Submitted by [deleted] t3_zh679w in jerseycity
halocene_epic t1_izplp73 wrote
Reply to comment by Jahooodie in Lease Takeover - 1 BR/1B - The Hendrix Building - $3500 by [deleted]
I posted a poll a few months ago asking what people’s household annual income in this sub is. 1000 people responded and 60% make above six figures. You only need to make about $140k/year to afford a place like this if you use the 30% of salary on housing rule of thumb.
Jahooodie t1_izuqbbi wrote
The people I know passing on JC for better value or lifestyle are above that range, that range has options and I’m feeling like people are looking elsewhere. While it’s of course a sample size of only friends, definitely a wind of change blowing while prices keep ratcheting up
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