Comments on: Two Tales of One City http://www.RexBlog.com/2008/12/30/18795?utm_source=rss&utm_medium=rss&utm_campaign=two-tales-of-one-city Rex Hammock's Blog Sun, 15 Jan 2012 04:37:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Gavin http://www.RexBlog.com/2008/12/30/18795/comment-page-1#comment-320681 Gavin Wed, 31 Dec 2008 11:21:16 +0000 http://www.RexBlog.com/2008/12/30/18795#comment-320681 Just moved here (NY) from LA about a four months ago and have found the prices to be still kinda inflated as far as purchasing goes. However, we moved here at the top of the rental market I think and now a larger apartment in the same building/neighborhood as us is renting for significantly less than we paid. I think for some reason, NY is just delayed on all economic fronts - maybe because the people who can afford to live here have more money in reserve? Just moved here (NY) from LA about a four months ago and have found the prices to be still kinda inflated as far as purchasing goes. However, we moved here at the top of the rental market I think and now a larger apartment in the same building/neighborhood as us is renting for significantly less than we paid.

I think for some reason, NY is just delayed on all economic fronts – maybe because the people who can afford to live here have more money in reserve?

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