Uh Oh

Forbes.com just cited New York as the world’s #4 most expensive rental market, and noted that it’s “not at all uncommon for people to spend over half their take-home pay on housing” there. As someone who’s thinking about moving there in a year or two, that makes me swallow hard. Although I’ve read lots of other pf blogs from New Yorkers, and you guys do a lot better than me in my cheap Midwest digs. Kudos. Interesting, but not surprising, that every other city in the top 10 most expensive rental markets was outside of the U.S.