Rent vs Buy NYC

Out of context: Reply #2

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    if you can afford to save 50K and use that to purchase property in nyc you will be one step closer to where you need to be. you dont have to live there at first. it can be used to finace your current apartment and for saving for a better place for yourself.

    buy if you can, at least start saving today!!!! so you can one buy something.

    your 50K downpayment can become 1million. the real estate in nyc is skyrocketed so high so fast. if you dont start saving for something today, you never will be able to afford anything tomorrow.

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