Despite having a Master's degree in Accounting, as a broke 20-something with piles of soul crushing debt, I tend to take a Liz Lemon-esque approach to personal finances. It's sufficient to say, the closest I've come to investing, thus far, is that time in Finance class where they gave us a fake $1,000,000. Recently, though, I went to see a friend of mine in Brooklyn and was very impressed by her new place. Turns out she BOUGHT it!! Someone MY AGE BOUGHT a condo with a balcony overlooking the Manhattan skyline. What does everyone know that I dont!? Turns out, a lot.
Apparently, certain buildings are approved to allow buyers to pay as low as a 3.5% down payment. Granted, in NYC, 3.5% of insanely expensive still adds up to pretty darn expensive, but the idea became firmly lodged in my mind. This created a perfect storm of A. Boredom at Work, B. Lust for Money, C. Unrealistic Expectations, and D. Streeteasy.com. I started dreaming of finding a hidden gem of an apartment on the north side of Central Park, paying way below market value for it (because the dream owner is apparently a moron), and then watching it appreciate to be worth millions. Nonetheless, when I mentioned the whole idea to my mom, she actually thought it was a fantastic plan.
Anyway, I'm really not sure what miracles I was expecting here. Having spent months looking for an apartment with Robert, I really should have known what was out there. But I guess Manhattan real estate hunting is like giving birth. Your body is programmed to forget the pain, so that you can later convince yourself to go through it again. The places I saw last weekend really had some fantastic ameneties. Here are just a few of the hilights:
Airy outdoor space!
Spacious study!
Artfully decorated space! Gourmet kitchen!
Kicking myself right now for not putting down an offer right then and there!
No comments:
Post a Comment