You should also know that for trade to be successful depends on broker ability to trade and your willingness to invest what can yield a better profit on trade.
@@zeynand4039 she could go to the top of the Bronx, borderline of westchester county. Plenty of places that are a lot more affordable and your very close to the city. Yonkers is another town you can look at, you can take the bus to the train and be in midtown Manhattan in a hour or less.
@@scorpioscorpiocancer lmao you are so right sad thing is most of these places are full of rats and roaches and are just remodeled into these old as hell buildings.
Yeah it's absurdly expensive but it's in the West Village though and the apartment isn't small by New York standards ..actually her room is quite large and lovely 💗
As a native New Yorker, I've noticed it's usually the people that move there from other states that pay those crazy rent prices just to be in the city. Locals don't really get "had" like that.
The native New Yorkers are cringing at this, and while I disagree with her choice, I understand. I don't know if I'd call it an investment but she's a TH-cam celeb, and a cheaper neighborhood is not going to give her the "image" she needs for her channel.
@@criss4508 TH-cam celeb, youtube personality, youtuber. I don't know what people are calling it these days because I don't really care about that sort of thing. Point is, her neighborhood is giving her content which is growing her channel.
But isn't there a much less apartment in the neighborhood? I don't leave in NY, but I've 🐝 reading the comments, and most say her apartment is too expensive, she could have got a less expensive apartment in NY.
With NYC you’re really paying for having the audacity to want to live in NYC lol. But her zip is ritzy, there are more affordable options (using affordable loosely lol). But you might be sacrificing a window lolol.
@@gbballpl I wonder if people's views of renting in the city have changed during the pandemic. Most people rent with the expectation that they'll spend most of their time outside of their home. Now that most people are working from home and can't really go out and socialize paying to live in the area might seem a little ridiculous.
Lmao you're not wrong I used to work for a company in the city that dealt with property records and some of these buildings were bough for 200k back in the 70s and 80s
It’s $5000 deposit fee, $5000 broker’s fee, and $5000 for first month rent! Insane that she had to pay $5k for broker’s fee. Should have tried to find apartment where broker’s are not involved!
Not judging her specifically at all and I know this is NYC so you can’t really compare it to other cities, but $15,000 just to move into a rented apartment? That’s a down payment on your own place... wow
Didn't lived out in NYC for long but honestly it's not as bad it's expensive but its only super expensive because most people here live beyond their means and want to be in the city and in the nicest apartment. People also for get that since the cost of living is higher so is your salary...
I’ve lived in nyc for quite a while. This girl is paying to feel rich basically. She could live in queens or Brooklyn and pay SIGNIFICANTLY less for that size of apartment. She picked a trendy area and a trendy building. She works from home! If you have roommates you shouldn’t be paying that much even precovid, even in manhattan. If she was smart she would negotiate her rent down to keep them there but I doubt she’ll do that.
@@leannaduong6516 she said it’s 15k total for all move in fees, not 5k, and I’m talking about paying that kind of money in general not paying just a portion
There really is no misuse of the word. Not everything regarding an investment has to involve assets. Everything is an investment. You invested time out of your day to type that comment did you not?
@@chef_rg.2 small cities and not downtown, I wouldn't think. The median house price in the US is around 230k. But I get the sentiment, it's a lot of money to be renting. She seems to really have prioritized living in the East Village/trendy neighbourhood because of her career but I'm also suspecting she builds her content based on her personality. A guy like Graham Stephan built his content around being frugal and borderline cheap so maintaining his lifestyle isn't as expensive as a "lifestyle" influencer, it's important to align our values with our work.
My landlords sent me a renewal notice RAISING the rent 5%. I tried to negotiate and all they would negotiate down to was keeping the rent the same. Their loss 🤷🏻♀️ Its now on the market for 20-25% less than we were paying. Very short sighted.
@@lisatillett4960 how is she stupid? She chose to actually follow her dreams and excepted the trade offs and enjoys it. Plus she has 500k TH-cam subscribers so I’m sure she’s not sweating $1800 rent.
SMH 🤦🏽♀️ As a native New Yorker, paying $5150 for an Ave A apartment got the people who been living here for decades cracking up in their $900 rent apartments
Not funny. Younger people can do everything right. Go to college, get a good job and still end up living with parents or having a house full of roommates if they want to be independent.
I feel you. Also because no apatment around Ave A cost $5K. In that case might as well live in Cobble or Clinton Hill. Better air, quieter living, and cheaper too.
Previous apartment arrangement had me sharing 1 bathroom with 7 other people 😂 Imagine everyone getting up at the same time to go work. I always had to set my alarm 2 hours earlier than everyone else just to make sure I didn't have to fight for toilet time 🤪
@@william_SMMA Is that not how a normal conversation goes mate?! Plus, who said it was a bad experience for me, I lived like that for a few years cos that was still one of the better options tbh haha 😂
@@artsyfartsy6694 Haha🤡 Hey, this tedious or stressful stuff happened to me Response: oh, that's crazy... Are other places around there as expensive too? OR, is there any regrets you have moving there? OR, what was the scenario back then when you first moved... And do you think you're in a better position right now? These build deeper conversations and connections.
@@william_SMMA I'd respond that way if I was chatting directly with Elena, but my response was appropriate considering the initial comment from Gardening forlife. Plus, I'm not trying to build deep conversation here, merely just relaying a piece of my experience 🤷♀
@@noorjavid2866 And there in lies the problem. It's not normal. What work does this "broker" do that justifies such a large fees. I deal with automotive brokers and I pay out a lot of fees. But this is downright excessive.
@@samuelgoncalves5628 don't they take a weekly management fee from the landlord of 4%? And then they charge a leasing fee to the landlord usually 2 weeks rent?
Must have really wanted to live in the East Village (which is a great neighborhood in your 20’s) bc if she and her roommates went a couple stops north on the 4,5,6 to the UES, she could have gotten the same apartment for $1k-$2k less overall per month. To each their own! Glad she’s making it work for her.
I'm sorry but the concept of having to pay a brokers fee when the renter was not the person to hire said broker, boggles my mind. If the landlord hired said broker, shouldn't the landlord pay the fee?
@@gpNYC unfortunately they are. My boyfriend and I were looking for an apartment 2 weeks ago and brokers fee was always tacked onto the price. We had found a 1 bedroom apartment that cost $1700 and the brokers fee was $1700 + one months rent+ security deposit.
I have managed rental properties for ten years, and the landlord pays the broker's fee. This is usually the first month's rent, meaning the landlord doesn't get paid until the second month of the lease. If this is common in NYC (it isn't in the two states I've managed properties), then renters of NYC should rise up and demand some change. Charging tenants the broker's fee is equivalent to being charged a tax. They can only get away with it "because New York."
Girl I’ve had my two bedroom apartment in Brooklyn all to myself for two years. Paying $1200. Now with the pandemic there’s plenty of apartments available for under $1500.
Live in a small city and have less earning potential and pay less or live to a big city make more and pay more. You can’t have your cake and eat it too.
I hate that y’all have moved to doing features on TH-camrs and social media influencers and etc, showcasing them is definitely unrealistic in my opinion
Are they not millennials? Are they not telling how they as a millennial are making money? Not everyone had the same job or lifestyle and that’s the point.
As a NYer, I hate reading comments on these like "you pay too much, this city is a scam! I live in Armpit, Georgia and pay $200 for an 8 bedroom mansion!" But with that being said... this girl pays too much, and East Village prices are shameful.
These days with everything being still shut down and ppl working from home living in nyc doesn’t seem as much as an investment it used to be .. atleast for right now.. I live in NYC so speaking from experience lol I pay 1050 to be in my room all day
She already said this maybe the last year she and her roomies will be living in this space, she’s just waiting on her lease to end. If she and her roommates attempt to move now and break their lease that’s going to cost them more money. I have a sibling who lives in the city, too, who tried to break their lease and their building said if they did, they wouldn’t get back their security deposit and they would have to pay three months worth of rent (the building claims that’s how long it’ll take to get a new tenant). If Elena’s building uses this same rule, that’s $15,450 for the three months owed and the $5k security deposit, so that’s $21,450 total they’d lose. Not worth losing all of that. It said she moved in February of 2018 or 2019, so if they only signed a one, or two, year lease, they only have four months until then, wait it out. Residential buildings have lost a lot of money because people have moved out and people aren’t moving into the city, they’re going to nickel and dime people for everything now so best believe they’ll do that if they attempt to break the lease.
@@swicheroo1 not sure if your comment is in response to my sibling or the girl in the video but w/my siblings situation - they tried to renegotiate, but again, the building is nickel and diming everything. The building said they’d only take off $75 from the lease, which I will say IS better than nothing, but still isn’t much. There’s an apartment on a lower floor that’s essentially the same layout and size as my sib’s apartment, but is significantly lower in price, my sib brought to the the attention of their building and the building said it’s cause that apt is on a lower floor (higher floors are more desirable). I think my sib is in the midst of asking to just then move into the lower floor apt. But yeah, buildings aren’t making it any easier on people cause they haven’t received any aid since the pandemic started so they’re also struggling so they will get you at any corner.
