I’ve been out of Brooklyn for seventeen years (I still can’t believe it’s been that long).
When my wife and I left in the Spring of 1996, we were fed up with the rising cost of living in Brooklyn.
This article from the New York Times gives us a run down on other people who can’t afford it either.
“Brooklyn has become unaffordable,” said Victoria Hagman, the broker-owner of the Realty Collective, founded in 2005. “For normal, middle-class people with good credit, we used to be able to say, ‘We can find you something.’ ” Now, even in once working-class areas like Windsor Terrace, Kensington, Crown Heights and Bedford-Stuyvesant, she said, “people are priced out of purchasing and landlords are asking egregious numbers.”