It is that time of year again. Yes, summer time but that is not what i meant. It is time for me to renew my lease. I have been eagerly awaiting the paperwork from my current building to see how outrageous the rent increase will be. I have read that the average increase in NYC is 9-13% this year. That is of course crazy. I love my apartment, and my neighborhood but I don’t think i will want to pay that much to live here if the rent goes up. I am looking into alternatives, but everything is a trade off. My current apartments trade off is the cost. I have been pondering this issue for a while, and i still don’t have a final decision, but i know deep down that the rent increase is going to be so great that i won’t want to pay it. Can i afford it, maybe. The point is do I want to shell out that amount of money per month when I could get someplace nice for significantly less? If I do move the location might not be as nice. Of course that last statement isn’t true from some peoples points of view. So for now i just ponder my choices, and hope the right decision comes to me, eventually!
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