@@goldenxdiva6562 Hmm seems really specific to that building! Most people I've talked to have managed to get at least $200 off their rent. I got almost $500 a month off per month back in August (I bet you can push for lower now too).
As someone who's moved into the city in his 20's she's spending too much. She could've moved to Brooklyn, LIC, or high UES for a cheaper shared apt and paid less while still enjoying NYC. People whose first nyc apartment is in the village should be raking in 6 figures.
@Laura Daehler oh didn't know that, I'm not familiar with her. I see she has 524k subscribers on TH-cam, great work. I hope it keeps growing so she can get a 1br with some space!
Thank you because I live in NY and I'm like you could get a huge apartment in Greenpoint, Crown Heights near Franklin Ave, a newer apartment in LIC which is two stops from Grand Central station. You could also get a walk up on the UES for 2000 or 1800 if you negotiate given that there are more vacancies in Manhattan now. 5000+ plus and you have to share a bathroom. You could put a down payment on a home in the other boroughs for 15k with an FHA loan stop it.
@@matchalovr99 And people say the same thing about New Yorkers moving to their state Philadelphia for an example. I'm a New Yorker and don't care people will move where they want to GTFOH in my New York accent.
I have never really understood the pull of “Lifestyle” TH-cam Gurus. You’re basically sitting there watching someone sell you their lifestyle. If it motivates you to better yourself, fine but most of the time people are just left dissatisfied with their own lives and buy more crap or travel more for the FOMO. I just don’t get it.
Lifestyle TH-camrs are filling a gap that people want in the same way magazines did before the internet. I get what you are saying but there's a market and she's taking advantage. Kudos to her.
i started following a few because i wanted to be fashionable and learn how to look pretty and uh.. i unfollowed almost all of them and only kept the funny ones around. suddenly their fashion tips stopped being primark and h&m and thrift finds became luxury brands deals. their quirky appartments are now professionally decorated. their funny travels visiting grandparents are now brand trips. it all became heartless and boring.
I personally think $5k for an apartment like this is insane, but Elena’s content is all about living in New York and being trendy in Manhattan. Let the woman live and do what she wants with her money. At least she’s not gentrifying moving into the Bronx or Brooklyn.
Well, except she did do an apartment tour of her friend's place in Bushwick where there was no mention of gentrification, just how magically "affordable" Bushwick was. I don't think they meant any harm, but it came across pretty tone-deaf.
Everyone saying it's an investment in her career -- You can still get a less expensive apt in or around NYC and still have a successful TH-cam channel. 🙃 This is not an investment.
Watching her praise her roommates for their unique tastes...it literally looks like the same exact person styled every single room. I'd like the hanging plant + white bed sheets + one Murakami novel starter kit, please.
I was born in ny and the only reason people pay this much for the space is the location. Otherwise if you move to brooklyn or further out its much more affordable for a 1bedroom apt which is way less than the 1800 she pays with roomates
I live in a 3 bedrooms, 2 bathrooms apartment with my family in Briarwood, Queens and my rent is $2000! Also not to mention I have two subway stations and several bus stops closer to my house making it super convenient for me to travel.
Actually currently, DUMBO near the water (water st I think is where the area I'm referring to) is THE most expensive area in ALL of NYC right now. SO depends on what part of Brooklyn. In the video's situation, it's just a straight rip off.that's not even NYC's standards
These millennial gentrifyers make it too easy for the scamming landlords in nyc. Real kicker my old apartment is right around the corner ave a and 4th street. We had a 3 bedroom (same walk up) for $3200 per month. I moved to be in a cheaper building with more luxury amenities (elevators, laundry, etc.)
It's a good deal for the landlord. Good thing she looking to move. People get bad 1st apartment but learned from it. At least it's not a 10 year lease.
Elena is so sweet! A good reminder that just because someone lives like this doesn’t mean you have to 😊 we all make our own decisions on the way we use our money and what is best for ourselves. I have no doubt the opportunities and the doors opened she has had living in NYC in this apartment. Please be kind with your comments!
She has wealthy or at least well off parents in Cali. I don’t understand how she can afford that with her videos which don’t do THAT great in terms of views, but I’m probably wrong
@@partyrockificatiable that’s very understandable it but it doesn’t justify paying almost 2k for a room....a room. Most financial advisors would say this is a terrible decision.
@ Yea, I’m sure her parents (or family) are the ones “investing” in her. They would prefer she live with roommates and in a “safe area” of New York City.
@@KweenPhotos There are always many possibilities. Rent in NYC (and in major cities in general) is that high only because there are tons of people who are willing to pay as much.
@@mirjanapucarevic2105 yeah, that's normal. But not what she is paying for. Living with 2 other ppl, in ny you can live in a decent apartment in a nice area for 1k. That's just so overpriced
For under $2000/Month you can find decent apartments outside mahattan in nice/safe/decent neighborhoods. Even you can find a mortgage for less than $5000/Month.
It’s the only one bathroom at that price point for me 😳 Tbh the village has always been overpriced. I hope she takes advantage of the new NYC pandemic rent rates and re-negotiates her rent or finds a new place.
Not happening in Texas. Housing prices have jumped almost 10% in less than 6 months and NOBODY wants to haggle over prices. I can't afford even a 900 sq ft house withOUT a garage. Add a garage and hit 950 square feet and it's a whopping $110-120,000. Ridiculous. And no, it's not modern inside. Most are ancient 1980s style and look like Soviet era townhouses.
@@vicwillis4295 Whatdoya mean "voluntarily"? That's the only way to rent an apartment in NY. These old buildings don't have leasing offices where staff sit all day waiting on folks to walk in.
Capitalism is also Facebook Marketplace. Capitalism is also Airbnb. Capitalism doesn't mean necessarily expansive, it if it's the only way in NYC, I bet there's a finger of the government in it.
@@JamalPhoenix But she can still travel/commute to those places she wants to make content at. Her career can be done literally anywhere. So definitely don’t think living there is an investment, she not getting a return just from living in that overpriced apartment.
I mentioned how I'd never want to live in New York and someone said yeah, as you get older, you want to live somewhere more calm where you can grow your own food. Excuse me? I may not be 20 something, but I'm not old. Many people choose smaller towns in their 20s. Everyone does not like highway robbery and dirty concrete jungles and the insane prices.
They pay the price they are given, it’s not common in other parts of the US to haggle rent if that’s what you’re talking about. Be angry at the brokers and landlords who are driving up the price, not the people trying to find a place to live.
I will never understand how anyone can justify that kind of price to live there just for a nice neighborhood... Especially when she technically could live literally anywhere.
To each their own. Living in the city in your 20's / 30's at least for a bit is something you'll never forget. Not just for the experiences but the professional contacts you meet. Graduating from college and immediately working from home in a rural area from now til retirement does not suit everyone.
@@pkal244 I get what you're saying, there are lots of benefits, but what you're saying is a false dichotomy. There is a lot of in-between living rural and living downtown in one of the most expensive cities in the world. There are a ton of amazing cities where a 3 bdrm apartment goes for under $2000 per month downtown.
@@pkal244 it’s not worth it I’m my opinion. I live in Dallas and she could get a mini mansion here lol or anywhere in TX for that price. I’m taking 5000-6000 square ft with a huge lot and no neighbors in sight
@@goldenxdiva6562 I just meant that this new Unlocked Series CNBC put together seems really neat! When I said "Sponsored" I just meant that CNBC created the segment.
Most of you have never lived in NYC. She lives in one of the best neighborhoods, that is very convenient, has some of the best restaurants, stores, safe, clean (nyc standards), etc. In NYC people don't spend a lot of time in their apartments, so its all about location and how close you are to the train, bar, restaurants, etc. because almost everything happens in Manhattan . If you move to Brooklyn or other borough even though you can have a better apartment, no one will make the trip to visit you, probably all of her friends go hang out at her house because she has the best location. Probably not worth it now with the pandemic though. The 15k deposit is refundable.
@@happysunshine5906 exactly! Like if someone is not willing to take a train ride to come visit you, then maybe they are not really your friends. When people like you just because of where you live, then they don't like you, they like your apartment....
@@haniehiravanian2841 eh it's just practicality. As someone who lives in Manhattan now and Brooklyn before I had no issue with people not wanting to visit me when I was in BK. With the trains it can be as long 45min door to door. Plus there are more options in Manhattan so it was always the "home base" especially since the biggest apt of our friends was in the city.
