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"How much more will it take for people to understand it is now again more beneficial to buy? Unlike a year ago, pretty much anyone with a 20% downpayment and a decent credit score can get a mortgage at this point (well in any building that's 50% sold). It makes no sense to be paying rents above $4,000 for a 1BR and $5,500+ for a 2BR and be at the mercy of a landlord who will most likely increase it again in 12 months."?carlitony [Manhattan Rental Vacancies in May Back to 2007 Levels]