Downsizing is about as easy as pi calculated to the final digit. Moving, however, gives you the perfect opportunity to start a new life with a clean slate—and a clean space.
Your YouTube channel is finally making bank. Your Etsy store orders are flowing in, and inventory is selling out. Your vegan baked goods are baked greats. You’re saving on office rent AND commute costs by working from home.
But is what you’re doing legal?
Exciting news: You’re going away for the holidays. You pack your suitcase, and make sure your lights are off. You tweet about your upcoming get-away as you head out the door.
What is wrong with this picture?
As of 2016, a full 15 percent of Millennials – 25- to 35-year-olds – were living in their parents’ home, according to the Pew Research Center.
So how do you get them off of your sofa?
The best way to live in New York City on the cheap is to acquire a rent-stabilized apartment, where the rent can only increase according to guidelines regulated by the city. So why wouldn’t you want a rent-stabilized apartment?
Because this cheap rent comes at a price.