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Which is better..housing or just plain old renting?

I've lived in NYC my entire life. Love it here. I only wish to know if there are certain programs that i could know of which could give a 27 year old like my self the opportunity to find an independent home. Apartment? For educational and responsibility purposes. I have a job as a pharmacy cashier and i work in the tri-state area. 

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3 Answers

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  • 5 months ago
    Favorite Answer

    Most people start by sharing a rental unless they are lucky enough to be able to live with their family.  That's how I started.  We were 6 girls in 3 bedrooms with one bathroom.  By the time I was your age I had saved enough for the down payment on a one bedroom which I still have.  Take a look in Astoria, that will give you the best combo of price and convenience.

  • Anonymous
    5 months ago

    We have had houses for 50 years. The first cost about $16000 in the early '70s. The present house is worth about $1 500 000 .

    Allowing for mortgages, selling and buying costs and renovations, we have made about 6% per annum on our original deposit.

    Living has been cheap, recently, now the last mortgage is paid, just property taxes and utilities. It worked for us.

  • Anonymous
    5 months ago

    How about if the public just give you a house for free? Is that what you want?

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