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The soaring median monthly rent for a two-bedroom apartment in New York City, now at a record $5,560 after a 17.5% increase over the past year.

Policy changes aimed at relief are inadvertently drive up housing costs

In addition, house purchase affordability is at an all time high, so not a good time to be a renter but a better time to be a landlord.

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Grant

Why would anyone pay that much rent for a 2-bed apartment? Laughable.

Little Seal

I am feeling really good about the fact that my mortgage gets cheaper every year as they print more. Also I know it’s subjective but I live somewhere way nice for way less! I guess this is another example of why we are seeing a flight away from blue states. Government regulation is always cumbersome and often counterproductive.