How can a millennial without a trust fund afford to buy in NYC?

… knock anyone whos getting helpwould  you  say no if your parents offered tens of thousands of dollars for a down … have the same kind of minimum down payment requirements as coops But do keep in mind that a lower down payment will … point there but it just doesnt exist says Win Brown of CORE NYC  So they start exploring other options For instance …

By Virginia K. Smith |August 31, 2017 - 8:53AM
How long do you have to own in NYC for your investment to be worth it?

… a number of years before potential price appreciation on your home outweighs the upfront cash you laid out in order to buy it In the New York Times buy versus rent calculator one of the first questions is how long you … the side says Miller It depends on where your finances are what your employment is and how long you plan to be in this …

By Virginia K. Smith |August 29, 2017 - 1:00PM
In defense of renters: Why buying isn't always the right decision

… only be achieved when you actually  own your home and that renting should just be a temporary thinga brief detour on … as it does elsewhere in the country The reason is manifold Coops and condos here are expensive and often out of reach … advisor with  Francis Financial Real estate prices in NYC hold up well but returns may not match up to the stock …

By Lucy Cohen Blatter |August 28, 2017 - 12:15PM