Glan Silver – VIN News
Citing the simple principle of “supply and demand,” a new report by the Council for Community and Economic Research has, once again, named Manhattan and Brooklyn as the #1 and #2 most expensive places to live in the United States.
The NY Daily News is reporting that the study matched up the costs of over 50,000 “goods” and “services” in 307 U.S. cities to arrive at its findings.
A project manager for the council said the basic principle of “supply and demand” is what drives costs up, and that he skyrocketing prices of homes and apartments in the New York boroughs “impact” cost structures “across the board.”
It is the sixth straight year Manhattan and Brooklyn have finished #1 and #2.
Queens finished sixth, behind Honolulu, San Francisco, and San Jose.
What about LA.
Yeah, but it’s not so bad if you can get Section 8, Food Stamps, Medicaid, and all the other government handouts… Too bad for the middle class that has to work for a living. Theres no incentive to work here, the benefits you get for being poor far beat the benefits of working for that 50k taxed and that leaves u penniless and no help from anyone
NJ has very high property taxes! and food more expensive!
forget about brooklyn—how about los angeles
I don’t get it. I find food, tuition and even housing (rental) more in the South Florida area…whenever i’m in ny, i feel like everything is so cheap!
Take cali for example real estate is almost double. and a rental is slightly more.. But the cost of food cant not even be compared.. and then there is the fact that u need a car in cali prob 2 (if married) and gas is always 1-2$ more in cali while in ny u can take public transport!
CH is still cheap compared to orher Brooklym areas
Sydney, Australia is the 2nd most expensive city to live in in the WORLD.
I think it should say: ‘Coming to Brooklyn, Oy Vey!’
B”H thanks to the flippers, the average Joe cannot buy a house in CH. They should have been exposed, banned from selling and run out of CH and also reinstate the list