HorrorScope wrote on May 9, 2015, 17:37:
Beamer wrote on May 9, 2015, 12:53:
Seattle was definitely getting more expensive, and so many of the new buildings going up in Belltown were crap, but it's got a really, really long way to go before it's even remotely close to NYC.
Doesn't NYC have laws that have to have so many affordable houses? Not the typical, for the really poor. But for middle class. I thought they had something so middle class can live in the city and still get the basic jobs done.
There are rent-controlled apartments, but good luck finding one that's available. They simply never hit the market in any formal sense, as anyone who gets them will do their best to hang onto them for as long as possible for obvious reasons (including subleasing them if they're out of the area, even if that's often in violation of the terms of said properties).