By Montserrat Arqué
Feb 26, 2024, 7:47 PM EST
Like any big city, one of the main problems that the inhabitants of New York face are rental prices, since in comparison with other states within the United States or with other large cities in the world, Most of the time we pay a lot for a small home that only has what is necessary to satisfy our needs.
On the subject, a YouTube channel called “Cash Jordan” decided to investigate a little more about this issue of rentals in New York. With the help of some real estate companies, they took on the task of comparing apartments that cost $1,000 or $2,000 a month, with those whose value ranges between $6,000 and $10,000.
The YouTuber and his companion first checked an apartment of about 70 square feet, where there was barely enough space for a small bed. In addition, it had a mini refrigerator, a microwave and a small sink, since the toilet is outside the house, but it did have heating.
The $3,000 apartment was located on the first floor of the building and radically changed from the previous one, since it had an equipped kitchen, a small living room and, in addition, a bedroom with a view of the outside. Of course, it needed maintenance, but perhaps it was worth it, since the bathroom had a tub.
The $5,000 one was in the same building, just one floor higher, and compared to the previous one, it was newly renovated, with a more modern kitchen and a more spacious room, except that the bathroom only had a shower.
And the improvements to the apartments progressed as the price increased, until they reached the one for $10,000, which was located in a better building, and not only that, it had a large living room, a large and equipped kitchen, a couple of bedrooms with enough space and even with a terrace and roof garden.
Keep reading:
* What New York’s help looks like for people who can’t pay rent
* “Singles tax” exceeds $7,000: Zillow
* Rental prices increase after having decreased in the last two years