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Updated about 4 years ago on . Most recent reply

User Stats

120
Posts
63
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Jonathan Chan
  • Rental Property Investor
  • Clermont, FL
63
Votes |
120
Posts

What About New York City?

Jonathan Chan
  • Rental Property Investor
  • Clermont, FL
Posted

Good morning all. I've been reading a lot of articles saying that people are fleeing the cities cheaper places to live. Properties in NYC are discounted 20-30%. I was just curious what your thoughts were on investing in NYC. 

Most Popular Reply

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3,673
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3,451
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Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
3,451
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3,673
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Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
Replied
Originally posted by @Jonathan Chan:

Good morning all. I've been reading a lot of articles saying that people are fleeing the cities cheaper places to live. Properties in NYC are discounted 20-30%. I was just curious what your thoughts were on investing in NYC. 

NYC will always be a hub of international culture, business, and night life. However investing can pose alot of difficulties with high taxes, prices, and landlord tenant laws.

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