I mean i love manhattan too but i think saying almost everything happens in manhattan is a bit much. Maybe work wise but there is so much amazing things in other boroughs. Its sad how some ppl move here and dont even explore such nearby areas. I live in Queens and its amazing and im still 30 mins from manhattan.
I live an hour outside the city. Rent is $1175 heat included for a 2 bedroom and my apartment is at 3x that size. I live down the street from metro north. Pay $40 bucks for the train and bam I’m in the city
I got smart and started to live within my means and don't need to show off. My rent is $800. The difference is amazing..I am a walk from the areas I like and the stress is MUCH lower in my life. I work as a consultant and once in a while my contracts all end on the same date or roughly the same time period. I literally took a month off without a worry..there's money in my bank for once!.
People are so dang judgy, sheesh! You can't put a price on fulfillment and happiness. I've lived in NYC - brilliant city, nothing like it in the world and worth every penny. Glad she's making her dreams come true!
Agreed, nothing compares to NYC. I've lived here for a while (very close to where she lives actually) and pay the same absurd rent she does and I wouldn't trade it for a thing
Honestly, this just confirms why I've never wanted to live in a VHCOL area (New York, Los Angeles, San Francisco, etc.). Paying that amount of money to share a space with two other people is just...not my jam. I get that a lot of it is opportunity cost to live in a place like New York, but I'd rather live in a smaller city and get more space for less.
I totally get it, I live in a major city and pay out my butt for a tiny apartment, no view, no parking space, washer dryer in building that hardly ever work etc. I signed up with the idea that I'd rarely be inside the apartment and always at work and out and about. That was a big deal for me because I was going crazy in the suburbs where I grew up, a lot of space but nothing to do. Now that I've been inside my shoebox of an apartment I miss the suburbs and all of the space. Rent prices in major cities is a scam.
@@MegaSausageboy I've visited huge cities like New York, and I've lived in smaller cities before. I honestly didn't feel like I was missing much with the smaller cities. I still had good restaurants, solid public transit, lots of stuff to do on weekends, etc. I can always visit New York if I want to see some great musicals or eat awesome food, but I can save up for that vacation by living somewhere cheaper. :)
@@MegaSausageboy disagree completely. She is not missing out on anything. That's a poorly conceived misconception. Where u live is where u are centered and grounded. There is no way on EARTH that apartment is worth that kind of money. One bathroom. Unreal
@@NaeOnYT To each their own, I'm from Houston, I used to live in Dallas, and now I live in LA. It's worth it. I think people in small towns don't understand how much opportunity there is in big cities. Better restaurants, better entertainment, more diversity, and a better professional Network. I can say with 100% certainty living in large cities has made me significantly more money than the average American. I'm 28 with a $215,000 salary that I would not get if I lived in a small town.
My Chicago suburb mortgage payment is $849/month (not including property taxes) for a 4 bed 3 bath...... please don’t lie to yourself thinking this is even remotely close to a good use of your money.
Interestingly, Elena posted a video that was virtually the same on her channel talking about the price she paid for her apartment, and the comments were largely positive with some commenters praising her for finding a "steal." Here, people think she's overpaying and got scammed by that broker (which I agree with). I do think people here were a bit harsh, but it's interesting to see when an influencer's bubble bursts when they're exposed to a larger and different audience.
@@TH-camUzername Yes... it's still makes sense for me.. I keep my investments generating a median 20% year return (think of compounding returns over liquid mtk securities V one real estate), any problems with the apartment is covered by the landlord, I have flexibility where to live. Whenever I find the right opportunity for my family then I'll step in.
@@TH-camUzername That's completely understandable... But it does work for quite a good amount of people depending their life choices and planning. Best of luck!
I lived in NYC for 8 years. Moved from NYC to Seattle 6 years ago. The last 4 years I lived in Ditmas Park, Brooklyn - in 2010 I found a 750 square foot 1 bedroom, rent stabilized apartment for $950/month. The last year I lived there(2014) I was paying $1350/month. So much more worth it to have your own place and save thousands of dollars a year. IF you don't mind the 45 min. commute to Manhattan. Ditmas Park BK is also beautifully historic - a lot of Boardwalk Empire was filmed there. I also enjoyed finding all the authentic BK bagel and pizza spots that was beyond tourist's reach!
Wow $5,150 rent 😮! By the way please bear in my mind the keyword "rent" that is not investment. That is simply 5,150 × 12 = $61,800 that goes to the landlord.
I must say how impressed I am that she can afford that rent (as well as the rest of the expenses living in New York requires) with as young as she is. When I was 23 I lived on my own and in the West Village but could not have been able to afford that much. I also appreciate that all the roommates read. 🤓 Books everywhere! Edit: I do think it's absolutely absurd the amount of rent. They were fully jacked!
That is an insane amount of money. I live in North Carolina and $15,000 would be a down payment on a home here and if you chose to rent, my nice 2 bed/2bath apt for over 2 years! Amazing the difference in the cost of living.
Closing on a $350k (2300 sq, ft) house in Houston and my mortgage won’t even be the cost of her portion of rent. Been to NYC many many times and I don’t see how people do it. Insane prices.
I’m a Bronx native and I’m grandfathered into my apartment at 890 thanks to my family but my friend has an apartment in queens for 1800 and she has a 2 bed one bath. You were straight robbed but I’m not surprised they do that often to tourist who don’t know anything
There’s plenty of studios and 1 bdrms you can get for that same price if you just look around. My friend just moved into a studio in midtown for $1900. I used to live in a brand new 2 bdrm right across the river in Union city for $2400. It also had a washer and dryer included in the unit (something that’s almost non existent in most NY apts). This was life changing to me and something I could never go without again as I’d been used to going to laundromats living in NY. Never again. My commute to work via bus into midtown took 50 min door to door. Also she’s living with 2 other people and having to deal with two other mannerisms and personalities. Regardless of it all after 33 years I had enough of NY and it’s never ending price hikes and endless tax increases and moved to Tampa, FL. What a difference. Best decision I ever made.
I wish TH-camrs/vloggers realized they can make great content anywhere. If all vloggers live in NYC or LA then we’re basically seeing the same content again and again. Show me life in Oklahoma, Nebraska, Ohio, Alabama. Places I’ve never been but would be intrigued to see what daily life there is like! You’ll make the same money but spend far less!
I used to live in a brand new three bedroom two bathroom apartment with a balcony in Sarasota, FL that was $1850 TOTAL per month - meaning each roommate paid around $600. This is ridiculous ! That kitchen is definitely not “huge”.... I don’t know how people pay that much for that little.
I'll never understand how New Yorkers can spend $15,000 to live in a tiny little outdated apartment and then say "it's worth it". What's worth it? You don't even have a yard.
@@ImNotADeeJay but she could own a home in the suburbs instead , work from home and go to the city 4 days a week if she feels like it lol. Pretty obvious choice.
I pay $1,995 (net w/ 3 months free) for a pretty decent sized 2-bed in Lincoln Center/UWS. No broker fee. Split it with my gf ($1,000 each), so the extra room is a home office. Oh and there is a concierge at the front too. She’s totally getting robbed man.
I live in the Austin TX area and you could buy a whole house for about $1800 in mortgage each month. THAT'S an investment. And Austin has lot's of tech and marketing jobs
It's quite a nice apartment by NYC standards. This works for Elena, but might not for everyone. Using a standard rule of thumb, she needs to have a job that pays over $70,000/year, which is less likely for 23-year-olds in many other parts of the country. She needs to enjoy living and sharing with others, giving up the privacy and independence that some of us value. She also had to locate two compatible and financially able people to share with! If living in Manhattan is necessary for your employment and/or lifestyle, this can work.
That pricing is insane. Even in New York, you can get a one bedroom for the same amount she pays for her portion of the rent. She should not be sharing an apartment for nearly 2k
She is a real person, and her content really helps me and many others and is very uplifting and encouraging and always makes me feel better and inspired. Just because someone is a content creator on TH-cam does not mean they don’t deserve things like this.
It's a way for her fans to flock to this video, generating ad rev for CNBC. And it will bring gullible people over to her channel. It is also possible that she is paying CNBC to feature her, which is a routine thing for influencer scum. It appears we were all suckered into watching this infomercial.
sooner or later people are gonna have to start realizing that youtube is a legitimate career, and good people like elena can be successful on youtube. stop being judgmental
@@Alduinsshadow148 i'm not saying that CNBC shouldn't stop covering youtubers anymore. you said "show real people." you need to realize that youtube is a legitimate career, and youtubers aren't just a bunch of vapid idiots like everyone thinks they are
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I paid 1400 for a room in williamsburg, it was much larger but this isn't that bad for the location actually, she can get better. I moved to California last year but I do not regret paying absurd rent in NYC for one second. I moved to NYC without work experience (worked as a server prior) , took an internship that became a full time role for 40k and within 3 years was able to 4X that starting salary. The hustle and bustle of NYC drives you like nothing else. I see comments roasting her on seeing it as an investment, but I agree with her. Do you girl.
