Sunday, January 20, 2013

What is Middle Class in Manhattan? (Amy O'Leary, NYTimes via CNBC)

"The average Manhattan apartment, at $3,973 a month, costs almost $2,800 more than the average rental nationwide. The average sale price of a home in Manhattan last year was $1.46 million, according to a recent Douglas Elliman report, while the average sale price for a new home in the United States was just under $230,000."

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