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Good Morning New York, Real Estate with Vince Rocco

Good Morning New York, Real Estate with Vince Rocco

Tuesday at 6 AM Pacific

November 08th 2016:Millennials living in NYC..a city that is very expensive

For the city that never sleeps, it is pretty expensive to find a place to sleep. This is especially true for nearly all recent college graduates relocating to the Big Apple. New York may be the greatest city in the world but it is handcuffed to the nation’s highest cost of living. Millennial’s don’t want to be in affordable housing; they want luxury housing at an affordable price and have been prioritizing it in that order. This discrepancy explains the lack of realistic options in Manhattan for the newest members of America’s workforce. Young adults clearly place too much of a

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https://www.voiceamerica.com/show/2311/good-morning-new-york-real-estate-with-vince-rocco 17/10/2017 06:00 17/10/2017 07:00 Good Morning New York, Real Estate with Vince Rocco https://www.voiceamerica.com/show/2311/good-morning-new-york-real-estate-with-vince-rocco For the city that never sleeps, it is pretty expensive to find a place to sleep. This is especially true for nearly all recent college graduates relocating to the Big Apple. New York may be the greatest city in the world but it is handcuffed to the nation’s highest cost of living. Millennial’s don’t want to be in affordable housing; they want luxury housing at an affordable price and have been prioritizing it in that order. This discrepancy explains the lack of realistic options in Manhattan for the newest members of America’s workforce. Young adults clearly place too much of a premium on chic apartments and hip locations. It is no secret that New York City housing is expensive, thanks in part to high salaries, cheap transportation and ample career opportunities. Rents have skyrocketed in recent years, which is great news for developers and property owners, but terrible for everyone else. VoiceAmerica | Talk Radio | Online Talk Radio studio@voiceamerica.com false DD/MM/YYYY Add to Calendar
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