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In reply to the discussion: The Starter Apartment Is Nearly Extinct in San Francisco and New York [View all]Chan790
(20,176 posts)15. Also, they're not accounting for scarcity.
That's less than what I'd expect a 1BR apartment in DC to go for (It's artificially low because 1BR units don't exist outside of the areas of the city (seemingly-intentionally) left-behind by neglect and ghettoization.)...the problem is that DC has traditionally had construction of larger apartments (over 1000sqft.); finding a 1BR apartment outside of far NE or Wards 7 or 8 (These are all places you do not want to go, let alone live) is like winning the daily pick-3 lottery...1BRs in DC are rarer than 4BR or even 5BR apartments. (Which are themselves uncommon.) The majority of the rentals in the city are 2BR or 3BR or shared houses.
The problem in DC isn't affording a 1BR, it's finding a 1BR apartment.
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Geez. How do retired on Social Security live? I barely make it here in Ark on what I get.
LiberalArkie
Nov 2015
#1
I got into trouble when I moved to the Little Rock area broke my leg right before I was to start
LiberalArkie
Nov 2015
#66
I have 1.5 acres about 30 miles from Little Rock. I came from a 3 bedroom/lr/dr/kitchen etc in south
LiberalArkie
Nov 2015
#72
It was named after, "Francisco Domingo Carlos Andres Sebastián d'Anconia" from Atlas shrugged.
Matariki
Nov 2015
#58
In 1987 I rented an old 1 bedroom apartment in Pacific Heights for $500 and then an extra $50 for a
kimbutgar
Nov 2015
#3
There's hardly any turnover in rent-controlled or stabilized apartments. n/t
meaculpa2011
Nov 2015
#7
Yes, NYC is technically Manhattan, Brooklyn, Queens, The Bronks and Staten Island
smirkymonkey
Nov 2015
#48
Because there are more people who want to live in San Francisco than there are apartments (nt)
Recursion
Nov 2015
#16
It seems absurd to spend $24,000-$48,000/year for a freaking one bedroom apartment.
Deadshot
Nov 2015
#44