Should You Rent or Buy in NYC? | StreetEasy Home School

Whether you're moving to New York City or you live here and your lease is coming to an end, you may be facing a big question: Should you rent or buy? In this episode of StreetEasy Home School, we break down the pros and cons of renting and buying in the Big Apple so you can make an informed decision.
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Timecodes:
0:00 Intro
1:20 Agenda
1:36 Financial Pros & Cons
3:21 Lifestyle Considerations
4:13 Market Conditions
5:09 Long-Term Goals
5:25 Closing
Disclaimer: StreetEasy is an assumed name of Zillow, Inc. which has a real estate brokerage license in all 50 states and D.C. StreetEasy does not intend to interfere with any agency agreement you may have with a real estate professional or solicit your business if you are already under contract to purchase or sell property. This content is not intended to provide legal, financial, or real estate advice. It is for information purposes only. Please seek the services of a legal, accounting, or real estate professional before any real estate transaction.
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[@tebec3624]

Is it better to use an agent to find apartments ? Also can you explain brokers fees? I live in CT and our leasing system doesn't have those. Thank you .

[@StreetEasyNYC]

Hi @tebec3624! Here's our video about whether you should use a buyer's agent: ruclips.net/video/33aq_RBOFGk/видео.html
And here's a guide to rental fees (incl. broker fees) on our blog: streeteasy.com/blog/what-are-nyc-rental-fees-everything-you-need-to-know/ - we may do a video on this topic in the future!

[@StreetEasyNYC]

@tebec3624 And here's an article about whether you need an agent for renting: streeteasy.com/blog/should-you-use-apartment-broker-for-nyc-rental/