Viewing a single comment thread. View all comments

FunLife64 t1_ixwr0cx wrote

Reply to comment by Status_Silver_5114 in Is it just me or is Rhode Island as a whole becoming grossly unaffordable? by [deleted]

Every apt building advertises themselves as luxury. It doesn’t mean it is. The prices are still rather affordable (especially compared to Boston) and don’t forget many people work remotely.

1

Status_Silver_5114 t1_ixws33b wrote

Yeah but pre COVID the difference between a 2 br here and BOS was substantial. BOS still more expensive but the gap is getting bizarrely narrow

2

FunLife64 t1_ixwu0no wrote

It is?

A 700sq ft one bedroom downtown in a new building is $2000-2200.

A 700sq ft one bedroom in a new building in the Seaport is $4000-4200.

Not sure I’d describe that as a narrow gap.

1

Status_Silver_5114 t1_ixyna2a wrote

Comps would be more appropriate to compare a 2 br in J.P. or rosi v east side. Used to be 2400+ before Covid to about 1600 tops. Now it’s 2400 to 1800-2000 routinely.

1