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In reply to the discussion: Six castles that cost less than an apartment in NYC [View all]frazzled
(18,402 posts)5. @Post #2: Yeah, because no way that house is on the market for over $3 million
EDIT: Sorry, posted this in wrong place. It's a response to LOL at #3
Take a look at house prices in Jamaica, Queens. They're nowhere near those prices. I think he added a zero. $320,500 is more like it.
Compare at http://www.trulia.com/NY/Queens,5142,Jamaica/
$359,000
$399,000
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well if you love diversity, opportunity, the arts-and I do- you KNOW there is no place that compares
bettyellen
Sep 2013
#33
If the ground beneath the NYC buildings is so valuable, why aren't taller buildings built?
JVS
Sep 2013
#4
Depends where in Jamaica. It varies widely. Houses in the Jamaica estates section of Jamaica
stevenleser
Sep 2013
#13
No question. They picked outliers from each area of NYC. There are some that cost that
stevenleser
Sep 2013
#24
Tribcea is more expensive than Fifth Ave these days-huge super luxe apts for Wall Street moguls.
bettyellen
Sep 2013
#31
They seem to have picked the outliers to make their point. Yes, you can find homes in
stevenleser
Sep 2013
#16
1% is about wealth, not income. 1% in wealth in US begins at around $9 million in net worth
stevenleser
Sep 2013
#29
This is true. I have several friends who relocated and they are making great money.
bettyellen
Sep 2013
#36