They say New York City is the City of Dreams. Young people all over the world flock to the city when they’re ready to start chasing after their biggest ambitions. If you have a passion for theater, television, or the arts, there’s no better place to be. Want to become a successful and prestigious stock broker, lawyer, or investment banker? It’s all New York, baby. It’s a city of immense opportunity and tough competition, but that’s what makes it full of life and culture for those who choose to live there.
But all of that doesn’t come cheap. The average rent in New York for even just a small, studio apartment is $3,264 per month. That buys you less than 500 square feet. And, even though it seems like you’re really pinching pennies by living somewhere so cramped, that price tag is enormous! Even if you account for the higher-than-average salaries in New York.
Most young people just getting started in their careers can’t afford that. Not to mention, the competition for good-quality apartments in New York is cutthroat. Still, people are desperate to live there by any means necessary, which has given rise to some really fascinating (and, in some cases, slightly horrifying) micro apartments…