you're looking at $13k a year without HOA fees etc... Really not getting the value.
I’m so happy I left nyc when I did that was over 8 years ago and my family thought I was crazy for just up and leaving and even then I was working two jobs and living with my mom and sister in a small two bed room apartment but I couldn’t do it anymore and I didn’t want to be living check to check like I saw my family and friends doing. Now I’m in Arizona and I couldn’t be happier it’s definetly gotten more expensive here in these last couple years I’ve been in but still no where near how nyc is, nyc just isn’t worth it, there’s so many places in the world you can get so much more for so much less 🙏🏾
What's wild is that there is only one period in that entire comment.
My sis moved there too after watching waiting to exhale ... Been there ever since
As a native New Yorker, I find this triggering. This is why I had to leave NY. I live in Tulsa now and pay $1400 for a 3 bedroom, 2 bathroom with a yard, garage, attic, shed and 1500 square feet! I loved NYC but too many factors pushed me out. My peace of mind means a lot to me.
You like in Tulsa though. There is no comparison. And if that's your real picture, all of your neighbors, and your elected officials, hate you and think you just ruined their property values.
Did you happen to do the 10k stipend to move there? I was debating on it
How much are you paid in Tulsa? I know that I make more than the average childcare worker makes in nyc, so moving to a place like Tulsa or Navada and taking that pay hit is scary
I had to move out of Brooklyn in 2019. I could not afford the $1800 for a one bedroom apartment in Brooklyn. I searched in Queens. I could not find anything in my budget. I moved to upstate New York at the end of September 2019. It was a great decision.
Taxes are nuts in NY
Good move
My rent is 2350/month for a small 1 bedroom in Crown Heights (right off Utica Ave). Thank God for VA Section 8 Voucher.
I'm thinking about upstate NY too or FL or leaving the US
you're better than a lot of actual news for info and context
I am sure he will be very helpful when the jihadis come calling
You should move to Allentown or Harrisburg, PA & buy a 2,000 sq. ft. townhouse with 3 bedrooms for around $200K. The home will need work, but many of them have the original parquet wood floors, mouldings, and features, and would be worth the work. Those homes may also have a front parking space, a small backyard and a basement.
"You should commute three hours to New York and three hours back every day no big deal"
i did exactly this - i left brooklyn (found out the apartment I left was renting for over $1000 more than what I was paying for it). my 15 year mortgage for my 3br house is less than any amount I've spent in rent in NYC with the exception of a studio rent stabilized apartment I had 10+ years ago.
Thank you Cash for being so transparent on how your living situation is.. As a fellow Brooklynite the cost of living is crazy and honestly I never thought it would be like this I downsized and moved back with my parents at their house and just saving but in all honesty I probably wouldn’t live in NYC anymore
smart move
Younger people are moving out in droves because they can't afford to live here anymore which begs the question, how is NYC going to support itself in the coming years if it's driving out all the able bodied young workers? Seems like a house of cards about to collapse. The government needs to do something asap
@@bananafyan Graduates coming out of college aren't making 120K a year (which is what this tiny apartment would cost). Those that are making 120K a year are a minority, like ivy league graduates and doctors or they have rich parents that help support them. The average american makes 60K a year. How the hell are they going to pay 120K a year for a one bedroom apartment? (and that's not even including expenses like food, water, electricity and gas)
@@distantraveller9876rich white kids from mid west and all over America are willing to over pay for rooms just to live here with most times daddies money , look at Williamsburg, greenpoint , downtown bk , now even in queens ridgewood , these people aren’t from nyc , they move to cheaper neighborhoods to be one with the culture and not to pay Manhattan prices and then kick out the original people because they brag to their friends that everyone should come here because it’s cheaper , then they protest that they stand with the poor people they removed from there neighborhoods
@@distantraveller9876 simple. they are making nyc a place for the wealthy or rich people on the way to being wealthy. By next year it will cost 20 dollars just to drive through manhattan. If you don't have a car it will still affect you because your uber ride will transfer that fee to the passengers. Nyc will be a place for the poor who get government benefits to stay and the rich who can afford to live their on their own. The middle class will be pushed out of nyc.
Don't know what I'd do if I hadn't left NYC 25 years ago. After a slow trek northward over the years, I am settled in a rural area hundreds of miles away. I watch these vids to remind myself that no matter what happens, I made the right choice for myself. There are great memories of my former life before I left, and I'm glad for the experience, but knew when it was time to move on.
Chuck in Northern New England
Chuck u defiantly made the right decision. NYC is full of posers and rich kids who pay 5000 a month for apartments.
correction: their parents pay 5000 a month for their apartments.@@patrickm8894
Hope you've found the beauty of life, Chuck!
Yes, I have, in the change of seasons, the beautiful terrain, the wildlife, the domesticated animals, the farmers markets and the unique savviness of the natives. Though I'll always be considered an outsider, that's okay, since no place is perfect. It's more of a joy to live here than a pain. It's a place where I can relax and breathe... @@fatuousinnovatorofsadness4640
I left NYC over 30 years ago for Rockland County NY, now my view is palm trees and a pool. It’s neither rural nor city, it’s just Right and safe.
As a NYer born and raised here. It is not worth it to move here. I am always contemplating leaving this city for good. It is sad because I am one of the last people in my family to stay here as my parents sold my childhood home that has been in our family for 3 generations. My dad's aunt came from the Dominican Republic and ran her doctor's office out of it then she sold it to my dad at a very affordable price unfortunately none of my siblings or I could’ve kept it or maintained it and my family was struggling so the house was a good way to make some money for when my father retired. Ever since then, I have been hopping around from neighborhood to neighborhood. Finally, I settled in Harlem where I live with my sister and my girlfriend. The rent wasn’t bad when we first moved here but it keeps going up every year and eventually, we are going to have to move again. Don't come, it is not worth it, move to a major city near you or a smaller more affordable city near you. Build up the community and the culture in the small city near you, it probably needs it. NY is oversaturated, honestly, it is not even cool anymore. Everything is an overpriced gimmick and extremely cringe. The people you will meet will be out-of-towners who will only be friends with you if they can use you if not they are stuck up. It literally feels like the worst people come here, which makes sense because it is a bunch of rich privileged a-holes who can afford this insanely expensive city.
I know how you feel somewhat, but as a Miami native, eventually I'll just have to buy a place there because even in our digital era, the only two higher paying jobs that are mine anytime I want are based in Manhattan. I'm already spending more on cost of living here in South Florida than NYC would cost me because of high cost of keeping a new car, etc... Also, I don't mind paying and arm and a leg in rents because honestly, the freedom to be able to get the hell away from unpleasant neighbors without having the burden of property taxes, etc, is wonderful.
What I mean is that we're getting screwed here in Florida too, with landlords charging Hong Kong/Tokyo/NY rents to live in middle of actual swamp lol.
@@ungrateful-66 I have family and friends from Miami and some of them had to move too because it was getting too expensive. It really is a national problem. I believe the root of the issue is the over privatization of the housing market as much as some people don't like to hear it landlords should'nt have this much power. There needs to be some regulations to help regular people out because this is really unsustainable. Idk if you agree but that's how I feel.
Realest shit i heard today
The last part was the thing most people never mention. The FLAVOR of NYC is gone now.
I left NY for NJ in 2012 for a new job…. Thank God that opportunity arose for me because I have no clue how I would be able to sustain myself living in NY today. Unfortunately, now there are many people moving to NJ because it’s more affordable than Brooklyn so obviously the prices here are also rising rapidly (sigh)
Pray it doesn't come to NJ next.... I live 30 minutes outside the city for crying out loud.
My 85 year old aunt is one of the many leaving. She has lived in Brooklyn for about 71 years and lived at her current resident for about 50. She was going to renew her lease but these crazy people want her to pay a deposit equal to her newly increased monthly rent, along with the increased monthly rent for the apartment she has lived in for 50 years!! Her and her husband live in the apartment. He unfortunately went blind and is now on disability and she is retired and they are both on fixed incomes. They will be moving out of state to live with her daughter until they can find affordable housing.
That is super traumatic. I hope it works out.
