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Re: Salary Requirements for rent? how serious are they about it?

Posted by Chris G on August 26, 2001 at 22:55:23:

In Reply to: Salary Requirements for rent? how serious are they about it? posted by Jules on August 26, 2001 at 08:53:13:

all the financial info the landlords want is to prove you'll be able to afford an apartment, right? so even if your situation isn't a textbook case, it sounds like you won't have a problem, unless the LL is looking to make his job harder. if your roommate's qualifications are similar to yours your combined income will put your rent at about 30% of your earnings. not the ideal setup, but you'll be able to prove that you have a job (and if it's a perm position, there's a good possibility of a raise in 6 mo.), and that you have money in the bank that is sizeable to back yourself up. also helpful is the fact that you've been here for several years, so you are less likely to find the city isn't for you and hightail it back to warmer climes.

and really, $1800 for a 2 bedroom isn't bad at all, esp for the east village. here in brooklyn, you'd expect to pay around that for many 2 bedrooms in the northern parts of the boro. and yes, if you're planning on hanging around for a while, you should look into buying an apartment. once you get past the down payments and such, the mortgage is often comparable to rent prices.

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