Roommate or Risk? Experts caution against online connections in NYC

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Roommate or Risk? