Would you like to live in NYC ??

[diggi]

It would be my dream to live in NYC.. doesn`t have to be right in the city (although) I`d like to live somewhere in Manhattan 5th Ave. area.. but if not there, then somewhere where I can get to NYC fast.. some better NY areas i.e Queens, Bronx (I`ll leave out Harlem to 50 cent).

I don`t think many people can`t afford to live in NYC and we all know why..everything is expensive - housing the most.

I`m already living in Boston, probably the 2nd most expensive city in the country after NY but I don`t know I`m in love with NYC - everything is right there.

Just saw on TV 3 US cities that have the most expensive houses for (normal folks) not including millionaires etc..

1.) Boston
2.) Honolulu
3.) Los Angeles

Where do you guys live..

[FUZO]

Re: Would you like to live in NYC ??

NO WAY ITS BAD ENOUGH DRIVING IN CHICAGO

[O2BESOHUGE]

Re: Would you like to live in NYC ??

DEEP SOUTH...IN ALABAMA WHERE LIVIN IS CHEAP LIKE ITS WOMEN

[solidground]

Re: Would you like to live in NYC ??

i live like 20 min outside of nyc..and would love to live there, its just way to expensive for a tiny place...best bet is to live in bk right outside the city, its not too expensive at all..ps. 50 cents from queens

[TestRip7]

Re: Would you like to live in NYC ??

Absolutely Not. To much traffic, and not enough pretty women.

[a-bomb83]

Re: Would you like to live in NYC ??

NO!

[Skarhead]

Re: Would you like to live in NYC ??

I hate NYC

[T-Man007]

Re: Would you like to live in NYC ??

First, hell no! I would never want to live in NYC. Second, that list of most expensive cities is only considering large cities. I live in Colorado and in Aspen, NOTHING changes hands for less than a mill, nothing. That's the most expensive place to live IMO. Boston may be expensive, but I guarantee the average house costs less than Aspen. Hell, there are million dollar manufactured homes in Aspen, that's right, trailers!!!!

I just ran a comparison and if you made 100k in Boston, you would need 147,753 to live in Vail. There is no Aspen option. So, Vail is even more expensive than Boston. I also compared Boston to San Diego adn the averge home in Boston is 418,500, while the average home in San Diego is 605,600.

I don't think Boston has the most expensive homes. What study are you getting that from? The only reason I ask is because I'm a Real Estate Appraiser and I never heard that before.

[T-Man007]

Re: Would you like to live in NYC ??

Here's Kiplingers numbers on US homes:

Metro Area State 2005
Median Price Affordability
Index One year
(2004-2005) Three years
(2002-2005) Five years
(2000-2005)
San Francisco Cal. $847,000 10 16.71% 11.26% 8.80%
San Jose Cal. $698,000 8 21.08% 10.99% 7.88%
Santa Cruz Cal. $690,000 10 21.75% 14.52% 12.38%
Santa Ana Cal. $663,000 9 11.52% 21.57% 18.27%
Ventura Cal. $611,000 8 13.10% 22.01% 17.82%
Oakland Cal. $605,000 8 23.23% 15.49% 13.22%
Napa Cal. $585,000 9 20.83% 18.00% 16.46%
San Diego Cal. $574,000 10 10.58% 19.77% 17.54%
Santa Rosa Cal. $570,000 8 20.33% 16.58% 14.53%
Salinas Cal. $567,000 10 25.86% 21.87% 18.48%
San Luis Obispo Cal. $505,000 9 16.65% 18.36% 18.63%
Stamford Conn. $490,000 5 13.19% 12.25% 11.27%
Santa Barbara Cal. $486,000 8 24.76% 22.88% 20.68%
Los Angeles Cal. $482,000 10 20.06% 23.08% 18.75%
Vallejo Cal. $465,000 7 22.57% 19.27% 17.83%
Nassau County N.Y. $432,000 4 11.06% 13.81% 13.99%
Cambridge Mass. $432,000 4 7.28% 7.55% 9.41%
New York N.Y. $429,000 8 17.01% 15.08% 13.74%
Sacramento Cal. $416,000 7 24.85% 21.26% 19.10%
Stockton Cal. $415,000 8 33.30% 21.84% 19.15%
Washington D.C./No.Va. $415,000 4 26.43% 20.77% 17.55%
Bethesda Md. $411,000 4 21.94% 19.11% 17.03%
Essex County Mass. $387,000 5 6.30% 8.06% 10.10%
Boston Mass. $386,000 5 8.27% 9.78% 11.56%

Boston is waaaaaaay down the list.

[BIGMOFO]

Re: Would you like to live in NYC ??

NEW YORK CITY.....GET A ROPE!

DEEP SOUTH BABY!

[T-Man007]

Re: Would you like to live in NYC ??

Ok, I see where you got that. What the study says is that the average cost home for the average income is higher in Boston than other cities. Basically, people in Boston don't make enough to live in Boston. However, people in NYC, San Fran, etc. just make more money. It's not that the houses are more expensive, but the average income is too low to support housing costs. This is a receipe for disaster. Not to mention Mass had more people move away than move to last year. If this continues there will be a crash in the housing market. It's all about supply and demand and when people quit buying the prices will drop. Trust me, it's what I do for a living. It happened here. Too many builders and too many homes and next thing you know, there was no appreciaiton for a year because of the surplus in homes.

[solidground]

Re: Would you like to live in NYC ??

t-man he might mean boston has the most # of expensive houses..and not the average price of the homes.

[solidground]

Re: Would you like to live in NYC ??

and why is everyone hating on NYC haha..

[O2BESOHUGE]

Re: Would you like to live in NYC ??

ALABAMA IS WAAAAY CHEAPER!! YOU CAN BUY MORE TOYS LIVING HERE!!

[T-Man007]

Re: Would you like to live in NYC ??

t-man he might mean boston has the most # of expensive houses..and not the average price of the homes.

I did misunderstand what he was saying, but I found what he was talking about. It was the ratio between home $$ and income. Making the Boston housing market the most expensive when compared to the Boston income. Based on averages. But yeah, I wouldn't be surprised one bit as to a large number of expensive homes. Just imagine, what would you pay for a 200 year old home with the original woodwork and in excellent condition? Man, I would love to see a home like that. That's one thing about Boston, you can't put a price tag on history and that city is full of history.