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Join CNU!Be a Part of the Movement»»» One reason why NYC is so expensive
Between 2000 and 2010, the number of renter-occupied housing units in New York increased by only 1.8 percent, while the number of households increased by 2.9 percent. I would imagine that if you add that to the increased demand arising from the post-recession difficulty of financing a home, you should have expected zooming rents, which is of course exactly what New York has.
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