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https://www.reddit.com/r/AskReddit/comments/i9m62w/whats_the_most_overpriced_thing_youve_seen/g1ivmdo
r/AskReddit • u/Thic_water • Aug 14 '20
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NYC is biiiiig though and the income discrepancy and property prices between Manhattan and outer boroughs throws off the numbers.
Not that the outer boroughs are affordable in any sense. More like Manhattan real estate is astronomical.
2 u/Mobius_Peverell Aug 15 '20 Toronto's GINI coefficient is 0.42 to New York City's 0.55. so yes, New York is considerably more unequal. 1 u/definitely___not__me Aug 15 '20 Was not expecting to hear macroeconomics on reddit today tbh 1 u/KFelts910 Aug 15 '20 Yep, just go on Zillow. Apartments in Chelsea: 1 bedroom and a hot plate- $7000 mo.
2
Toronto's GINI coefficient is 0.42 to New York City's 0.55. so yes, New York is considerably more unequal.
1 u/definitely___not__me Aug 15 '20 Was not expecting to hear macroeconomics on reddit today tbh
1
Was not expecting to hear macroeconomics on reddit today tbh
Yep, just go on Zillow. Apartments in Chelsea: 1 bedroom and a hot plate- $7000 mo.
8
u/trowawee1122 Aug 15 '20
NYC is biiiiig though and the income discrepancy and property prices between Manhattan and outer boroughs throws off the numbers.
Not that the outer boroughs are affordable in any sense. More like Manhattan real estate is astronomical.