What kind of building does she live in? Based on your description she is quite possibly either in a rent controlled or rent stabilized unit. Basically, if her building is “old” (roughly built before the 70s, with 6 or more units) then she has significant legal protections against this kind of behavior. You should look into it.
So long and she didn't buy something
No that's just crazy ! I don't know what people are going to do ,it's just getting worse every day 😢 . I think they want to eliminate the middle class completely ,some day you will either be dirt poor ,living in a box ,or rich living in a mansion . Just my thoughts . Take care ❤
They're waiting for them to die so they can house newly arrived undocumented immigrants for free. They want the average American homeless by 2050, "You will own nothing and be happy".
I was born and raised in Brooklyn. They've been coming since the late 90s. Before the pandemic. Before remote work. Brooklyn was cheaper, cooler, less stuck up and the apartments were bigger. I got priced out of Brooklyn almost ten years ago. A lot of apartments were deregulated. I miss Brooklyn. Everything is going up but our salaries. If you can afford $4500/month, you can afford to move someplace cheaper. I'm trying to save up to leave.
I was born in Brooklyn in 80 and raised... the GENTRIFICATION BROKE my heart and I moved in the mid 2000s... I love my home but I dont recognize it anymore. My ppl started to be pushed out of Brooklyn back in the 90s when Juliani took office. The home of Biggie... the home of Jay Z... its very sad to me what has happened there. 😢
6:25 Not than ever before... its now affecting all the TRANSPLANTS. But native NYkers were priced out long time ago. We were pushed out to make room for the gentrifiers... now I guess even the hipsters are now being priced out.
well said. exactly.
Just go to The Bronx or Westchester County. There’s still some places you can find that are somewhat affordable
Amen!
Oh no area got better, how sad
@@mikko3 you don't know what gentrification is, do you? Or the purpose of it, do you? That's okay. Maybe one day you will care.
No mention of tenants not paying rent during Covid . Landlords didn’t have the luxury of not having to pay tax on the property
This is a great eye-opening video. I have lived in Brooklyn all my life. After living in 2 rent-stabilized apartments, I decided that co-op living was best for me. Co-ops are not profit-making entities.
In a co-op, the maintenance costs do not shoot through the roof and they don't rise as quickly as rents in non-co-op apartments. Shareholders/Boards have a say in the maintenance cost increase amounts.
In my experience, as long as the property is well maintained and the corporation continuously maintains a healthy Reserve Fund through regular small maintenance increases, the living experience has been favorable.
Also as you age and your income is less, like SCRIE for rent stabilized tenants, co-op tenants have the same thing to freeze their maintenance, which is a relief after a certain age. (I forget what the acronym is for it)
I soon am about to become part of the Homeless Population here in New York. I'm 22, dropped out at 16 because my mother died and I had to take care of myself, working under the table jobs until I turned 18, now? I work as a "Team-Lead" at CVS, I can't even afford to take time off to go back to school, and my rent just went up another $500, and I'm thinking about just giving up and sleeping on the streets. I already work 110 hours a week, I just simply can't handle much more.. I'm literally on the verge of just simply... S**icide. This Economic System is going to resort in a Genocide of the Poor and Vulnerable.0
@@nunyadambusiness3530 MOVE to another city.
Give me the money to move. Otherwise shut up. How do you expect people to flee when they're financially trapped. @@Chicago48
some co-ops are bankrupt and tthey still increase tthe dues. they mismanage the funds and we pay for it. i stay away from condos/co-ops.
It's not just happening in NY- it's everywhere. I had to move away from a big city in Europe where I went to university and spent 10 years of my life, because they refused to do any upkeep in a 120+ old appartment (think: leakages, mold, etc.) and it was becoming unliveable. Plus the lease was temporary (turned out to be illegal, but only found out too late). If you want a liveable appartment in a big city, it's unafforable, if your place is rent-controlled, it's often still way too expensive, they don't give a f* and there is no upkeep. Housing should not be an investment opportunity or a way to get rich. Housing should be a right.
No it shouldn't, no one owes you a place to live. Work harder and live where you can afford to
@@augustojoseramonpinochetug5235
You are TRIPPING. These prices are outrageous. They’re quite literally pushing REAL NYers OUT of NYC and replacing them with high end techie / media / business types. This is not a matter of race or religion or anything anyone wants to point at. There is a clear problem and no solution has been presented at higher levels.
@@augustojoseramonpinochetug5235Lmao your a clown.
@@augustojoseramonpinochetug5235 then give them the opportunity to.
@@augustojoseramonpinochetug5235 this comment is so out of touch. They were already living were they could afford, and they were also working hard. The problem is that rent keeps going up and salary is stagnant
Thank you so much for these daily uploads, educating new yorkers and outsiders (I'm Irish but have a deep fixation with NYC, so I love learning about every aspect of it). Really do appreciate these high quality videos and the interviews provided.
let me sum it up. Loud, piss soaked, overpriced. I love NYC
New York sucks why all you Europeans dream of it is beyond me.
Visit. That will erase your obsession. Better to just visit there. When I lived there, I was working so many hours to pay bills that I went out less and less to enjoy the “culture “.
I'm third generation from Ireland we're in ny
In my time in the 1960s Brooklyn was at best an average of 500 dollars a month for a 2 bedroom apartment. We lived in the Borough of Queens, NYC, one of the 5 boroughs of NYC during the Mad Men era.
As a San Franciscan, I literally cannot believe nyc rent can be THAT MUCH HIGHER than my city’s, which is already quite high. Manhattan is now maybe 60% more expensive than SF
I respect you much more for giving us insights from your personal space. By providing your viewers an idea of what your expenses may be, you are very human in addition to being an influencer/content creator. Thanks, Cash Jordan, for being an authentic dude, always and forever!
@@karlwithak.How many times did you post this nonsense?
Ohhh, that brought a tear to my eye... Can we all have a group hug?...
effin emotional internet groupies...
That apartment is a bargain even by Brooklyn rates, and it probably will be rented tomorrow. Those of us that have followed Cash for several years can remember when Brooklyn was almost affordable by servers and store clerks, but now apartments there are becoming out of sight. If the "average" apartment now requires a $224,000 income, there can't be enough units for the below-average income workers. No, I would not move to NYC under any circumstances. Maybe life in affordable cities wouldn't be as exciting, but it wouldn't impoverish me.
That apartment looks like a prison. I'd be depressed af living there and for $3300 a month? Absolute insanity.
@@distantraveller9876 By NYC standards it's a good deal. Just shows you what your money buys there. That's why I'll never live there.
Seriously. How and where are restaurant workers supposed to live? NY has one of the best restaurant scenes in the world and it just sucks that majority of people are being pushed out.
@@distantraveller9876I agree place looks like a jail cell I live in florida no state tax and I pay 2200 for 3 bedroom house the prices yall paying in new york is insane your paying huge money after being taxed into oblivion to be stacked up and crammed into little boxes and ppl will say it's a good deal lmao it's crazy yall have been conditionEd into this 😂
@@StackinGreene I can't wrap my head around it either. You'd need to be making at least 120K a year just to afford the rent, and that's not even taking into account your expenses. Most americans make 60K a year on average. It's absolutely CRAZY.
It's not just NYC. I'm in a small town in Ohio. When I was getting divorced four years ago, I had no trouble qualifying for a mortgage that gave me a decent choice. No mansions, but decent, small houses in decent areas. My attorney advised me not to buy at that time, given how contentious the divorce was, primarily. So I found an apartment. I'll probably never qualify for a mortgage again - and my income has increased since then. I love this apartment, and would happily stay here long term, but I've been told the rent could go up as much as thirty percent next year. I can't afford to stay, but I can't find anywhere I can afford to go. At sixty, I don't see retirement EVER being a realistic possibility. I don't know what anyone anywhere is supposed to do.
The USA is literally failing its citizens when it comes to housing. It’s like everyone is just being left to fend for themselves. But look at the billions of our own tax dollars they ship out to other nations for war, nations who’s citizens aren’t struggling to find housing, or healthcare, on our taxes. Meanwhile at home we’re left to live like slaves. It’s crazy.
Ohio houses are so cheap compared to NY or the rest of the country.
@@jvane28- That doesn’t make it any easier for someone from Ohio.
