I have the good fortune of living in a rent stabilized apartment which means it can only go up a certain percentage every year. First year it went up 4.5% whereas another apartment probably could’ve gone up 10% or more. When I moved in I was told that some people in this building have been here so long they’re only paying $600 per month. I suppose if I stay long enough that I could be spending the equivalent of that in a few years. I still think my apartment is a steal which a wonderful feeling living in New York. The thing is that my current apartment is nice for so many reasons I’m not going to want to move until I can find something that at least has the perks plus some more that would make it worth it. Bigger space alone would not be a reason for me to move right now.


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