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As someone who is born and raised here and lives near NYC, 100% this is not worth it, she’s getting robbed.
Where would you advice her to go? Im looking for a place for a year just for work, but im from Germany so don't know anything about living in NY.
@@zeynand4039 she could go to the top of the Bronx, borderline of westchester county. Plenty of places that are a lot more affordable and your very close to the city. Yonkers is another town you can look at, you can take the bus to the train and be in midtown Manhattan in a hour or less.
@@jlozano180 but what if you want to live in Manhattan?
@@Hamrock then your going to pay unless you get a lottery apartment in a nice building downtown or find a cheaper spot in Washington Heights.
That’s what I thought like I live in a 3 bedroom apt and Ik it’s ain’t that much
This apartment is not worth that price ugh. NYC is so disrespectful
It's people like her that keep the prices high, though
@@scorpioscorpiocancer lmao you are so right sad thing is most of these places are full of rats and roaches and are just remodeled into these old as hell buildings.
Go Dayton Ohio
It’s so infuriating to see people pay these ridiculous prices. I’m born and raised NY and I would never ever pay that
Yeah it's absurdly expensive but it's in the West Village though and the apartment isn't small by New York standards ..actually her room is quite large and lovely 💗
As a native New Yorker, I've noticed it's usually the people that move there from other states that pay those crazy rent prices just to be in the city. Locals don't really get "had" like that.
True
The native New Yorkers are cringing at this, and while I disagree with her choice, I understand. I don't know if I'd call it an investment but she's a TH-cam celeb, and a cheaper neighborhood is not going to give her the "image" she needs for her channel.
"TH-cam celeb"
@@criss4508 TH-cam celeb, youtube personality, youtuber. I don't know what people are calling it these days because I don't really care about that sort of thing. Point is, her neighborhood is giving her content which is growing her channel.
LES ain't exactly Manhattan vibes. She'd be better off in midtown for that.
@@Ndasuunye LES is definitely considered one of the "cooler" parts of Manhattan.
But isn't there a much less apartment in the neighborhood? I don't leave in NY, but I've 🐝 reading the comments, and most say her apartment is too expensive, she could have got a less expensive apartment in NY.
That price is horrible, one bathroom, cramped communal space, no laundry room... $5100 a month for that???
5100 is for 3 beds. She shares it with 2 other people.
It’s because she lives in East Village. One of the most expensive zips in NY
With NYC you’re really paying for having the audacity to want to live in NYC lol. But her zip is ritzy, there are more affordable options (using affordable loosely lol). But you might be sacrificing a window lolol.
It’s tiny but she’s not paying for the best apt...it’s nyc, you’re paying for the area. Some people just don’t understand.
@@gbballpl I wonder if people's views of renting in the city have changed during the pandemic. Most people rent with the expectation that they'll spend most of their time outside of their home. Now that most people are working from home and can't really go out and socialize paying to live in the area might seem a little ridiculous.
I’d love CNBC to interview the owner of these properties and the money they make out of it
Lmao you're not wrong I used to work for a company in the city that dealt with property records and some of these buildings were bough for 200k back in the 70s and 80s
@@JamalPhoenix you are forgetting 200k was a lot of money back then and probably property value was not as high as it is now
@@manlikeryan Still tho even if you pay like 350k to buy it and fix it up and stuff the mortgage is only 1600 a month
@@tedmerabet3625 it rakes in a lot of money yes, and thats business, thats how it is
Yes!!!!!!
Okay she lost me at a $15,000 deposit fee
It’s $5000 deposit fee, $5000 broker’s fee, and $5000 for first month rent!
Insane that she had to pay $5k for broker’s fee. Should have tried to find apartment where broker’s are not involved!
that alone could make deposit for a whole house in another city or subarb
@@rzya.11 I’m LA/Dallas, are brokers regularly apart of the rental agreements in NYC? That’s absurd!
How do they earn this kinda money??
All through TH-cam? Impossible
@@ptbauro you can make millions off of TH-cam.....
She said she views the apartment as an investment. She rents, she doesn't own it. How is that an investment?
it's a life investment, as in you won't get many chances in your life to be single(?), young, and in the heart of the most famous city in the world
Given how expensive NY real estate is, it might actually be cheaper for someone to rent than to buy, depending on their living arrangements.
Daddy's money.
@ Could absolutely be the case.
The same way my wife “invests” in shoes
Not judging her specifically at all and I know this is NYC so you can’t really compare it to other cities, but $15,000 just to move into a rented apartment? That’s a down payment on your own place... wow
Didn't lived out in NYC for long but honestly it's not as bad it's expensive but its only super expensive because most people here live beyond their means and want to be in the city and in the nicest apartment. People also for get that since the cost of living is higher so is your salary...
I’ve lived in nyc for quite a while. This girl is paying to feel rich basically. She could live in queens or Brooklyn and pay SIGNIFICANTLY less for that size of apartment. She picked a trendy area and a trendy building. She works from home! If you have roommates you shouldn’t be paying that much even precovid, even in manhattan. If she was smart she would negotiate her rent down to keep them there but I doubt she’ll do that.
@@leannaduong6516 she said it’s 15k total for all move in fees, not 5k, and I’m talking about paying that kind of money in general not paying just a portion
Except a down payment on a 1 bedroom apt in NYC would be $150,000
@@zetyra8336 she is paying to stay close to the NYU Hipsters ...she could get an better apartment in UWS, UES too.
I choked when she said renting an apartment in nyc was an investment
haha same here! someone clearly didn't understand basics in finance 😅
hahaha
i think she meant an investment in an experience for herself rather than a financial investment
Don’t let the world make you a gold digger miss
An investment for her blogging…like a tool or equipment for a business
I dont like how people have misused the word Investment.
She invests in herself. She pays for her apartment and in return gets the experience she’ll always remember and is able to do whatever she wants.
she's investing in her career. and she hit 500k so it's working.
It's an investment since it's her working space. She's a youtuber
There really is no misuse of the word. Not everything regarding an investment has to involve assets. Everything is an investment. You invested time out of your day to type that comment did you not?
@@ashtonfaith You can still get a less expensive apt in or around NYC and still have a successful TH-cam channel. 🙃 This is not an investment.
$15,000 for a deposit fee? That’s nearly a down payment on a house!
@@TheFanboy121 Its insane either way.
It is a down payment non a house. I wouldn't dare
"Nearly"?.....Its exactly the 10% needed in some cities 🤷🏾♂️🤷🏾♂️
@@chef_rg.2 small cities and not downtown, I wouldn't think. The median house price in the US is around 230k. But I get the sentiment, it's a lot of money to be renting. She seems to really have prioritized living in the East Village/trendy neighbourhood because of her career but I'm also suspecting she builds her content based on her personality.
A guy like Graham Stephan built his content around being frugal and borderline cheap so maintaining his lifestyle isn't as expensive as a "lifestyle" influencer, it's important to align our values with our work.
Mine was less than that (with earnest money, inspection,brokers fee, and the downpayment)...For a triplex.
Should try to negotiate a rent reduction rather than move, now that the market has shifted. I did, and I now pay 20% less for the same apartment.
My landlords sent me a renewal notice RAISING the rent 5%. I tried to negotiate and all they would negotiate down to was keeping the rent the same. Their loss 🤷🏻♀️ Its now on the market for 20-25% less than we were paying. Very short sighted.
She's stupid she's been watching too many movies about New York City and how glamorous it is and she's being jipped
@@lisatillett4960 how is she stupid? She chose to actually follow her dreams and excepted the trade offs and enjoys it. Plus she has 500k TH-cam subscribers so I’m sure she’s not sweating $1800 rent.
THIS is the most helpful comment on this entire section.
SMH 🤦🏽♀️ As a native New Yorker, paying $5150 for an Ave A apartment got the people who been living here for decades cracking up in their $900 rent apartments
Not funny. Younger people can do everything right. Go to college, get a good job and still end up living with parents or having a house full of roommates if they want to be independent.
I feel you. Also because no apatment around Ave A cost $5K. In that case might as well live in Cobble or Clinton Hill. Better air, quieter living, and cheaper too.
@@theprincess222 i mean you can leave and transfer schools
The Uber Successful these white gentrifyers have mommy and daddy’s money so they’ll OVERPAY just to live in the trendy grunge east village
That's a facts 😂
This apartment is quite expensive for the size, even for manhattan. One bathroom for 3 people is challenging,
Previous apartment arrangement had me sharing 1 bathroom with 7 other people 😂 Imagine everyone getting up at the same time to go work. I always had to set my alarm 2 hours earlier than everyone else just to make sure I didn't have to fight for toilet time 🤪
@@artsyfartsy6694 why share your own bad experience as a response of another person's bad experience
@@william_SMMA Is that not how a normal conversation goes mate?! Plus, who said it was a bad experience for me, I lived like that for a few years cos that was still one of the better options tbh haha 😂
@@artsyfartsy6694
Haha🤡
Hey, this tedious or stressful stuff happened to me
Response: oh, that's crazy... Are other places around there as expensive too?