I moved to nyc from a small town in Ohio for this very reason; roommate culture is so scarce there that I think my chances of finding housing were much slimmer there than here - not to mention they want ridiculously high credit score requirements and minimum wage there is even cheaper than NYC so I couldn't even afford the first month's rent and security deposit there. Glad you love your apartment now but I totally understand the anxiety of what to do next - I have friends who are married sharing apartments with other couples because the cost of living and the college-grad income are so disproportionate. Wishing the best of luck to you; the country as a whole needs to get these cost of survival issues under control!
Mexico
As a NYC resident I've been checking rents consistently. 5600 a month is the average rent for Manhattan where the rich live. In the other boroughs the average rent is between 2000 and 3000. I also check other cities and a lot of places now (they used to be cheaper) have rents that are similiar.
Maybe $2-3K like way out in BK (it’s a big borough). But if close to Manhattan .. or the East River in general good luck averaging out at $2-3K.
I’m a hour out of the city, and the rents are just as high as the city. It’s ridiculous and these greedy landlords won’t be keeping tenants very long with these prices! They are doing a good job getting rid of NYers!
I moved out of NY years ago for this very reason. As much as I loved living in NY, I wanted to buy a house and that wasn't an attainable goal. It's actually easier to live in NY as a single person willing to live minimally with several roommates than a family trying to come up with $6000/month rent. It's ridiculous.
👏👏👏👏👏👏more people should do it. Work from home is good so people can choose and move in better more affordable places. - fight the extreme greed and Fxxx the greedy real estates
california nevada arizona new york now only want the rich wealthy to live in there states.
Having room mates defeats the purpose of being single! Jokes aside, the main reason why i didn't join the military is that i hate having room mates.
This is why I live among food and farmers in Kansas, 5 bedroom 3 bathroom 1900s 3 story house all original wood work all vaulted ceilings on a half acre... 130k fuck the cities.
all homes should be sold between 500,000 to 900.000. thats a dam good market price. americans have that kind of money.@@ep8009
Gentrification has become a massive issue all over the country but in NY it is on steroids I’m a NY native grew up in the Bronx and the prices are insane native have been pushed out to make room for well to do transplants that have destroyed the soul and culture of our city and to be honest channels like this is adding fuel to the fire
Yup!!
It's not gentrification, it's just a housing shortage. Instead of trying to pick who deserves to live in NYC or not, they should just build enough housing.
I have gone through this same thing as a native in San Francisco. They push out all the natives and people who cared about the city and then ask why it's a hellhole with no culture left.
@@kuraichyan I feel for you on that one I’ve spent some time in LA recently and wanted to visit SF and it’s just sad from what I’ve heard big tech and real estate speculation destroyed that city
Bingo
Cash- The high prices for housing in New York are ridiculous. I just read an article yesterday that stated 500,000 people have left NYC in the last year alone- due to the housing crisis. I think one thing that has been an issue is their lack of focus on Foreign dollars buying real estate in the US. If you look back further you will see a pattern of NYC costs sky rocketing since the 1990’s. With the unimaginable amount of refugees being sent to NYC ( which is the stupidest place they are being sent) All that is happening is panic pricing. The more new construction and competition is driving up costs while sucking resources away from the citizens and lining the pockets of those already wealthy.
I think this is another exceptional piece of advice and reality check everyone needs to see. You are doing a great job!
Keep going!☮️👏👏👏👏
I’ll tell you being a PA resident. Cash, move to PA. You can buy a nice house in many parts of this state for what you’re paying in rent and you’d have a lot more space. There’s mountains, rivers, there’s fresh air and there is nature. Wherever you are in this state, you’re not far from big cities like Philly, Pittsburgh, and Lancaster. The winters aren’t horrible unless you live north of interstate 80, they’re actually fairly mild. If you move to central PA, you can be close to State College which is a happening and growing area. To outsiders, PA has a terrible stigma. I personally think it’s the perfect mix of urban and rural. There’s so much more here than people think and it’s well worth researching
It’s not just New York, it’s the whole country. We’re just seeing more drastic changes in New York City because it is a big city with lots of people so more complaints come out of it in the end. Here in Boulder the implemented a sugar tax (12 cents per fluid ounce) and then Colorado LOST its title as healthiest state in America.
A sugar tax on fluid ounces, so presumably a tax on soda? Is it also on baked good, candy, and foods like sauce that have added sugar? What about maple syrup, or agave syrup? Do they account for the concentration of sugar in a syrup vs a soda?
I live in a suburb of Atlanta in an older 1980s apartment. When I moved in in January 2020 the rent was $1200 for a two bedroom , now it is $1700, a $500 increase in three and a half years. So it's everywhere.
@@cindyfreihofer2093 yes sir it is.
@@cindyfreihofer2093and knowing atlanta that sounds like a good deal
@@Winterascent Google it?
It’s insane that you can make in the low six figures (which used to be considered a great salary), and you might not be able to find (or get approved) for a place to live! I am a native New Yorker and I have never seen rents skyrocket like this!
My first Apartment was $140.00 in 1972 @ 1715 Union Street, Brooklyn. I lived on the 3rd floor. Curious to know what the price is today.
Don’t know where people are supposed to live with these crazy rents.
I would move back to New York, but I would have to be a multi millionaire to afford anything decent.
I see that even Queens is becoming unaffordable!!
Keep up the good work! Thank you for showcasing New York!
My grandparents lived on Union St. probably a million dollars today.
My grandparents lived on Union St. probably a million dollars today.
I saw this apartment on zillow. It's too expensive for me.🥺
Just a 1 bed room is $1800! I don't want to live with roommates. My own mother was a roommate and she is my worst roommate.😡
Not much has changed. I grew up in Brooklyn and when I became an adult in the '90s I couldn't afford to live there either (except in extremely dangerous areas which are now beautiful). So I had to move to Staten Island which was a little bit cheaper. When I bought my first house, the rates had come down and I got a mortgage at "only" 8.125%.
Later I realized NYC is just an expensive rat race so I moved south.
I soon am about to become part of the Homeless Population here in New York. I'm 22, dropped out at 16 because my mother died and I had to take care of myself, working under the table jobs until I turned 18, now? I work as a "Team-Lead" at CVS, I can't even afford to take time off to go back to school, and my rent just went up another $500, and I'm thinking about just giving up and sleeping on the streets. I already work 110 hours a week, I just simply can't handle much more.. I'm literally on the verge of just simply... S**icide. This Economic System is going to resort in a Genocide of the Poor and Vulnerable. I can't even afford to save to leave...
@nunyadambusiness3530 This sounds awful, keep your head up. It sounds like you will need to make a change for your physical and mental health. Its easier said than done, but if you can move out of state, somewhere more affordable you should definitely consider it. Maybe see if CVS can transfer you to another branch in another area or even just get a referral.
Thats the thing, I can't even save up to move. Management doesn't give a shit, I work 60 hours a week at CVS, I work DoorDash 20-30 hours a week, and I do RemoTask (work from home) another 20-30 hours a week.. My credit is trash, everywhere wants First, Last, Deposit, & Fees. I'm trapped in this city. Every paycheck I'm left with just a couple dollars. I'm 6ft and 105lbs, I'm literally starving myself so I can afford shelter & utilities, I eat ramen every other day. Rationing Food & keeping my Central Heat & Cooling off 9 months out the year so my bill doesn't get too high. It's a dystopian nightmare here, DO NOT move here, if anybody you know that you love dearly ever gets the "Opportunity" to move to NYC, please steer them away from it... I'm typing this out on my break, and then repeat this bs thing we call "life" every day. Literally just might off myself so I don't have NOTHING to worry about, its really depressing at best. America is only a "good country" if you have a good upbringing, and a family that can help support you, otherwise, you're just another ant in a breadline colony.@@lTheRealDealGamingl I'm so miserable & tired its unreal.. I am the last one standing in my bloodline, 22 years old, and alone, I need help so bad but too scared and too "prideful" to ask for it.. I have no one & nothing.
Good for you!!
@@nunyadambusiness3530I'm from Jersey but used to visit the city when I was young. Check out Kansas. It's a beautiful, very affordable state. I believe it's the third or fourth cheapest states to live. College towns with people your age. Check it out you never know. I lived there for 15 years and miss it. Stay strong kid. Sometimes you just have to relocate. NY is an overpriced dump.
