Cash-strapped New Yorkers are doing the unthinkable: Moving to Jersey City

Tech Insider : Economy, Economy
a staten island ferry in front of jersey city
A Staten Island Ferry sails past the skyline of Jersey City, New Jersey, and the Statue of Liberty as the sun sets on August 19, 2023, in New York City.

Gary Hershorn/Getty Images

A Gen Z couple pays $1,300 for a New York City microstudio. Here's how they made it work for them and their cat.

Tech Insider : Economy, Economy
Elana Wallach and her partner Luis Cortorreal split a tiny microstudio in the East Village.
Elana Wallach and her partner Luis Cortorreal split a tiny microstudio in the East Village.

Luis Cortorreal

2 millennials who have bought a combined 22 properties with friends and family explain how they got into real estate without waiting on a spouse

Tech Insider : Economy
Kristina Modares and Steph Douglass founded Open House Austin.
Kristina Modares and Steph Douglass founded Open House Austin.

Open House Austin

The Brooklyn landlord everyone hates could soon come to your neighborhood. Tenants warn these private equity groups are raising rent and ignoring maintenance issues.

Tech Insider : Economy
Residential apartment buildings are seen on July 26, 2022 in the Brooklyn borough of New York City.
Residential apartment buildings are seen on July 26, 2022 in the Brooklyn borough of New York City.

Spencer Platt/Getty Images

Manhattan renters are now forking out a record-breaking average of $5,588 per month, even though people are still flooding out of New York

Tech Insider : Economy
New York City
The surging average rental prices across New York City come despite people continuing to move out in droves.

Alexander Spatari/Getty Images

The top 10 most expensive states to live in based on living expenses — Hawaii is 50% above the national average

Tech Insider : Economy
Crumpled one dollar bills on blue background
The average US household spends roughly $2,046 per month on bills, per the study.

Tanja Ivanova/Getty Images

Struggling US downtowns could take a cue from a small town in England that gave businesses rent-free space

Tech Insider : Economy
At the intersection with Whiteoak street on Main Street in Kutztown, PA Wednesday afternoon September 16, 2020.
At the intersection with Whiteoak street on Main Street in Kutztown, PA Wednesday afternoon September 16, 2020.

Ben Hasty/Getty Images

Office vacancy hits an all-time high despite more people returning to in-person work

Tech Insider : Economy
Empty office

Getty Images

The 15 best US cities for renters right now, ranked by incomes, rents, and quality of life

Tech Insider
San Francisco.
San Francisco, California.

Alexander Spatari/Getty Images

Commercial real estate is being rattled by this year's crises. A recession in the sector might be at hand, experts say.

Tech Insider

Happy Friday eve, readers. Phil Rosen here, clocking in from NYC. 

There's a lot to say about financial markets these days — the debt ceiling is a fast-approaching crisis, the banking sector has been rattled by failures, and stocks are still fighting the Fed. 

The secondary impacts of these risks are less obvious. What happens in each worst-case scenario?

Commercial real estate may hold one answer.

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