OR, is there any regrets you have moving there?
OR, what was the scenario back then when you first moved... And do you think you're in a better position right now?
These build deeper conversations and connections.
@@william_SMMA I'd respond that way if I was chatting directly with Elena, but my response was appropriate considering the initial comment from Gardening forlife. Plus, I'm not trying to build deep conversation here, merely just relaying a piece of my experience 🤷♀
$5000 broker fee? Girl, you got robbed. Anyone paying that bs anywhere is a sucker.
As someone who lives in NYC, this is pretty common. Brokers fees are almost always one months rent
@@noorjavid2866 And there in lies the problem. It's not normal. What work does this "broker" do that justifies such a large fees. I deal with automotive brokers and I pay out a lot of fees. But this is downright excessive.
Exactly automotive not real estate
@@Menead brokers find the apartment, draw up the lease, handle any problems with the apartment while they are making an agreement. They do a lot.
@@samuelgoncalves5628 don't they take a weekly management fee from the landlord of 4%? And then they charge a leasing fee to the landlord usually 2 weeks rent?
Must have really wanted to live in the East Village (which is a great neighborhood in your 20’s) bc if she and her roommates went a couple stops north on the 4,5,6 to the UES, she could have gotten the same apartment for $1k-$2k less overall per month.
To each their own! Glad she’s making it work for her.
The “investment” is definitely paying off if shes featured on cnbc.
th-cam.com/video/y1tpkndljP8/w-d-xo.html
@@sakshiaswal8753 Don't post a link w/o telling ppl what's the content. Otherwise I think virus and I'm skipping your nonsense. 😤🙄😤🙄
Investment? Does she own it
@@christina3938 hence the Quotation marks
@@DavidOSinger Yeah, I don't think she knows what that word means.
I'm sorry but the concept of having to pay a brokers fee when the renter was not the person to hire said broker, boggles my mind. If the landlord hired said broker, shouldn't the landlord pay the fee?
gp they are :(
@@gpNYC unfortunately they are. My boyfriend and I were looking for an apartment 2 weeks ago and brokers fee was always tacked onto the price. We had found a 1 bedroom apartment that cost $1700 and the brokers fee was $1700 + one months rent+ security deposit.
People often misunderstand in real estate, the fee is paid by the owner no matter what. It’s just a matter of how the fee is split.
I have managed rental properties for ten years, and the landlord pays the broker's fee. This is usually the first month's rent, meaning the landlord doesn't get paid until the second month of the lease. If this is common in NYC (it isn't in the two states I've managed properties), then renters of NYC should rise up and demand some change. Charging tenants the broker's fee is equivalent to being charged a tax. They can only get away with it "because New York."
@@nataliefontane I 100% agree with you, but it seems like NYer's don't care.. I wish they did though
Girl I’ve had my two bedroom apartment in Brooklyn all to myself for two years. Paying $1200. Now with the pandemic there’s plenty of apartments available for under $1500.
For $5,150 per month, she shouldn’t need a key to open her door. But who am I kidding?! It’s NYC.
But she’s not paying $5,150 by herself. Did you watch the video?
@@gregoryvierra6114 did I mention anything about her paying the rent alone? Or did I mention that the price is high, in general?
5.150$...
That's almost what I make per year...
Live in a small city and have less earning potential and pay less or live to a big city make more and pay more. You can’t have your cake and eat it too.
Not related to the video but you cute.
I hate that y’all have moved to doing features on TH-camrs and social media influencers and etc, showcasing them is definitely unrealistic in my opinion
I’m guessing that due to virus they can’t use their film crews and have to rely on people that can film and feature in the content themselves 🤷♀️
Anyone that knows NYC would agree that this is actually very realistic.
@@kateleee23 not everybody is a influencer though..makes it all seem scripted or planned. These aren’t your regular everyday people, NYC or not.
@@SaskiaStel right?
Are they not millennials? Are they not telling how they as a millennial are making money? Not everyone had the same job or lifestyle and that’s the point.
*$1850 for a room?! I don't think Graham will be too happy about that!* 😂
LMAO i thought the same thing
You clearly haven’t lived in Singapore
It’s pretty standard for NYC
Can't wait till he does a reaction
@@pinkapple6530 I haven’t lol how much is it?
As a NYer, I hate reading comments on these like "you pay too much, this city is a scam! I live in Armpit, Georgia and pay $200 for an 8 bedroom mansion!"
But with that being said... this girl pays too much, and East Village prices are shameful.
Exactly and NYC offers more than anything
🤣🤣🤣🤣 Armpit, Georgia!!!
You hate it because it’s true lol
@@alp.9672 except fresh air and space
@@epikderpywhale2056 that is true
Thanks so much for having me!
Thanks again for the tour!
Just so you’re aware you can have you OWN place for 1800 just saying
@@nathaliapunch7954 😂😂🤣🤣🤣
Why would you be paying 2000 a month and still sharing a bath with 2 other people?
@@nathaliapunch7954 move to texas and have a mansion for 1700
5 racks a month is wild asl n u got 1 bathroom😂😂
These days with everything being still shut down and ppl working from home living in nyc doesn’t seem as much as an investment it used to be .. atleast for right now.. I live in NYC so speaking from experience lol I pay 1050 to be in my room all day
Graham Stephan wants to know your location
@@imagine7964 😂😂😂😂💯
@@RIZR. if you dont mind me asking, where do you live?
@@bsimmonds1733 Queens
I like her channel. But she should move now that rent is dropping in the city
She already said this maybe the last year she and her roomies will be living in this space, she’s just waiting on her lease to end. If she and her roommates attempt to move now and break their lease that’s going to cost them more money. I have a sibling who lives in the city, too, who tried to break their lease and their building said if they did, they wouldn’t get back their security deposit and they would have to pay three months worth of rent (the building claims that’s how long it’ll take to get a new tenant). If Elena’s building uses this same rule, that’s $15,450 for the three months owed and the $5k security deposit, so that’s $21,450 total they’d lose. Not worth losing all of that. It said she moved in February of 2018 or 2019, so if they only signed a one, or two, year lease, they only have four months until then, wait it out.
Residential buildings have lost a lot of money because people have moved out and people aren’t moving into the city, they’re going to nickel and dime people for everything now so best believe they’ll do that if they attempt to break the lease.
@@goldenxdiva6562 I'd just renegotiate now with the landlord and stay in the apartment. No need to move.
@@swicheroo1 not sure if your comment is in response to my sibling or the girl in the video but w/my siblings situation - they tried to renegotiate, but again, the building is nickel and diming everything. The building said they’d only take off $75 from the lease, which I will say IS better than nothing, but still isn’t much. There’s an apartment on a lower floor that’s essentially the same layout and size as my sib’s apartment, but is significantly lower in price, my sib brought to the the attention of their building and the building said it’s cause that apt is on a lower floor (higher floors are more desirable). I think my sib is in the midst of asking to just then move into the lower floor apt. But yeah, buildings aren’t making it any easier on people cause they haven’t received any aid since the pandemic started so they’re also struggling so they will get you at any corner.
@@goldenxdiva6562 Hmm seems really specific to that building! Most people I've talked to have managed to get at least $200 off their rent. I got almost $500 a month off per month back in August (I bet you can push for lower now too).
It's not smart to move during a pandemic..
As someone who's moved into the city in his 20's she's spending too much. She could've moved to Brooklyn, LIC, or high UES for a cheaper shared apt and paid less while still enjoying NYC. People whose first nyc apartment is in the village should be raking in 6 figures.
@Laura Daehler oh didn't know that, I'm not familiar with her. I see she has 524k subscribers on TH-cam, great work. I hope it keeps growing so she can get a 1br with some space!
Thank you because I live in NY and I'm like you could get a huge apartment in Greenpoint, Crown Heights near Franklin Ave, a newer apartment in LIC which is two stops from Grand Central station. You could also get a walk up on the UES for 2000 or 1800 if you negotiate given that there are more vacancies in Manhattan now. 5000+ plus and you have to share a bathroom. You could put a down payment on a home in the other boroughs for 15k with an FHA loan stop it.
@lisangel I've got family that's been in Brooklyn for 30 years plus I'll be there next week thanks!! Church Ave near prospect park.
Brooklyn and LIC is VERY gentrified. No thanks. We don’t need anymore people moving here and raising rent.
@@matchalovr99 And people say the same thing about New Yorkers moving to their state Philadelphia for an example. I'm a New Yorker and don't care people will move where they want to GTFOH in my New York accent.
