<p>My heart bleeds.</p>
<p>I say that with a straight face.
Really.</p>
<p><a href=“http://www.nytimes.com/2014/08/03/realestate/from-townhouse-to-tribeca-the-hard-way.html?_r=0”>http://www.nytimes.com/2014/08/03/realestate/from-townhouse-to-tribeca-the-hard-way.html?_r=0</a></p>
<p>Ok. I smirked.</p>
<p>They had to settle for a 3.8 million co-op in TriBeCa? Oh, the humanity! :(( </p>
<p>^^^Well, they had their problems, first world though they may be.</p>
<p>Reminds me of that song:</p>
<p>“Hot girls got problems too
We’re just like you
…except we’re hot.”</p>
<p>:D</p>
<p>What’s the point of this thread?</p>
<p>^^^What I took from it is that I’d like that apartment in the picture!</p>
<p>Such a different life - can’t imagine living in an apartment (except for college) and paying that kind of money for 2200 sf. I guess it’s what you are used to - I would like smaller home and smaller yard but with that a smaller price too!</p>
<p>My heart breaks for them <em>sniff</em>. We live on 6 acres - I can’t imagine an apartment either.</p>
<p>The point of the thread oldfort, is to gain perspective and appreciate what we have.
Plus whatever you happen to get out of it.
I feel bad for people who have $4 million as a housing budget and yet cannot find anything habitable.
They must find life such a struggle.</p>
<p>Everything is relative. Most Americans make less than 100K a year outside of NYC, therefore it is not surprising housing outside of NYC is a lot cheaper. It is all about supply and demand when it comes to real estate. A lot of middle class are getting priced out of NYC.</p>
<p>When most people make less 100K a year, we don’t tslk about how a million can’t buy much in front of them however true it may be. We may talk about it in a cocktail party with other millionaires. That’s the issue I have. I fault NYT. They can’t make this a public discourse as they are doing by publishing a story like this. They seem to like to take up first-world problems as if we all live in their bubble. They take up elite university problems although as if half the population go to those institutions, etc. More than a little indigent.</p>
<p>Oh, come on. Lighten up.</p>
<p>The NYT, in its Real Estate section every Sunday in a series called “The Hunt,” highlights someone looking for a place in the City. Sometimes it’s about a young person looking to rent, sometimes it’s about an older couple looking to downsize, and sometimes it’s about a young family looking for a family apartment. I don’t think the family was whining or complaining at all. The article is a realistic portrayal of the issues involved in finding a suitable place in New York City. It’s completely realistic. Obviously, people who don’t have this kind of money don’t look for these kinds of places.</p>
<p>I think it would be so fun to live in NYC, but usually all you hear about is how expensive it is and how most people have to live in a broom closet for 700K. That apartment looked so spacious, I could handle that. 
</p>
<p>I don’t get upset about articles like that where people have huge budgets. Heck, I have * Selling New York * on my DVR season pass. I love seeing expensive real estate! </p>
<p>I am curious to know if LA Times or SF Chronicle runs a similar story. If they do, is the angle of stories about how housing prices are affecting social fabric or how millions can’t buy what you need?</p>
<p>I’ve never noticed, perhaps their readers are looking for something different.</p>
<p>It’s amazing to me, and I can’t fathom wanting to live in NYC- or being able to afford to do so. But, I would like to be the person SELLING that 3.75 million dollar place. Shoot - I could retire and live in luxury off the proceeds in Texas for the next 40 years.</p>
<p>I don’t find this objectionable because the family didn’t complain. They joked about their house burning down. They weren’t asking for your pity, just explaining their housing search: they wanted to find something they liked, in their budget range. OK, maybe they were “heartbroken” to lose a place they wanted in a bidding war, but people are unhappy when they lose bidding wars, and anyway we don’t know they used the word “heartbroken” themselves.</p>
<p>So, this is what happens in NYC if you have a lot of money and want to buy. It’s interesting.</p>
<p>Suppose that this article was about some other area, and all the prices were divided by ten: the people were looking for a house for $400,000, they remodeled a house, it burned down just at the end of construction, they spent two or three years looking for another house in their price range. Would you object? If not, why do you object to the exact same article with New York prices?</p>
<p>Trust me, all, I live in NYC on much less than virtually any of you. You know, income inequality and all that.</p>
<p>Many NYers didn’t like the story either. </p>
<p>I recently read that San Jose is now the most expensive rental market, followed by SF. This morning, my D is moving into a two bedroom that rents for $2400, in what is considered one of the worst neighborhoods in SF. It is the upstairs part of what is considered a single family home.</p>
<p>Shrinkrap and the worse of it in SF she is probably considered having a pretty good deal.</p>
<p>"When most people make less 100K a year, we don’t tslk about how a million can’t buy much in front of them however true it may be. We may talk about it in a cocktail party with other millionaires. That’s the issue I have. I fault NYT. They can’t make this a public discourse as they are doing by publishing a story like this. They seem to like to take up first-world problems as if we all live in their bubble. "</p>
<p>No one forced you to read the NYT so it’s not “in front” of you. </p>
<p>The NYT (and WSJ) have real estate sections with very expensive houses, sure. They also have articles about luxury watches, jewelry, architectural styles, the symphony and opera, new / hot restaurants, weddings, electronics, and plenty of other things that are not affordable to the average Joe. So? Are the only lifestyle articles “allowed” ones that the average person can afford? </p>
<p>I don’t see the problem. </p>