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sombrero_john 6 days ago

Renting is perfectly fine. NYC has the strongest tenant protection laws in the country.

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kortilla 5 days ago | parent [-]

Renting has to support the mortgage on that. The only difference between being able to afford a house and affording rent is having the capital for a down payment

	▲	rafram 5 days ago \| parent [-]
		That’s not really true. Renting is significantly more affordable than buying in NYC right now. I don’t know the exact reasons, but presumably most landlords bought a long time ago and refinanced when rates were low.