I have never really understood the pull of “Lifestyle” TH-cam Gurus. You’re basically sitting there watching someone sell you their lifestyle. If it motivates you to better yourself, fine but most of the time people are just left dissatisfied with their own lives and buy more crap or travel more for the FOMO. I just don’t get it.
Lifestyle TH-camrs are filling a gap that people want in the same way magazines did before the internet. I get what you are saying but there's a market and she's taking advantage. Kudos to her.
i started following a few because i wanted to be fashionable and learn how to look pretty and uh.. i unfollowed almost all of them and only kept the funny ones around. suddenly their fashion tips stopped being primark and h&m and thrift finds became luxury brands deals. their quirky appartments are now professionally decorated. their funny travels visiting grandparents are now brand trips. it all became heartless and boring.
I watch it to see where I should travel when lockdown restrictions are lifted
It's entertaining
If she's happy I'm happy for her. No need to be judgemental she knows what she's doing. Proud of you Elena :))
You're proud of someone who didn't social distance over the summer and went out in public loads without a mask? She's apart of the problem.
She definitely doesn’t know what she’s doing
I personally think $5k for an apartment like this is insane, but Elena’s content is all about living in New York and being trendy in Manhattan. Let the woman live and do what she wants with her money. At least she’s not gentrifying moving into the Bronx or Brooklyn.
Well, except she did do an apartment tour of her friend's place in Bushwick where there was no mention of gentrification, just how magically "affordable" Bushwick was. I don't think they meant any harm, but it came across pretty tone-deaf.
whats wrong with gentrifying?
With remote working I just moved out of the tri state area ✌🏽, best decision and saving so much on rent
Where did you move to?
Misleading title, she pays: $1800 which is A LOT more reasonable.
No. Not to live with other people it's still not worth it
But the title also says living in a 5000 apt not paying 5000 a month for an Apt
Not when you have 2 roommates
Nah. She could say I'm paying $1800 for a room
Clearly you all are not new yorkers 🤣🤣
Everyone saying it's an investment in her career -- You can still get a less expensive apt in or around NYC and still have a successful TH-cam channel. 🙃 This is not an investment.
I agree
They all it an "investment" to cope lol
Watching her praise her roommates for their unique tastes...it literally looks like the same exact person styled every single room. I'd like the hanging plant + white bed sheets + one Murakami novel starter kit, please.
😂😂
So true lol
Wannabe hipster life. Go roller blade and drink coffee while wearing a beanie in 80 degree weather.
@@nickjohnson2640 We drink matcha, not coffee. Get it right, ok? Don’t offend me. And I only wear a beanie up until 75 degrees.
@@TravelBug189 😂
omg did you know you can get renter cheaper outside of nyc?!?! I HAD NO IDEA!!!!!! LET ME PACK MY BAGS AND MOVE TO SCRANTON PENNSYLVANIA RN!!
lmaoooo love
😂😂😂😂
Lololol
Then drive to NYC whenever you feel to ! So much cheaper ! Lmao 😂👌
could just go to Long Island. Woodbury is a pretty good location. Currently even has better gas than NJ.
I was born in ny and the only reason people pay this much for the space is the location. Otherwise if you move to brooklyn or further out its much more affordable for a 1bedroom apt which is way less than the 1800 she pays with roomates
Yep! I have a studio in Brooklyn for $1300. Worth every penny.
I live in a 3 bedrooms, 2 bathrooms apartment with my family in Briarwood, Queens and my rent is $2000! Also not to mention I have two subway stations and several bus stops closer to my house making it super convenient for me to travel.
Actually currently, DUMBO near the water (water st I think is where the area I'm referring to) is THE most expensive area in ALL of NYC right now. SO depends on what part of Brooklyn. In the video's situation, it's just a straight rip off.that's not even NYC's standards
She still believes she got a deal..😅
These millennial gentrifyers make it too easy for the scamming landlords in nyc.
Real kicker my old apartment is right around the corner ave a and 4th street. We had a 3 bedroom (same walk up) for $3200 per month. I moved to be in a cheaper building with more luxury amenities (elevators, laundry, etc.)
🤣🤣🤣🤣
It’S aN iNvEStMenT!
It's a good deal for the landlord. Good thing she looking to move. People get bad 1st apartment but learned from it. At least it's not a 10 year lease.
😂😂😂😂
I'm in East Africa, her monthly rent (5150) is more than my rent for 2 years 😂😂😂😂
Where in East Africa
Or it can fetch you a dope 5-6 bedroom hours in a diplomatic blue zone w/ some outstanding land to frolic in as well. Insane.
Lmaoo wow
Are you being seriously serious right now
@@yonijoni4636 tunisia
Elena is so sweet! A good reminder that just because someone lives like this doesn’t mean you have to 😊 we all make our own decisions on the way we use our money and what is best for ourselves. I have no doubt the opportunities and the doors opened she has had living in NYC in this apartment. Please be kind with your comments!
So she's pretty much like every other influencer who sells the dream of living in NY and LA, how original.
Money is money
Yup. They're all just pathetic clones.
@@Getcho33 they would be pathetic if they didn’t make any money but they do
@@willinton06 actually they dont make money. They give it to the landlord and never get it back. Not sure if you've ever heard of investing???? 😅
It is all a facade ..there is noting real or genuine in her generation.......
She actually has 500k+ subscribers. She’s not doing so bad on YT.
Exactly. TH-cam is paying for that apartment, so no big deal for her
What does she do 😂 people really follow anyone nowadays which is cool a lot of opportunities
Don't she is making that much from YT.
She has wealthy or at least well off parents in Cali. I don’t understand how she can afford that with her videos which don’t do THAT great in terms of views, but I’m probably wrong
5k a month on rent is not a investment.The money is not going into anything and you’re not building any equity.
Its an investment into her career not real estate. Being in new york is probably really good for her utube channel
@@partyrockificatiable that’s very understandable it but it doesn’t justify paying almost 2k for a room....a room. Most financial advisors would say this is a terrible decision.
@ Yea, I’m sure her parents (or family) are the ones “investing” in her. They would prefer she live with roommates and in a “safe area” of New York City.
Yea it is an investment, for her landlord.
@@Gamrider 😂😂😂 forreal
“How is that a thing?” ... because people like you are willing to pay that much maybe? Lol
bc they have no choice? if everything is expensive...
@@KweenPhotos if she moves to jersey city (30-40 mins away) She will get normal house prices. Or just further from NYC in general.
@@KweenPhotos There are always many possibilities. Rent in NYC (and in major cities in general) is that high only because there are tons of people who are willing to pay as much.
It’s basic economics... supply and demand. This comment was kinda ignorant
Idiots, move somewhere that’s affordable
2k a month to live with 2 other people? That's not making sense.
There are a some people that don't like to live alone actually!
@@mirjanapucarevic2105 yeah, that's normal. But not what she is paying for. Living with 2 other ppl, in ny you can live in a decent apartment in a nice area for 1k. That's just so overpriced
For under $2000/Month you can find decent apartments outside mahattan in nice/safe/decent neighborhoods. Even you can find a mortgage for less than $5000/Month.
but then you don't get to live in Manhattan. not everyone wants to live in the suburbs
Let's face it. Content creators love to stay sheltered.
@@TheVirtualStealth and poor people love to comment without even watching the video. Should watch the first 45 seconds. FYI, this is why you’re poor
@@AnilSingh-fb2yn Elaborate...
@@AnilSingh-fb2yn im far from poor lmao
It’s the only one bathroom at that price point for me 😳 Tbh the village has always been overpriced. I hope she takes advantage of the new NYC pandemic rent rates and re-negotiates her rent or finds a new place.
Based on her share alone, she can easily get a luxury apartment in NJ ! Just saying 😩
This is a helpful comment. Most people are just being mean..
That looks like a walk up building with no laundry room on-sight, too.....not worth the price at all.
Rents have fallen drastically during covid, you can get an entire studio or small 1br in Lower Manhattan for $1850/month
Not happening in Texas. Housing prices have jumped almost 10% in less than 6 months and NOBODY wants to haggle over prices. I can't afford even a 900 sq ft house withOUT a garage. Add a garage and hit 950 square feet and it's a whopping $110-120,000. Ridiculous. And no, it's not modern inside. Most are ancient 1980s style and look like Soviet era townhouses.
@@largol33t1 Are u in Austin?
same in SF
Coming from the Bay Area, that is VERY affordable.
She’d be better off moving to a different state and traveling to New York every day it would be cheaper
then she would not lose her hip label
So environmentally friendly and convenient... 🙄🙄
Who has time for that? You clearly
@@lilacharlotte4068 Girl the train is going to run regardless of whether she's on it lol.
@@tytube3001 aa
Even her part of $1,850 a money is a mortgage payment.
