dtmt
Distinguished Member
- Joined
- Nov 15, 2006
- Messages
- 2,272
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I've always fancied the idea of living in NYC, but never really seriously considered it because of the ridiculous cost of living. However, now that unemployment in the city has skyrocketed and real estate values are in free fall, I was wondering if rents are making similar drops, or are they expected to in the next year or so?
After browsing some job postings in the area and reading some articles, I was surprised to find that my prospects for finding a job there are pretty good in spite of the overall economy. However, I am committed to staying in my current job until at least the end of this year so even if I moved it wouldn't be until sometime next year. But I was thinking that this could work in my favor if rents are on a steady downward trend for the rest of this year.... so have any of you NYC folks noticed that this might seem to be happening?
After browsing some job postings in the area and reading some articles, I was surprised to find that my prospects for finding a job there are pretty good in spite of the overall economy. However, I am committed to staying in my current job until at least the end of this year so even if I moved it wouldn't be until sometime next year. But I was thinking that this could work in my favor if rents are on a steady downward trend for the rest of this year.... so have any of you NYC folks noticed that this might seem to be happening?