Quote:
Originally Posted by wodin
Quote:
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Originally Posted by DMcCunney
Manhattan is an island. Many, many people live outside it but work in it, and drive in.
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There and San Francisco are the only places in the US that rent and median single family home prices are higher than they are here in Paradise. What do we have it common? Water on at least three sides, that's what. But at least you have bridges, the furthest I can drive without seeing the same thing again is 100 miles. But it is kind of handy; keep the water on the left and the mountains on the left and you can't get lost. |
The scarce resource in Manhattan is land, so prices in the stratosphere are no surprise. (And the market is distorted by rent control and rent stabilization regulations first enacted during WWII and only beginning to go away.) A building across the street from me got torn down and replaced by a luxury condo. Prices for units
started at $2.5 million. It's partially occupied.
Manhattan has bridges and tunnels, and enormous traffic through them. An old friend proposed an enormous hoax, where the notion was you blew the bridges and tunnels, shut down all electronic communications, then put on a multi-billion PR campaign to convince the world it didn't really exist and never had. If you don't live here or spend time visiting, it will sound unlikely if just described.
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Dennis