That is a understated fact that's a monthy mortgage payment
That’s more than my mortgage... 💀
@@fendysuelleb494 Same! And mines a triplex...in a city....make it make sense.
It's higher than my mortgage, and I live in a very nice neighborhood in Chicago.
$5000 BROKER'S FEE?
My god, capitalism at its heyday.
they voluntarily used a broker. ouch.
@@vicwillis4295 Whatdoya mean "voluntarily"? That's the only way to rent an apartment in NY. These old buildings don't have leasing offices where staff sit all day waiting on folks to walk in.
Capitalism is also Facebook Marketplace. Capitalism is also Airbnb. Capitalism doesn't mean necessarily expansive, it if it's the only way in NYC, I bet there's a finger of the government in it.
Facts .. you dont need a broker to rent a home. That's just dumb
She called her apartment an investment . Not a house or deuplex or equity property. An apartment. Haha I love it. WHERE IS GRAHAM STEPHAN?
I mean it could be considered an investment for her job which is basically making content... The middle of Manhattan is a pretty trendy place.
@@JamalPhoenix yeah there’s more than 1 kind of investment, getting a horse is a luxury for most but an investment for the glue maker
Someone tag him lol!
@@JamalPhoenix But she can still travel/commute to those places she wants to make content at. Her career can be done literally anywhere. So definitely don’t think living there is an investment, she not getting a return just from living in that overpriced apartment.
😭😭😭
How dumb to have a job you can do anywhere and choosing to live in one of the most expensive cities on earth.
Exactly!!
I mentioned how I'd never want to live in New York and someone said yeah, as you get older, you want to live somewhere more calm where you can grow your own food. Excuse me? I may not be 20 something, but I'm not old. Many people choose smaller towns in their 20s. Everyone does not like highway robbery and dirty concrete jungles and the insane prices.
@@shannon2748 cities dont have to be expensive. Cairo has 20 million people and average rent is $150
Yeahhhh wow
My thought too ! Lol 😆
These are the people that drive the cost of living up for native new yorkers
Word💯
Exactly
Hate em
They pay the price they are given, it’s not common in other parts of the US to haggle rent if that’s what you’re talking about. Be angry at the brokers and landlords who are driving up the price, not the people trying to find a place to live.
So New York belongs to “native” new yorkers now?
I will never understand how anyone can justify that kind of price to live there just for a nice neighborhood... Especially when she technically could live literally anywhere.
To each their own. Living in the city in your 20's / 30's at least for a bit is something you'll never forget. Not just for the experiences but the professional contacts you meet.
Graduating from college and immediately working from home in a rural area from now til retirement does not suit everyone.
@@pkal244 I get what you're saying, there are lots of benefits, but what you're saying is a false dichotomy. There is a lot of in-between living rural and living downtown in one of the most expensive cities in the world. There are a ton of amazing cities where a 3 bdrm apartment goes for under $2000 per month downtown.
@@frostman9661 Why? You can't afford it doesn't someone else can't.
@@edenassos that's not the point.
@@pkal244 it’s not worth it I’m my opinion. I live in Dallas and she could get a mini mansion here lol or anywhere in TX for that price. I’m taking 5000-6000 square ft with a huge lot and no neighbors in sight
A CNBC sponsored apartment tour series?! Sign me up!
How is this sponsored? I don’t think she’s getting money out of it? It doesn’t say in the description or anything.
@@goldenxdiva6562 I just meant that this new Unlocked Series CNBC put together seems really neat! When I said "Sponsored" I just meant that CNBC created the segment.
Most of you have never lived in NYC. She lives in one of the best neighborhoods, that is very convenient, has some of the best restaurants, stores, safe, clean (nyc standards), etc. In NYC people don't spend a lot of time in their apartments, so its all about location and how close you are to the train, bar, restaurants, etc. because almost everything happens in Manhattan . If you move to Brooklyn or other borough even though you can have a better apartment, no one will make the trip to visit you, probably all of her friends go hang out at her house because she has the best location. Probably not worth it now with the pandemic though. The 15k deposit is refundable.
Not the real estate fee.
“No one will make the trip to visit you”
1. Maybe they’re not true friends
2. Meet half way
Problem solved.
@@happysunshine5906 exactly! Like if someone is not willing to take a train ride to come visit you, then maybe they are not really your friends. When people like you just because of where you live, then they don't like you, they like your apartment....
@@haniehiravanian2841 eh it's just practicality. As someone who lives in Manhattan now and Brooklyn before I had no issue with people not wanting to visit me when I was in BK. With the trains it can be as long 45min door to door. Plus there are more options in Manhattan so it was always the "home base" especially since the biggest apt of our friends was in the city.
I mean i love manhattan too but i think saying almost everything happens in manhattan is a bit much. Maybe work wise but there is so much amazing things in other boroughs. Its sad how some ppl move here and dont even explore such nearby areas. I live in Queens and its amazing and im still 30 mins from manhattan.
I live an hour outside the city. Rent is $1175 heat included for a 2 bedroom and my apartment is at 3x that size. I live down the street from metro north. Pay $40 bucks for the train and bam I’m in the city
I got smart and started to live within my means and don't need to show off. My rent is $800. The difference is amazing..I am a walk from the areas I like and the stress is MUCH lower in my life. I work as a consultant and once in a while my contracts all end on the same date or roughly the same time period. I literally took a month off without a worry..there's money in my bank for once!.
People are so dang judgy, sheesh! You can't put a price on fulfillment and happiness. I've lived in NYC - brilliant city, nothing like it in the world and worth every penny. Glad she's making her dreams come true!
"In the world".....hahaha
It is fantastic city, no doubt. Nothing like it in the world.. ehh Europe and Asia ha some fantastic cities.
Agreed, nothing compares to NYC. I've lived here for a while (very close to where she lives actually) and pay the same absurd rent she does and I wouldn't trade it for a thing
Honestly, this just confirms why I've never wanted to live in a VHCOL area (New York, Los Angeles, San Francisco, etc.). Paying that amount of money to share a space with two other people is just...not my jam. I get that a lot of it is opportunity cost to live in a place like New York, but I'd rather live in a smaller city and get more space for less.
I totally get it, I live in a major city and pay out my butt for a tiny apartment, no view, no parking space, washer dryer in building that hardly ever work etc. I signed up with the idea that I'd rarely be inside the apartment and always at work and out and about. That was a big deal for me because I was going crazy in the suburbs where I grew up, a lot of space but nothing to do. Now that I've been inside my shoebox of an apartment I miss the suburbs and all of the space. Rent prices in major cities is a scam.
You are missing out. You pay for more than the space you are paying to access all the great things in the city.
@@MegaSausageboy I've visited huge cities like New York, and I've lived in smaller cities before. I honestly didn't feel like I was missing much with the smaller cities. I still had good restaurants, solid public transit, lots of stuff to do on weekends, etc. I can always visit New York if I want to see some great musicals or eat awesome food, but I can save up for that vacation by living somewhere cheaper. :)
@@MegaSausageboy disagree completely. She is not missing out on anything. That's a poorly conceived misconception. Where u live is where u are centered and grounded.
There is no way on EARTH that apartment is worth that kind of money. One bathroom. Unreal
@@NaeOnYT To each their own, I'm from Houston, I used to live in Dallas, and now I live in LA. It's worth it. I think people in small towns don't understand how much opportunity there is in big cities. Better restaurants, better entertainment, more diversity, and a better professional Network. I can say with 100% certainty living in large cities has made me significantly more money than the average American. I'm 28 with a $215,000 salary that I would not get if I lived in a small town.
Whew. Glad she has roommates. 🙏🏾
That place is so small it makes her look like a giant. Poor girl is living in a funhouse.
My Chicago suburb mortgage payment is $849/month (not including property taxes) for a 4 bed 3 bath...... please don’t lie to yourself thinking this is even remotely close to a good use of your money.
Interestingly, Elena posted a video that was virtually the same on her channel talking about the price she paid for her apartment, and the comments were largely positive with some commenters praising her for finding a "steal." Here, people think she's overpaying and got scammed by that broker (which I agree with). I do think people here were a bit harsh, but it's interesting to see when an influencer's bubble bursts when they're exposed to a larger and different audience.
Impressive. 23 and she’s done good for herself.
LOL how? She overpays in rent and lives in a city everyone is leaving
This is Manhattan not the whole NYC...better living and more affordable places outside of Manhattan.
Couldn't agree more! I live in Astoria, pay 2400 for a 2 bedroom apartment with backyard and garage
Gabi Macenauou pay 2400 a month to rent???? 😂😂😂
@@TH-camUzername Yes... it's still makes sense for me.. I keep my investments generating a median 20% year return (think of compounding returns over liquid mtk securities V one real estate), any problems with the apartment is covered by the landlord, I have flexibility where to live. Whenever I find the right opportunity for my family then I'll step in.
