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by freefaler 585 days ago
It's good that the prices are more visible. But the price of the rent will mostly be affected by the supply/demand curve.

Year Units Built Population Change (Number)

2019 26,900 -80,967

2020 23,000 +641,579

2021 24,000 -250,184

2022 24,000 -181,326

2023 27,980 -101,984

Last 5 years not much change in supply, but demand varies.

(based on https://en.wikipedia.org/wiki/Demographics_of_New_York_(stat...)