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by bradleyjg 2688 days ago
Are you sure it's tech companies? In 2006 I was paying (part of) $2800 for a generous sized two bedroom apartment in the East Village of Manhattan. At the beginning of 2010 when I moved out the landlord wanted $3500. Today it's going for for $4400.

That's a 25% increase in 3 years and then another 25% increase over the next 9 years. And there was no, or at least only minor, tech company factor in NYC.