That apartment is twice my mortgage in NC; which in turn is twice, if not (3-4)X more than my parents. There are a ton of NY and CA transplants in my area now. I'm grateful I got my own home now.
Yeah renting for that much is a crazy money waste
As a born and raised Brooklynite who is also a 90s baby millennial, I've been complaining about this for years. Even back in 2016 when I would voice my concerns about gentrification and all of these nepo trust-fund babies moving to my neighborhood and Brooklyn in general, I was met with a lot of criticism and pushback by said "liberal and progressive" nepo babies and just brushed off as bitter. The ones who were all about "dismantling systems" and "anti-capitalism" were taking the corporate greed bait. I had a right to be frustrated given that even back then I was unable to move out of my family home despite being educated and working two jobs.
Now in 2023, these so-called progressive transplants (who wanted a hip and trendy place to live that used to be majority black and brown) are complaining about rent and not being able to afford life right now. The writing was on the wall for over a decade but now that it affects them we have to address it.
spot on truth
Yep left 8 years ago its been expensive
This is the spot on Truth
@@karlwithak. that is not exactly how it works.
TLDR; demand is what allows landlords to get away with price hikes, too many people are willing to pay the higher price for the area so it works. The only thing that talks here is money.
Yes in part it is greed but it is due to demand. Demand allows them to charge that much more it is the reason they can get away with charging more for rent. They do it cause they can. If they raised the rents and no one moved in it, it would not stay high for very long. The housing market rises and falls based on demand in a particular area typically. For instance, the down town area of my city it is more expensive, because it is close to the more recreational things in the city. Areas around schools also trend higher due to these areas being ideal for families. The problem a lot of the major cities are facing is that everyone wants to live in them. These are hot spots. If you want landlords to not charge so much for the land then your mission would be to some how turn people off from the area. Figure out a way to turn off anyone willing to pay a higher price than you for the area. The only thing that talks in business is money.
You also must take in to consideration of inflation cause yes that does also have something to do with it (despite what you may think). When prices of everything else goes up, do you honestly think a business man/woman would want to take that hit and feel that impact themselves? no they wouldn't so they will push that cost on to someone else if they can. So if they are renting out a property, instead of taking a hit for that can of beans now costing $4 a can that use to cost $2 a can, they could just raise their tenants rent by $2 so they don't have to feel that price hike so much. It doesn't matter if they are already wealthy or not.. So yeah.. greed is part of it but there is a reason these things happen..
You have three choices really crappy as it may be, either deal with it, gtfo and live somewhere more affordable than a high density city, or you can try to fight it but the only thing that talks in this society is money so the battle is hard.
that's crazy because I'm from Denver and a ton of people come to my city from NY and mess up traffic. be real most people from the city end up moving to the burbs
There ARE available apartments in NYC- but many landlords deliberately have been hiding ("warehousing") them- leaving them empty and off the market- to artificially create a deficit and jack ALL rental prices up. Sometimes it is because the landlords never bothered to update them from the circa 1960s/70s dumps they are. Now there are many new or renovated buildings in the city and landlords don't want to invest the money to fix them up enough to compete with the nicer units- so they leave them empty. It's really sad. I moved here in 1988 and lived in Chelsea with one roommate, waiting tables part-time and going to school. By 1990 I had moved to Brooklyn- first in Cobble Hill and then Park Slope. And when rental prices started going up there, I moved to Astoria in 2000. And Astoria used to be one of the few neighborhoods where you could find a nice, affordable apartment with a quick commute into the city. But by the end of 2022- that ended too. Now I live in Westchester- also over-priced (IMO), but better than the city- quieter, much safer- and nothing is locked up at CVS.
That’s interesting, how much are you paying there if you don’t mind me asking
I live in Arizona, in a low-income apartment facing the mountains, with free water all for $255 a month because I am disabled. I consider myself extremely lucky and would never return to New York even if the apartment was free. Getting out was the best decision I ever made.
Debating to leave Cali for Arizona
@@quetzalcoatl9993if you like driving everywhere and people driving massive child killer pick ups recklessly, you'll be right at home. Also smog is really bad. Also depending on where you go, good luck doing ANYTHING without driving.
@@quetzalcoatl9993just don’t bring your California voting habits to AZ
I am an arkansas can I come live with you😂😂😂😂.. That is pretty cheap.. If it wasn't so dangerous to give out Names addresses and phone numbers I would ask you to give it all to me.. Pretty sad you can't do that anymore right..
Stay safe and enjoy Arizona
Two years ago we moved into a big beautiful apartment in Bay Ridge Brooklyn. One bedroom for $1675. Two years later, our rent has increased to over $1800. And even signing the two year lease this time, I was shocked to see how much it had gone up. I was born and raised in Brooklyn, my family is mostly all here, but these prices are really starting to worry me. We might not be able to afford it soon 😢
As a former NY residents that was born and raised I'm telling you to move SOUTH. Best choice I've ever made. My family from the BX and Harlem love it down here. The cost of living is going up but nothing like NY.
Seems like y'all might have to move to another city that's cheaper rent seems only thing people can do
@@SaaayUNCLE Yall keep moving is messing us up down south!
We do not care.
@@sandblast5636 If you can't be happy, nobody should be happy right?
Sigh......hearing this is so disheartening. As a new resident to Brooklyn, transplant from the midwest, NYC living has always been on my to-do list as an adult, but as what cost? Why should I, someone who is closer to 40 than 30, have to decide to live with strangers to struggle? I am lucky where I am currently at, 2-bed for under 2,000, but when will it end? In the back of my mind, I am already preparing to leave when the evitable rent increase comes and I can no longer stay here. No wonder people stay in broken relationships just to keep an affordable living.
Agreed. I have lived in South Jersey my entire life thus far, I am closer to 40 than I am to 30, and I wanted to move to Brooklyn one day. That seems like that will never happen now.
Go. Home
NYC is an experience, better to travel and visit than to live here permanently unless u can find and keep a rent stabilized apartment. I got lucky in that regard. I used to live and grew up in the Midwest but I was born here and came back 16 years ago. If I did not have decent rent in a decent neighborhood right next to transportation I would have moved out ages ago.
@@Militantreturns like fr🤣🤣🤣
New York is always been expensive. You guys must be young.
"recent renovation" on a ground floor/basement = recently flooded
I live in Montreal. It has a the same population as Philadelphia. It quite dense with a big downtown, a metro system and bus lines that go everywhere. Cost of living was really cheap but it went up quite drastically in the last five years. I'm lucky to have a 1 bedroom apt that cost only 595$ (432$ US) with a full kitchen, nice bedroom and a big living room, hardwood floors, 11ft cealings, two balconies and a grass backyard in a quiet neighborhood 25 yards away from a big park along the St-Lawrence river. The only problem is that as the second french city in the world besides Paris, you might need to learn French for better job opportunities. I love New York but Montreal could be a second best if you can tolerate long winters.
@@virtuallifter2438 Modern Québec was built on social-democratic values and our eyes were set on Sweden more then the US for model although being in North America we never could completely accomplish what they have. Liberal values are part of our core identity and religion was out the window half a century ago so we will never be a conservative society.
Native NY'ers have even left....forever. I live in a smallish town in a southern state and the amount of native NY'ers I meet DAILY is insane. These are the people that 'would never leave', the people born and raised, generations of them, in places like Bensonhurst and Bay Ridge. None of them I met have any intentions of ever going back, most of them express extreme disgust for what their home has become.
It’s sad really shows you how bad things have gotten
Yup. Native New Yorkers are very rare to actually see in NY these days. They were all priced out. Whenever my family went to southern states for vacation we would always meet native New Yorkers haha
This is terrible how they treat us Americans. The prices are ridiculous.
*new yorkers. i moved from nyc last year to pittsburgh and im never moving back
This is a NY problem. You have to make $100,000 a year to comfortably live in a one bedroom apt. Go most other places in the country and you can buy a house wind acres of land with that salary
YOU HAVE TOO MUCH COMFORT
well americans love capitalism and how it screws you over
People would rather go homeless than down size and move to the country side. Where i am you can rent a 2 bedroom house for $400 a month I cant imagine paying over $3000 for a room that can barely be considered a studio apartment.
