General Discussion
In reply to the discussion: How is everyone out there making it financially? [View all]IbogaProject
(6,086 posts)I moved to a new building to get an "affordable" apartment but Heat isn't included. I kept an eye on it all winter but got Huge bills for heating less then 900-1000 sq feet. And AC will be more serious and steep in the summer as I have both North & South exposures in NYC. Yes I am starting to see everyone cutting back I'm shielded some but I'm still seeing slightly less business happen and I know restaurants and bars are starting to feel it. Not sure about tourism as I'm right in the bottom of Midtown Manhattan so there are always tourists. I've noticed that there is a lag for changes inc tourism as trips get booked in advance. That said Manhattan feels empty yesterday and today. Usually Memorial Day weekend is ever so slightly easier parking wise but this year seems real off. It is also cool and rainy like normal for early April.
Yes this economic disaster will pop some times soon. Interest rates are hitting the highs from late 2007 when the economy was starting that real estate bubble collapse.