Welcome back to The Brokerbabble Glossary, where we take a word or a turn of phrase that seems to show up in an unreasonable number of listings and decipher its true meaning. If you have any ideas for us, send them to the tipline. Today's word, in honor of Rookie Roosts Week: Starter Apartment.
"Starter home" is a term filled with optimism. It represents a beginning, the dawning of a new era in one's life, an inauguration, if you will, into the American Dream. And no one understands this better than brokers. That's why they love to apply the "starter home" tag to studio apartments in South Queens, because nothing says you're on your way like 300 square feet and a two hour subway ride to anywhere.
And/or? So this apartment could be a starter home, or it could be a pied-a-terre, or it could be...both? How does that work? Would you live in it for half the year and spend the other half renting? Or is buying that first pied-a-terre a rite of passage for the very rich?
Awesome indeed. Would you go so far as to say that this is a totally rad starter apartment (or whatever people who own surfboards say)?
...or underground casino, or music venue, or whatever just please buy it.
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