Only 21% of residents are owners in Prospect/Crown Heights

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inpixels
above average
Joined: Oct '05
Posts: 543

http://furmancenter.org/files/sotc/BK_08_2010.pdf

More Here
http://brooklynian.com/forum/crown-heights-and-prospect-lefferts-gardens/marketrate-ch-rents-up-by-18-per-sq-ft-last-qtr

Thanks @whynot_31

# Posted 1 yr ago
BKChickie
Bagel Hole Girl
Joined: Mar '08
Posts: 1,089

Believe it or not, I don't think that number is low when compared with other urban areas.

# Posted 1 yr ago
homeowner
mod
Joined: Jan '06
Posts: 3,018

I would love to see an analysis of the ratio of homeowners to property lots. Based on my completely unscientific analysis, I'd bet that much of CH/PH is owned by a relatively small group.

# Posted 1 yr ago
BKChickie
Bagel Hole Girl
Joined: Mar '08
Posts: 1,089

homeowner said:
I would love to see an analysis of the ratio of homeowners to property lots. Based on my completely unscientific analysis, I'd bet that much of CH/PH is owned by a relatively small group.

Homeowner, removing co-ops and condos from the mix, I think you're right. At least if my completely unscientific observations are accurate....

# Posted 1 yr ago
BrookSignal
getting it
Joined: Jul '07
Posts: 108

I'm not surprised. I could easily rent my apartment (I own it, well the bank and me..) for at least as much as the cost of my monthly mortgage payment and maintenance. Apartment upstairs owned by nice couple who live in Orlando, not costing them a penny.

# Posted 1 yr ago

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