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Geez, makes Portland look cheap (at income = 3x rent)
The article refers to annual income compared to monthly rent. I think you're referring to Portland's monthly income requirement being 3x rent. At that ratio, annual Portland income requirement is not so far off at 36x rent.
Comments (5)
Easy solution: Don't get an apartment on the Upper East Side if you can't afford it. Live in the Bronx or Queens.
Posted by MachineShedFred | November 30, 2010 8:46 AM
Too many of us are still living in la-la land.
Posted by Don | November 30, 2010 9:05 AM
"combined salaries equal 40 times the monthly rent"
Geez, makes Portland look cheap (at income = 3x rent)
Posted by Steve | November 30, 2010 9:37 AM
And you would WANT to move to NYC because why????
Just another in a long list of reasons to NOT move there.
Posted by Native Oregonian | November 30, 2010 10:39 AM
Geez, makes Portland look cheap (at income = 3x rent)
The article refers to annual income compared to monthly rent. I think you're referring to Portland's monthly income requirement being 3x rent. At that ratio, annual Portland income requirement is not so far off at 36x rent.
Posted by Jim | November 30, 2010 2:25 PM