Gabi Macena I will never believe that paying thousands in rent is a good idea, there are so many more affordable places to live. This is just insane.
@@TH-camUzername That's completely understandable... But it does work for quite a good amount of people depending their life choices and planning. Best of luck!
I lived in NYC for 8 years. Moved from NYC to Seattle 6 years ago. The last 4 years I lived in Ditmas Park, Brooklyn - in 2010 I found a 750 square foot 1 bedroom, rent stabilized apartment for $950/month. The last year I lived there(2014) I was paying $1350/month. So much more worth it to have your own place and save thousands of dollars a year. IF you don't mind the 45 min. commute to Manhattan. Ditmas Park BK is also beautifully historic - a lot of Boardwalk Empire was filmed there. I also enjoyed finding all the authentic BK bagel and pizza spots that was beyond tourist's reach!
Wow $5,150 rent 😮! By the way please bear in my mind the keyword "rent" that is not investment. That is simply 5,150 × 12 = $61,800 that goes to the landlord.
Can't wait for Graham to react to this. The merging of two of my favorite channels on youtube!
Same, I’m scared though 😨
@@ElenaTaber u should be.....lol he will not be amused ...
$1,850 just for a room?! 🤦🏿♂️🤦🏿♂️🤦🏿♂️
Some people in la pay 1300 for a bunk bed in a large room with 8 roommates with no privacy. Its called share pod
Living in manhattan for as long as I have, that number sounds pretty reasonable to me lol
@@timothyyhtomit it’s called stupidity
I must say how impressed I am that she can afford that rent (as well as the rest of the expenses living in New York requires) with as young as she is. When I was 23 I lived on my own and in the West Village but could not have been able to afford that much.
I also appreciate that all the roommates read. 🤓 Books everywhere!
Edit: I do think it's absolutely absurd the amount of rent. They were fully jacked!
A lot of people could afford that rent. I think what’s even more insane is how she qualified for it.
Why isnt this channel got millions of subscribers this is the best finance channel
It’s all fun and saving until your roommates decide to move to another state. Now u are single-handled paying 5k a month
They’ll lose money breaking the lease
whenever I see the titles of these videos I just come straight to the comments to see people roasting 😂😂
Being a woman in NY I rather pay more for convenience and safety than to be cheap. Kudos to her ‼️
Stopped watching once she said $15k upfront... just to RENT! Not even to own. Wtf
That is an insane amount of money. I live in North Carolina and $15,000 would be a down payment on a home here and if you chose to rent, my nice 2 bed/2bath apt for over 2 years! Amazing the difference in the cost of living.
Closing on a $350k (2300 sq, ft) house in Houston and my mortgage won’t even be the cost of her portion of rent. Been to NYC many many times and I don’t see how people do it. Insane prices.
I can’t even watch this it’s outrageous it’s beyond comprehensible how the mind gets sucked in.
Why were the wall posters blurred?
Artist Copyright
I’m a Bronx native and I’m grandfathered into my apartment at 890 thanks to my family but my friend has an apartment in queens for 1800 and she has a 2 bed one bath. You were straight robbed but I’m not surprised they do that often to tourist who don’t know anything
Rooming can be dangerous. I try not too. Great when everyone gets along. Hope all is well with the four of you. Can't wait to get my own apt.
There’s plenty of studios and 1 bdrms you can get for that same price if you just look around. My friend just moved into a studio in midtown for $1900. I used to live in a brand new 2 bdrm right across the river in Union city for $2400. It also had a washer and dryer included in the unit (something that’s almost non existent in most NY apts). This was life changing to me and something I could never go without again as I’d been used to going to laundromats living in NY. Never again. My commute to work via bus into midtown took 50 min door to door. Also she’s living with 2 other people and having to deal with two other mannerisms and personalities. Regardless of it all after 33 years I had enough of NY and it’s never ending price hikes and endless tax increases and moved to Tampa, FL. What a difference. Best decision I ever made.
I wish TH-camrs/vloggers realized they can make great content anywhere. If all vloggers live in NYC or LA then we’re basically seeing the same content again and again. Show me life in Oklahoma, Nebraska, Ohio, Alabama. Places I’ve never been but would be intrigued to see what daily life there is like! You’ll make the same money but spend far less!
People love to see the same content again and again
People from Oklahoma would just end up showing you Texas 😌
Their agents/managers would be in LA though.
You won't find 600k subscribers watching you live in Oklahoma my girl
The ABSOLUTE irony of evicted being on the coffee table at the opening scene
Absolute brilliant book of ethnography though!
So good to see Elena on CNBC!!!!💥💚
I used to live in a brand new three bedroom two bathroom apartment with a balcony in Sarasota, FL that was $1850 TOTAL per month - meaning each roommate paid around $600. This is ridiculous ! That kitchen is definitely not “huge”.... I don’t know how people pay that much for that little.
I can’t help but feel sorry for her throughout the entire video. She is trying so hard to justify that this apartment was a good deal in her life.
I'll never understand how New Yorkers can spend $15,000 to live in a tiny little outdated apartment and then say "it's worth it". What's worth it? You don't even have a yard.
She pays $1,850. Maybe watch the video before commenting.
@@gregoryvierra6114 she pays that monthly, sure. But she said she paid $15,000 in upfront fees to get the apartment. I watched the video. Did you?
The $15k is split 3 ways and they’ll receive the $5k deposit when they move out.
Her job doesn’t require her to be in nyc
No, it doesn't, but who can blame her? She is young, the action is there, not in some (i.e) small midwest town nobody heard about.
New York is a great trendy place for CONTENT and Lifestyle which she needs.
@@ImNotADeeJay but she could own a home in the suburbs instead , work from home and go to the city 4 days a week if she feels like it lol. Pretty obvious choice.
I pay $1,995 (net w/ 3 months free) for a pretty decent sized 2-bed in Lincoln Center/UWS. No broker fee. Split it with my gf ($1,000 each), so the extra room is a home office. Oh and there is a concierge at the front too. She’s totally getting robbed man.
I live in the Austin TX area and you could buy a whole house for about $1800 in mortgage each month. THAT'S an investment. And Austin has lot's of tech and marketing jobs
It's quite a nice apartment by NYC standards. This works for Elena, but might not for everyone. Using a standard rule of thumb, she needs to have a job that pays over $70,000/year, which is less likely for 23-year-olds in many other parts of the country. She needs to enjoy living and sharing with others, giving up the privacy and independence that some of us value. She also had to locate two compatible and financially able people to share with! If living in Manhattan is necessary for your employment and/or lifestyle, this can work.
That pricing is insane. Even in New York, you can get a one bedroom for the same amount she pays for her portion of the rent. She should not be sharing an apartment for nearly 2k
Definitely not in East Village
STOP, why is everyone just a TH-camr? Show real people not just those looking for shout outs.
She is a real person, and her content really helps me and many others and is very uplifting and encouraging and always makes me feel better and inspired. Just because someone is a content creator on TH-cam does not mean they don’t deserve things like this.
It's a way for her fans to flock to this video, generating ad rev for CNBC. And it will bring gullible people over to her channel. It is also possible that she is paying CNBC to feature her, which is a routine thing for influencer scum. It appears we were all suckered into watching this infomercial.
sooner or later people are gonna have to start realizing that youtube is a legitimate career, and good people like elena can be successful on youtube. stop being judgmental
ashton faith if every CNBC interview was only done with Apple Farmers, wouldn’t that get boring? Your part of the problem if you deny diversity.
@@Alduinsshadow148 i'm not saying that CNBC shouldn't stop covering youtubers anymore. you said "show real people." you need to realize that youtube is a legitimate career, and youtubers aren't just a bunch of vapid idiots like everyone thinks they are
Wow. In Morocco, 1000$/month apartment is already too much. The average is 400$/month for a 3 bedroom one
Yeah crazy right!! She’s not paying for the apartment it’s more like paying for living in New York City if that makes sense. The demand is high
@Jonathan Rose welcome.
I need to move to Morocco
@@rovitra If you think you're too busy to trade or learn how to trade, just know I have some friends who invest in a platform where and experts devotes their time and help them trade and they get paid profit every week
My trading mentor; Mrs Tracy Britt Cool runs and investment platform like that, I paid in €3,500 just last week though its not the first time, and I got a paid profit of €9,600. It's been an amazing experience
I paid 1400 for a room in williamsburg, it was much larger but this isn't that bad for the location actually, she can get better. I moved to California last year but I do not regret paying absurd rent in NYC for one second. I moved to NYC without work experience (worked as a server prior) , took an internship that became a full time role for 40k and within 3 years was able to 4X that starting salary.
The hustle and bustle of NYC drives you like nothing else. I see comments roasting her on seeing it as an investment, but I agree with her.
Do you girl.