$200,000 studio apts. making a comeback?!
I was reading the The New York Times (click on link for video) today and came across this headline. I try to keep abreast of real estate prices in specific cities around the world. Well, lo and behold I was greeted with a headline that tickled me. Was I supposed to jump for joy now that tiny, microscopic New York studio apartments were at an all time low of 200,000 dollars? Well, those lovely and creative friends of mine who live in the Big Apple will quickly adjust my attitude after reading this blog. Heck, they may even contact the featured realtors.
I don’t know about you, but the idea of spending an exorbitant amount of money on a box of an apartment makes as much sense as paying retail prices at Banana Republic. Everybody knows that a sale will ensue in three weeks or less at this popular chain!
Are you willing to sacrifice space to live in one of the world’s greatest cities? Would it be worth it to you? They say that everybody has a price, what’s yours?