I have been fortunate enough to live in some amazing places in my lifetime. And in many of those places I could rent quite a nice place for $1,100. In some places, this much money would get me a penthouse and I would even have enough money left over to hire a full time butler.
Not in NYC. There, you could live in a bathroom. Literally. 100-Square-Foot Upper West Side Rental Is So Sad It Hurts
And I am expected to believe that there is no secondary real estate bubble or as I call it “Dead Cat Bounce”? Sure. I think I will stick to my real estate forecast for the time being. Real Estate Collapse 2.0 Why, How & When