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September 25, 2008

You Know You're Priced Out of a City...

when TIM GUNN can't afford to buy an apartment! Granted, he didn't make anything during the first season of Project Runway and granted, I'm still unsure about the cost/benefit ratio of actually owning, but ma GAH.

What’s the future of New York? What are your hopes, and what needs to happen?
Tim Gunn: I’d love to rid the city of private cars. Traffic here makes us feel like a Third-World city. And if I had another wish, I’d want the city to be more affordable—I just want to be able to buy an apartment! I don’t think that will ever happen.

You’re a renter?
Tim Gunn: Yeah. I’ve been renting for 25 years. And when I add up all that I’ve poured into that rental black hole, it’s formidable.

Link via TONY

Posted by Bree at September 25, 2008 10:07 AM

Comments

Be careful what you wish for. (Attached)
http://www.reuters.com/article/reutersEdge/idUSN2862445820071205
And this article is before the 30,000 finance jobs lost. Not that a lot of people will be shedding a tear, but this stuff trickles down in NYC.
Just saying.

Posted by: RJM at September 25, 2008 01:28 PM

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