When there is a shortage, people will start dealing with reality or keep renting.There was definitely a shortage of apartments like mine in Brooklyn Heights when it went on the market. I had two offers within just a few hours after the open house and another offer the following morning.When I asked the broker about it she said "there's nothing out there".Hard to imagine in a large city like Brooklyn but I lived in an area that was very desirable and strangely enough, 850 sq. feet seemed huge to some people. And you could see the Statue of Liberty and the harbor from my kitchen window and the Brooklyn Bridge from my living room window.Lots of people are opting for renting right now.
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