I was just in brooklyn this past weekend for my sister's funeral and I thought about you. At first i felt prepared because i saw the videos beforehand about the poverty, the inflation and the delivery bikes but when dad picked me up from the airport, i was not prepared. Everything in the local supermarket had such insane prices, bikes were cutting us off left and right, and random people kept coming up to me and my stepmom offering assistance with out bags so they can get a bit of money. I'm also very suspicious about the Williamsburg Houses and other NYCHA developments being converted to section 8 housing because NYCHA supposedly needed to leech off private companies to get repairs done. To anyone outside of NYC reading this, NYCHA is section 9/public housing. i don't know how this affects rents now, but who knows how this works out long term, especially for those who lived securely in NYCHA apartments for decades.
The future is scary. I was actually given a job offer to move back to NYC recently, but the starting pay was only $55k and that's probably way too high for section 8 eligibility and way too low to afford a free market apartment without the terror, depression and insanity that is "living with roommates."
Cash, I wish you and your family the best when it's time to get a new place. I love your tornado kitchen. it's probably a hassle to cook in, but it is the tornado kitchen of a happy and well-fed family.
I live in Brooklyn. Grocery store prices here are not much different than other places. I understand not wanting roommates after you reach a certain age, but "terror"? Come on.
@@GregRosenbaum-j5jno it’s terror. I never had pleasant experiences with roommates. I moved out to Virginia and have my own place for 1600 with actual walking room and a balcony. I don’t miss New York
55k in 2023 in NYC…they had jokes SMH
Pretty accurate. It's actually cheaper for me to shop at Whole Foods/ Trader Joe's than the local supermarket / bodega. I feel you on the bikes. Almost hit one the other night because dude had no lights/reflector beams. Feels like I'm living in Gotham City mixed with a 3rd world city. I'm trying to convince my fiance to move. We both have family that still live in NYC . But I told her there's no way Im buying a house here. City is on a downward slope that typically takes 20 years to recover from. Dont wanna be around for a repeat of the 90's
Sorry for the loss of your sister.
I left Manhattan 23 years ago for a tiny, run down former summer bungalow on the Westchester/Putnam border. I had to learn how to drive at age 54. A relative gave me an old junk car which I drove for 6 months before it fell apart. I got a car loan for a new car, a new job 20 miles away. I learned how to drive through snow without having a nervous breakdown. I saved money by buying used clothes, used furniture, and even got a used dog from a shelter. Within the first ten years of home ownership I had to replace the roof, the furnace, the septic, the hot water tank, the holding tank for the water that came up from the well, the bathroom, half of the kitchen and all the outside doors. But guess what? I couldn't be happier living up here in the country.
I'm glad someone is speaking up on this!!! Living in New York is so unaffordable, and I'm literally going down every avenue agencies, NYC housing lottery, the WHOLE nine. Plus 3k is not even affordable when you have to make 40X that to even be considered not selected considered. Not to mention wages can't keep up with inflation now and the shortage in housing inventory is crazy.
Average salary during the Great Depression was a bit under 5k which adjusted for inflation is a 90k salary today.
That's what happens when NYC is the only decent city in the entire US
@@ChickenSoupMusic that is insane
Not even close to being true, a quick google search will show you it was $1400
I used to have family in NYC who left not too long ago. Some of them lived in slumlord apartments. They hated it but they paid really cheap rent which kept them in the city working and saving up to leave eventually. I think that NYC is meant only for the rich if you really want to enjoy it and not live in a trashy area or barely affording a decent clean apartment. I don't know how much longer the working class can stay there. Eventually the rich won't even be able to find local people to do repairs or to clean their expensive apartments and businesses.
Me and the wife bring home 180k combined and honestly we are thinking about leaving.She can work anywhere in the us remotely and I’m a blue collar worker with 9 years experience. We have thought to leave as much as we love NYC born and raised here but when you go visit other cities and their suburbs factoring in cost of living and wages it seems like the obvious choice.
Who Cares?
@@sandblast5636 clearly you do
@@sandblast5636 You sound bitter and salty as hell
@@Im_not_good_with_names he is a troll. Been making the same comment in different threads. Obviously has no life.
Born and raised in Brooklyn also... I left mid 2000s. My advice. Move. Yall are going to fare way better elsewhere. It's sad because I love my home...
My wife and I just moved out of NYC two years ago. She still works in the city, she's a school teacher. We moved into the suburbs in NJ and our money goes SO much further here! We bought a house about 15 minutes from Staten Island. There is ferry service now about 10 mins from our house that goes right into the city. There is the train that takes you into the city as well. She drives but there are other options if driving wouldn't work for you. We are so much happier here and moving from NYC was one of the best decisions we ever made!
Hi! Im in NYC and im looking to move as well. What area has a ferry to the city?
Which city if you dont mind? My fiance & I are looking to move as well
South Amboy I'm pretty sure. If not somewhere right around there. Pretty sure there are 12 ferrys a day.@@dayumdrea
We're in Monmoth County. Old Bridge, Matawan, South Amboy, and Seyerville are all close by and very nice places to live! @@joshs8089
Yikes!! I knew it was expensive to live in New York, but this is getting scary, I live just outside of Baltimore and I am retired. I cannot keep up my house that I've lived in for forty years. The property taxes are out of control. I just signed a lease for a senior co-op apartment in the area. I was really lucky to get in. Hope you can stay where you are as long as you can. Love these news reports. I think you have found your calling.
It's called gentrification
DC creep. More people working in DC have to go somewhere. It's a short commute from Baltimore or areas like Ellicott City or even up towards Fredrick. Once the govies start looking for houses the wheels come off for locals or long time residents. One of the many reasons I left MD.
The really scry part is these people ARE LEAVING .....and going to low tax and cheaper TO LIVE RED states ....the only problem they are bringing their LIBERAL ASINE DEMOCRAT THINKING WITH THEM...this is all part of the plan...to turn states...Texas is becoming dangerously purple........
@@jreese2474 I left Maryland at such speed I landed 5000 miles away and never looked back.
This is why even having a mortgage already paid is still hard cuz property taxes will creep up on the elderly retire who berly finish paying off there homes just to be slap by additional fees while on a fix income . Seems like capitalism tries to cut you one way or the other
I am a Brooklyn landlord. Here is why rents went up 25% over a very short time: in 2018 if you were looking for a Brooklyn apartment, half of the available apartments were rent stabilized units. In 2019 new rent laws passed removing all incentive for stabilized landlords to rent their apartments. So now not only do you have less availability, but those that are available are free market!
In addition, it will only get worse! As tenants with stabilized apartments move out or pass away...those apartments will be deliberately be kept off the market. This will cause an additional strain on the available apartments.
I saw this coming back in 2019. Every landlord saw it coming. Only the city with their stupid idea of hurting landlords didn't see this coming.
Landlords are protesting against these laws by getting out of the landlord game. You can't loose if you don't play. As a landlord, I can't blame them and would do the same if I was in their shoes.
Those stabilized apartments are never revealed publicly. You have to know someone who knows where they are.
We left for Philly in 2021 bc we couldn't afford BKLYN any more. We're all native Brooklynites. My family goes back 3 generations in Bklyn. We were able to buy our first home in Philly. There was zero chance in NYC.
The cost of living in NYC and Brooklyn has been high for years, but the current rental price gauging makes it infinitely worse. I keep hearing of friends who live here in upstate NY and are moving to places like North Carolina. This is a rental crisis and at least here in upstate NY certain specific groups are making a shitload of money off of it. Shame.
Albany NY area... Upstate NY 👍
I left London late 90s and now own a 3 bedroom, 2 bathroom, 2 reception room, front & rear courtyards, large kitchen & dining room. The property cost me £160k…..the same property in London costs approx £500K
More than that now. Depending on location. A 3 bedroom with couryards in central west would be over £1m.
@@Daniboi971 there it is pal…..I’ll just visit the big smoke twice yearly 😆🙏
Smart👍🏼
This is happening all over America . These huge increases in Rents are putting strains on Families everywhere . With Homes being almost totally Unaffordable for the Middle Class . Rents will only continue rising across the Country .
