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Notes -
The other thing is that people aren't comparing like for like. NYC in the 1960s was a much smaller city than NYC today. If you look at similar sized cities as NYC was in the 60s today the pricing of housing in a similar area in real terms is basically the same as it was in NYC in the 60s.
EDIT: This is wrong.
The second largest city in the US, by population, is Los Angeles, at 3.9 million to NYCs 8.5 million. NYC's population in the 1960s was about 7.8 million, considerably larger than Los Angeles today. There are no US cities of similar size to New York City in the 1960s today, so your comment is utter nonsense that you obviously didn't even bother to check.
IIRC the population of Manhattan specifically is down substantially over the last century, even if NYC has grown slightly as a whole. It's hard to compare like-to-like.
https://en.wikipedia.org/wiki/Demographics_of_Manhattan
Manhattan's population is down a lot since the 1920s, but it's about equal to the 1960s population.
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Fair enough, I remember reading something like this somewhere on the internet a few years ago and so brought it up. I fully accept that I didn't even bother to check, and yes, I should have done that.
Let nobody say that I don't admit to making bad points when I actually make bad points.
Props, man.
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Eh, technically true, but Manhattan in particular was more populous and much more dense in the first half of the 20th century. Not that anyone really wants to go back to that level of housing quality, though.
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