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I was paying 1400/mo for a studio before I left Manhattan in 2000. The same place is going for around 2000/mo now.
A lot of the full time residents of Manhattan are living in rent controlled housing or lucked out. I have a friend who was on a waiting list for cheap housing for 5 years before a new building opened up in the East Village, 2BR, plenty of room for his wife and 2 kids, and he's paying $480/mo. Makes me cry, but good for them. It's a fuckin' nice building, too.
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