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> Many young people want to live in NY and rent a shoebox flat for life.

Nobody wants to rent a shoebox apartment in NYC for the rest of their life. But if you're not rich your only choices are to rent the shoebox or to leave NYC, and people choose which one matters more to them.

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And if not already rich in NYC then you're probably there because you're trying to become rich.

Do you think all 8+ million residents of NYC are trying to get rich? It’s not all investment bankers and engineers.

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