[kevin]

Not living in New York I have no idea if this represents a good rental deal or not, but would you live in the apartment in the video for $700 a month if it was in a prime location?

http://www.dailymail.co.uk/news/arti...apartment.html

[Captain Tom Coughlin]

Manhattan real estate is insane. But there is no way I would go for that. You have to feel comfortable at home. I'd rather pay more and live in one of the outer boroughs than deal with that.

[kevin]

It's kind of interesting when she talks about having decluttered and been able to work out just what you 'need' versus what you want in your home.

I would go for the space as well probably and commute but it makes you wonder for a second, if you had to as opposed to you chose to, what you could manage without in your own life if you downsized.

I thought, anyway.

[horatio]

Holy crap, I thought that 12m² bunker I once lived in was small.
I guess many people don't like to travel into and out of Manhattan every day so they choose a small apartment in the city. Furthermore the bigger the city is the more you can do outside of your flat. But 90 square feet is small even for a bohemian lifestyle and you can't do anything in that bed but sleep.

[I-Am-Zim]

That is absolutely insane! I'm not claustrophobic or anything, but even if I were single, I could not possibly live like that. Espacially for that kind of money! I mean really...I live in a 1600 sq. ft., 4br, 2ba house on several acres of land and my mortgage payments aren't as much as her rent!! I think she's being horribly ripped off.

[kevin]

But then that goes hand in hand with living in a considerably different property area.

It's the same deal in the UK in London vs the rest of the country. London property prices/rentals are off the charts just because it's London...................just like Manhattan's are because it's Manhattan.

Go far enough out and 'normal' rates apply. Or comparatively so for further out regions of the country.

[Captain Tom Coughlin]

Originally Posted by I-Am-Zim

That is absolutely insane! I'm not claustrophobic or anything, but even if I were single, I could not possibly live like that. Espacially for that kind of money! I mean really...I live in a 1600 sq. ft., 4br, 2ba house on several acres of land and my mortgage payments aren't as much as her rent!! I think she's being horribly ripped off.

700 a month is incredibly cheap for Manhattan. You can easily pay 2500 a month for a studio apartment there. That would be considered reasonable.

[Captain Tom Coughlin]

Originally Posted by kevin

But then that goes hand in hand with living in a considerably different property area.

It's the same deal in the UK in London vs the rest of the country. London property prices/rentals are off the charts just because it's London...................just like Manhattan's are because it's Manhattan.

Go far enough out and 'normal' rates apply. Or comparatively so for further out regions of the country.

Exactly, it's the price to pay for living in the big city. It's the same story everywhere.

[horatio]

The guy who bought Manhattan from an Indian for a bunch of dollars would be mind-boggling rich if he were still alive.

[kevin]

Although in the UK you normally find that most employers add what's called a 'London Weighting' usually of several thousand pounds extra for employees living in it.

i.e my employer operates across the whole country and people of my grade in London get salaried around £4,000 a year more than I do because of prices in London to help them out.

I don't know if you get that in the US.