Lots of demand, short supply, rent-control and costs passed down to you.
Average asking rents in New York City have climbed to $3,017, according to REIS research. Everyone is freaking out about it
Related On This Site: Big cities, especially New York, tend to over-regulate business, you can hope for efficient corruption: Richard Epstein At Defining Ideas: ‘City Planners Run Amok’…Richard Epstein At The Hoover Institution’s Defining Ideas: ‘California’s Kafkaesque Rent Control Laws’
Virginia Postrel At Bloomberg: ‘How The Elites Built America’s Economic Wall’
Politicians and politics likely won’t deliver you from human nature, nor fulfill your dreams in the way you want: anarchy probably won’t either: Two Sunday Quotations By Albert Jay Nock in ‘Anarchist’s Progress’