Well, the homes or units are costing more to buy and keep increasing so yea high rents will go up!
The fact they think that apartment looks nice is INSANE. People have truly lost their minds.
The apt is absolutely beautiful, the outside really does it!
America is living in delusion 😂😂😂
@@marionmarino1616 To each his own I guess? But for $3200 a month it seems like a terrible deal to me. The private yard is the only good selling point but it's not exactly the garden of eden either.
@@raystacks It’s all about what the market will bear, babe! If they’ll pay they’ll charge it. And they’re paying it!!
It's not a bad Apartment, but at $3150 it's not worth it.
I Live in the country 15 minutes from a small town , i cannot imagine paying any where near this amount . My heart goes out to these people 😢, its just insane ❤
As a senior citizen with about $9,000 a year Social Security income this apartment situation in New York is absurd to me.
9,000 a year is crazy should've put in more work😅🤣
@@brutaldabs5829 I did work hard. I was earning a whopping $20,000 salary as a senior technical writer when I retired in 1985. COLAs haven't kept up with inflation.
This is mind blowing to me. I live in Georgia about 45 minutes south of Atlanta and I pay less than $900 per month for my four bedroom, two bathroom, 1,900 square foot house on half an acre that I own.
I'm in a rent stabilized apt in Brooklyn and my rent went up twice this year. I've lived in the same apt for 10 years now, and I'm struggling with the decision to stay or move back home to VA. It's gotten super ridiculous here.
Twice in one year? That's illegal go to DCHR 55 Hanson Place in Brooklyn
Sounds illegal to me too. I second the advice. Also call 311, describe your situation. They may have someone who can answer.
I thought they can only raise rent every 1 year or 2 year lease renewal with rent stabilization.
I’ve lived in the same place for 27 years in Queens. I started looking for a new place in February 2020. Of course we all know what happened in March 2020. By the time I felt comfortable looking again for a new place was in April 2021. By then rents went up $400-500 a month. I currently have a 2 bedroom in a private 2 family and pay $1K a month with all utilities included. I want to move to get into a better neighborhood and my landlord is now elderly and doesn’t keep up the property like he used to. I have spent my own $ painting and renovating. I have ceased all renos because my rent went up from $800 to $1K in September 2020. It was $800 for 7 years. He wanted $1.2K but I said it wasn’t fair. I’ve lived here so long and I do a lot of maintenance in and outside the home that I have never been paid for and I earned my low rent for being here so long and putting up with the lack of renovations. I tried the lottery apartments but at my salary, I would have to still pay $1,600 a month for a 1 bedroom. I’m too old for a roommate and I cannot deal with a messy or loud person again. I had a roommate until 2004. I’d rather get a studio or stay here. Ppl are moving from Bklyn to Queens because they are being priced out. I didn’t want to pay more in rent because I help my father with his bills but it’s getting to the point where it’s not worth staying anymore. I will just have to help a little less. For the first time I’m considering moving to NJ.
Although I am a transplant, I moved to NYC 25 years ago, towards the end of the 90’s.. right before 9/11… I had visited at least a dozen times before that and kinda feel like I got to catch a glimpse and experience the charm and character that has been now almost completely phased out of the city. There were street performers and traveling musicians.. I have not seen anyone with their guitar on their back for a very long time. Just as a small metaphor. I kinda have that gentrified white girl look about me but, I’m considered by locals to be more of a staple, especially in the downtown area. As I aged and now in my early 40s, I started to fall more in love with my authentic hippy at heart true self, which at its core does not exactly fit into the manhattan scene anymore. Even in the early 2000’s it was still super eclectic and unique. People say it’s this “culturally diverse melting pot” but, please understand multi ethnicity is not the only factor in making s place diverse. Cultural diversity involves people from all different classes.. not just finance bros and trust fund kids weaves in with the rent stabilized minimum wage old timers. Nyc is now loosing everything that is in between the two. A place is no longer that interesting without an abundance of dynamics. Struggling artists etc are no longer able to afford it, so, what is truly left of the cities “unique charm” aside from it being walkable and aesthetically pleasing? For me what still pulls me in is the geography of it. Being able to walk around everywhere with so much life around me. I’m still there monthly for a part time job while I’m finishing some final details on a new career elsewhere.. it’s extremely bittersweet and it still does feel electric but, a place like that cannot exist the way it’s been so famously known for without it’s mix of people. I left in ‘21 and before I did I would do “forbidden” things like purposely wear flip flops to the deli since that’s a big fashion no no. I obviously would not wear flip flops all over town since it’s dirty but, it was funny to kinda rebel against such s highly fashion conscious place. Last month I wore my pjs to the deli ha. Ironically for my work I kind of have to “look the part”.. and I’m the only one that knows I feel so out of place amongst this elitist culture. I definitely resonate more with like, mom and pop old school business owners that I know and just more every day people. Deep down I’ve dreamed of moving back after saving money with my soon to be new career but, honestly, I don’t think I can do it. I’m holding onto a dream of an environment that will never be the same again. Last month I sat down to meditate at a friends apartment, and something told me to open my eyes.. I looked down and a giant roach was crawling towards me. I CANNOT handle the rodents anymore. The seriously freak me out. For the type of place I can afford, it would definitely more then likely have rodents unless I got really lucky. I don’t wanna hear any comments like “Ha even the transplants are complaining”… I’ve been all up in that bish since the 90s.. I’ve done a lottt of time, made a lot of history.. and I would not take any of it back. My last apartment was smack dab in middle of the loudest block in the LES. My former employers got it for me, so at the time, I couldn’t complain. That was the only time in 25 years that my rent was paid, and the most hellish experience to date. Even old time LES biz owners that had to close during covid are calling that area “a wasteland “.. and that’s coming from some real OG’s. I’ve had to learn to stop reliving a fantasy that will likely never come back to life and from the city or not, it’s still been heartbreaking since I spent half of my entire life there. I am not going back to a place where I constantly have to feel inadequate and struggle to survive. And, it’s sad that even making something like 6k a month has to be considered struggling. All I can say is, I’m so grateful for the memories of being there when it still felt authentic.. at least the first ten years or so I was there. I actually stay in Chinatown now when I visit, and I like it because it doesn’t have that snotty vibe that most all other areas of manhattan have. I only went to BK once in the last few years and when I did, I got robbed at a cross walk in broad daylight.. even in just a hoodie and casual understated clothes so, even if BK is safe now, for a 5’1 lil white chick based on what happened to me, I’ll never feel safe there again. And yes, I know, it’s happening more and more NOT just BK. I’m hip to it. And as far as the subway- that’s a MASSIVE HELL NO for me. That’s basically asking for it nowadays. I feel awful for people that have no choice but to take it. Things are not safe. I did my long winded nyc nightlife era and I’ll never forget how special it was but, that’s when there were people with Mohawks and head to toe tattoos running around, mixed in with the snobs and socialites. Sometimes people change and I’m just way too earthy and non materialistic to even bother to want to fit in. It grew increasingly awkward for me. I would be lying if I said my life is anything near as exciting as being in the city but, I can whole heartedly say I maximized my 20’s and 30’s and it was epic. Last month I tried to force myself to socialize and everyone I was with from my past was basically just doing cocaine and name dropping celebrities that they knew. My eyes couldn’t stop rolling with distaste for this superficial and toxic culture and I left as soon as I could. Who knows where I’ll eventually end up but, I don’t think it can ever be there again. The plot has been lost.
I'm in the same boat with you! I moved to NYC in 1992 and loved it! At least for the first decade, decade-and-a-half. I can relate to your story, although, of course, my nyc journey is not identical to yours, since I am not a "white chick":)) and my cultural background (foreign-born and raised) has often bent the shape of my perception. But I totally dig the excitement of the late 90's and how vibrant and still civil the city felt! I sometimes wonder if the fact that we were in our 20s and 30s, the age to learn, explore and try new things, "made" everything fine... At my current age I look for "finer things" in life, and rats and homeless folks are not my forte (sorry if I offend anyone). As an artist I also gradually grew disallusioned by the art industry in NYC - like everything else it is just a business to make profits. Talentless folks praised as new geniuses by their cousins that own the newspapers or work as art editors at various magazines, their shows held at their other cousins-owned galleries are being touted as "breakthrough", then one of their kin would fake-buy some of their shit - literally, could be an "abstract painting" or a crooked photograph, - for a hefty $1.25M and the legend is born! Supposedly now they can expect anything "created" by this turd to be worth millions. If you're a young artist and expect to succed in NYC based solely on your talent, you will be brutally disallusioned.
