Submitted by alex12m t3_ycnjzz in jerseycity
Yeti_Urine t1_itpy5kr wrote
Reply to comment by Morkitu in $500 rent increase in West Side! by alex12m
I would argue, yes. It's worth it because of the ability to, relatively, easily commute to Manhatten. These rents are not competing with Manhattie at all. Look at the increases over there. Small one bdrms in lower Manhattan are goin for about $3500 in pre-war walkups. JC is still, and probably always, gonna be a cheaper alternative to Manhattan, Brooklyn and Queens. It'll probably never be as fun, but from an economics angle... yes of course.
Morkitu t1_itqkdli wrote
Yes, hopefully at least some people will find value in JC versus Manhattan. Hopefully the rents will stay "cheaper" for at least another several years. Best wishes to you!
JeromePowellAdmirer t1_ituvkp4 wrote
There's no chance JC rents will ever equal Manhattan, though it doesn't preclude both places rents from going up
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