I’ve Complained That L.A. Apartment Prices Are No Bargain, But…

It’s always nice to put things in perspective: Manhattan Apartment Prices Hit Record High [NYT]

Here is some more perspective.  A tiny, tiny one bedroom on 104th Street off of CPW with a view of, well, the building’s trash dump and a kitchen that serves as part of the living room costs just about the same as this in L.A.  Believe me, I know this for a fact.