And just to tie it with the topic - these are usually the same folks that own and run up the prices of the rents in the city.
So, yes, you and I - we had a good run, but it's over and time to move on. Thank you for sharing your take on it and all the best to you! May I ask what's the next page of your adventure and where are you going?
Well, did you move out of NYC? You made me realize something about myself, thank you. Wishing you the best from Texas.
If wearing flip flops to the deli is considered a fashion mistake, it seems like a not very fashionable place, but more a place of conformists
Same here. I feel seen lol
This has been going on since the late 90s. Park Slope was a very different place. My family, relatives, friends, and neighbors were all forced out over the years.
I lost what I considered a great friend to rent and all due to him getting an apartment costing 3K a month(was awhile back so that was alot back then=I am old). Gated community with guard posts, outside pool and even an indoor pool with a hot tub off to side. I asked him why and he said he and his wife work hard and wanna live well. Fast forward a year and he was working 60hrs a week and started coming at me cause I am good with 45hrs. This grew into his whole identity where he would ridicule me for being soft for not working the full on 60hrs. Divorced within the next year yada yada...and we never spoke again after that.
Sounds like Anthony's Song: "Who needs a house out in Hackensack Is that what you get for your money? It seems such a waste of time If that's what it's all about Mama if that's movin' up Then I'm movin' out I'm movin' out "
@@653j521 great analogy....I never moved in. I am in the group of people that feel that a decent home and then money spent on nice car and doing stuff rather than a grand and expensive house.
What a fucking rollercoaster of a comment. You should reach out to your friend. Sounds like he was a good guy who was making bad decisions
Clearly a very insecure person.
well that person sounds delusional and insane. eff them
People could always relocate out of NYC. I enjoyed my time living there. But after leaving active duty, I saw my time in there being limited. Since moving to Texas, I've more than doubled my salary, purchased a home, made massive savings. In a state with no income tax. There's a lot of opportunity outside of NYC. Plenty of native New Yorkers relocate to other places to great success. The way the city is being ran by Eric Adams is ruining a ton. We can't blame landlords for trying to recoup the cost of the rent freezes...city and state did not freeze their property taxes during that time. People will always move to where there is better opportunity. Concrete jungle
Yes, we can blame the landlords. They need to be named and shamed.
Being born and raised in NY I’m not surprised at the increase in rents. More affordable housing is needed as it is in most large cities. This, however has been the case since long before the election of Mayor Adams. Enjoy TX.
@@icespeaker81So landlords should be expected to not only cover lost revenue because of rent freezes, but also foot the bill for increased taxes and cost of utilities without a problem ?
Please don’t tell everyone about Texas. 😂
@@icespeaker81
Only The Communist owned companies like Blackrock should be shamed!
They thrive off of people's misery!
Not a family or 1 person owned apartment building!
That would be disgusting to shame a family that had to work hard for everything they have, to be shamed for raising rents because everything else is going up around them, like taxes, building and mantinance supplies, food, gas, everything because of Bidenomics!
There are no words to express the disgust I feel for NYC...thanks for your report...good luck!!!!!!
His coverage of NY is BETTER than..the "Lying Mainstream Media".... which I no longer...watch. Only the "Independent TH-camrs" get my viewership.and I'm a 67 year old Black.B1$
I live in Copenhagen, Denmark and shit like this is also a problem here. Luckily the rent in Denmark is stabilised and can only follow inflation but in times like this, that shit is crazy high.
It has become a problem that families with average income and children can’t afford to live in city and almost all households in Denmark have 2 incomes. For the first time since the 1950’s we’re seeing working poor families and a shortage of workers because rent is crazy high.
Native New Yorker here just giving my 2 cents on the matter. Short answer is leave now. I moved to central VA 3 yrs ago with my wife and 2 kids. Was able to buy a house, have 2 cars and a motorcycle. My kids go to some of the highest rated public schools in the state and I don’t have to worry about crackheads breaking into my car. I can leave my doors unlocked if I wanted to but being from NYC old habits die hard. 😂 I had seen family members and friends in the years before leave to PA, FL, OHIO, and every single one of them has had a significant quality of life improvement. Between my wife and I we make about 160K combined so we’re not rich my any means but at least I know my kids can play in the streets and not be in any danger or can run around in my backyard. I have every store possible 5 mins from my house by car. BJ’s, Publix, Walmart, Target, Home Depot, Lowe’s, 4 Gas stations. Countless restaurants of every kind. My only regret is not doing it 10 yrs ago. Hope this helps somebody! God bless!
Thats dope. What part of VA? I'm trying to move out of Brooklyn with my fiance in a few years
I used in Virginia too, but the problem is...what happens when you can no longer drive?
Been watching this homelessness madness in the US for years now. And it shocks me all the time.
another elephant in the room in NYC is that there are many people not paying rent because landlords in NYC are helpless
Great video thanks Cash! Makes me thankful I left the big city 25 years ago. I can’t imagine living there with all the problems you highlight in your videos. 🍻
My mom moved to Florida and left me in a 3 bedroom Bronx apartment. Rent control limited the monthly to $140. When I bought a house in Westchester and moved out the new tenant was charged $850. Was a great apartment. Just nostalgia. Oh, we moved in 1959 and left in 1980. Right now I live in Delaware. New construction rentals everywhere. Cost for 1/2/3 bedrooms is $900/$1200/$1400. Includes outdoor pool and a garage. People here wouldn’t believe NY prices.
might have to move to Delaware
First of all: your kitchen looks fine, Cash! It´s unbelievably hard to stay organized in a tiny place with kids. Also I remember when I started to watch your videos 2 1/2 years ago. Brooklyn seemd to affordable compared to other areas. It´s a shame that people are forced to move over and over into worse places.
@karlwithak. I agree that for the most part it's the landlords greed that make prices go more and more insane. As a fresh starter that could go anywhere in the States I also wonder why people still choose for the city. On the other hand there might be people with serious job offers, a move or love or other reasons that let them take the step.
Why? Why live in NYC. I live in central PA, Altoona area . It is considered part of Appalachia. There’s a lot of older and cheaper housing stock here, jobs are plentiful. You don’t make as much money here as you would in NYC but the trade off is a much, much lower cost of living. It’s not unusual for mortgages or rent to be between $500 and $800 a month. Inflation is hurting us too at the gas pump, at the grocery store and with our heating bills but overall I feel very blessed. Not a whole lot of traffic, beautiful scenery and mountains everywhere. I love the part of PA where I live. I do want to check out the Catskills and the Hudson River valley someday. NY is such a beautiful state once you get outside of NYC. Appalachia has a reputation for poverty but when you adjust for cost of living expenses, I think I live a better life than most NYC residents
This is also causing other places in the area to raise rents as those new yorkers leave. Fairfield County CT is getting insane to where its forcing native CT residents to move.
I lived in NYC, many years ago. The first place where I lived in Hell’s Kitchen was surprisingly affordable for a good reason. My neighbors were shady AF and dangerous, landlady was even more dangerous and a complete lunatic.
It felt like that K-Drama “Strangers From Hell”. The apartment building was even similar to the one in that series, minus the burned out upstairs floor and the torture chamber in the basement.
The Hell's Kitchen you are referring to is very much the past. It is very expensive to live in that area now. Many luxury high rises and trendy restaurants in that area.
That reminds me I have some kdramas to watch
THIS IS DISGUSTING. I was raised in Brooklyn my whole life and it is just INSANE to see what has become of Brooklyn in such a short time. In my old apt building, the upstairs apt had new tenants almost every year cuz the landlord kept raising the rent. I was living in a 3 bedroom, 1.5 bath and our rent was pretty good compared to what was on the market. ($1900 in 2013 and when I left is was $2350.) We decided we wanted to leave and went back and forth on if we wanted to buy in Jersey or just rent another apt in Brooklyn or Queens. Trying to find an apt in BK was depressing! Between the small sizes and poor quality of the apts, the amount of money they want upfront, and the competition for each apt, we gave up and decided to buy a house in Brooklyn, which ended up being the best thing. Our mortgage is less than Cash's rent! And when we moved out, the landlord raised the rent from $2350 to $3400.
Look for another place to live. You have such opportunity to choose. World and the USA has plenty of space to choose from
"we gave up and decided to buy a house in Brooklyn, which ended up being the best thing" ....Which part of Brooklyn did you buy the house in?
@@Jccke did you read the message you're replying to?? they bought a house and very happy about it. "we gave up and decided to buy a house in Brooklyn, which ended up being the best thing"...
@@LocoCocoJorge we bought in Brownsville, which has always been known for being violent but it has been the total opposite for us. Very tranquil, could possibly be the part of Brownsville that we are in.
I’m
A New Yorker and what we pay for what we get is insane…we pay thousands to live in a box.
These videos really put things into perspective because recently I've been hearing about how living in big cities sucks and you should move out of them the first chance you get. I see why now.
yep democrats XD
@@maxbryant560 If you think either party is working in your best interest you are without a doubt the dumbest person here. They serve themselves & the corporate lobbyists that buy their allegiance. Not constituents. Get a grip already.
Even in the city I live in in the Niagara Region 🇨🇦 is getting out of hand. Torontonians can't afford to buy houses in Toronto so they're moving here and it's driving housing prices up and now people who live here can't even afford a wartime bungalow for $250,000+
Plus rents are getting out of hand; we're now seeing many homeless people here.
@@weatherlou I live outside the USA and things are pretty bad where I live so I'm always paying attention to what's happening in the USA.
Yeah, they suck so bad that nobody wants to live there and the rent has plummeted because landlords can't convince people to pay rent.....oh wait....it's the opposite.
This is awful. I really feel for people, times are so hard. If it’s any comfort it’s the same across Britain. 😢
Im glad you told us cause I always wanted to live in Britain - im tired of nyc and seems nowhere is affordable
London is a little different, London truly got shafted by the government. Brooklyn did it to themselves. They raised prices, application requirements and allowed for discrimination so that Brooklyn could become an art commune and trendy nightlife paradise. While all low-income, minority and working class families got pushed out, the posh crowd turned a blind eye to it for years and now that in the post-Covid economy it's biting them in the ass, they want to play victim when this is a situation they created for themselves.
@@iamcase1245couldn’t say it better
I can't even afford to buy food at Mcdonalds with these prices, it's ridiculous out there!
They'll tell you that you're not working hard enough
"Just work harder."
-Some boomer with a paid off single family home
@@jer1776”work harder”, Liberals raising rates 3 times in 1 yr.
@@jer1776 My gen X mother says this too
Dude, eating out is not cheaper than cooking yourself, so not surprised. Even mcdonald's is stupidly expensive now.
Hi i am from Guyana south America Georgetown lapenitance i look at your video very interesting keep up the good work that is why i can't live there very hard
It's such a heartache for native new yorkers whose entire roots, community, and network is being ripped apart. While all kinds of folks move to nyc, fact is many of the people making the incomes to afford these rents have at least some foot up in education level, education institution, or straight up help. We don't talk about money much, but most of the time I'm in situations where people do, there are always a majority of 30-something year olds with parents paying parts of their expenses, even if it is just car insurance or phone bills. It is gut wrenching to see adults with sometimes literal allowances walk into neighborhoods that have quadrupled in price since I was a teenager. I grew up in a railroad apt near prospect park that was way under $1k for 15yrs even with increases--that same apt. not even another 15yrs later was recently listed for over $4k--and it's honestly still a sh*tty walkup tenement apartment still on a sh*tty block with a cantina bar next door that blasts music into the night, is commercial but deserted/low walking traffic, auto repairs and 99 cent store product warehousing. It just doesn't make sense. Some properties have had a 10x increase in value since I was a kid. What drives me crazy is that even progressives seem to have an everyone-for-themselves mentality when it comes to the right to pursue your opportunity in nyc, regardless of how it impacts those with both the least ability to keep up and the most to lose. We all know it is a multi-faceted and systemic issue that involves power brokers much larger than individuals, but generally when we know our involvement in a broken system harms others, we divest from it--but not this. I think it's kind of ridiculous to pretend that, especially with work from home, if there was a movement of young professionals to spread out where they move specifically to slow the impact on those most vulnerable, this would not have some effect--but no one who can afford to be here would be willing to rethink the "freedom" to be and do what you want because they can. Not everyone who moves here has these advantages, but so many do. It's hard to take people seriously when they only care about issues that don't actually affect their lifestyle--it's definitely left a dark mark on local progressivism for me, obviously not in a way that overshadows my core beliefs in what is right and what I vote for, but just my faith in the community when there is this glaring contradiction. At least we save energy by sharing more amenities in this urban environment--that is probably outweighed by how many people are displaced to locations of sprawl and to down south though.
I work as a dancer 😢 NYC is still the center of my industry so its a difficult choice to leave. According to an industry census, 60% of working dancers in NYC are considering moving away
Without broadway, theater and dance NYC will become a hollow shell of itself quickly 😢
Staying here, is to consign yourself to poverty if youre in the arts despite that being a HUGE reason people come here
Well I'm in NC, we are getting so many people from NY and CA that it isn't funny. It's these people that are making my cost of living go up here. It used to be that you could easily get a decent apartment for under 1k a month. Still not great when the minimum wage is 7.25 and most places didn't over 12 an hour. With work-from-home explosion, people are just swamping the area where I live, setting back my own plans for a home by years, if I ever get a real chance. So, don't act like moving out doesn't have impacts on people as well. Destroying their social networks as they get financially uprooted. What NY and CA need to do is fix their shit and build some real housing. Stop exporting your problems to other places and act like you're helping somebody.
@@someguy1719 it's everywhere. I didn't "cause it" anymore than You did lol. People are just trying to live and have families and survive like people have always done. Don't direct your anger at the wrong people.
Idk I was born in California on an Indian reservation. My whole family is there, and id have loved to stay, but I cant afford it 😢 and the area has no work.
We are the united states are we not ? Seems to me like, all us regular folk have to decide to come together and actually direct our anger in the right direction ☝️👀🤷♂️
@@someguy1719 I agree more housing needs to be built ✋💀☝️ and as for the homeless issue back home. The first step is housing. My tribe is poor (Kummeyay people) but our reservation has only 3 "homeless" people and 1 rough sleeper rn because of a program we call housing first 👀☝️🤷♂️
People can't meaningfully make improvements if they don't have a place to live. How can you overcome alcoholism if youre being forced to sleep in the cold and shit in the streets every day ? It's also good, because its easy to keep track of people and check on em 🔍👀🤷♂️
We need to build housing, and put people in it 👀 ☝️
This is not just New York. Florida rents went up 47%, I know I work in rentals and I sent out renewals that were like eviction notices to people who lived there for 30 years.
🧐😳😞
I was born and raised in NYC and my husband and I make decent money and even we can’t afford Brooklyn anymore. We can’t afford rent in BK so we wanted to buy a 2b2b condo but the hoa fees are outrageous and they tell you what you can and can’t do with your own home and most dogs aren’t allowed. Plus most condos won’t do a mortgage and are cash buys only. Who has 250-500k just laying around? I miss home I’m just priced out. Sadly we moved away.
But who are these people coming in and paying these high ass rents???
I just moved to NYC in August, I have 3 roommates and I live in the Bronx so thankfully my portion of rent is relatively affordable, but I feel like I got mad lucky. I moved here for a job before continuing grad school but, despite how much I love the city, I'm really scared about what the housing market may look like by the end of my lease (our rent is not stabilized). My roommates and I are already talking about adding another roommate or two - so possibly 5/6 people in a 4-bedroom apartment - just to keep it affordable. I feel like if you stay hopeful and get lucky you can/should live here if your heart's set on it but the idea of living alone in NYC is unrealistically delusional at this point.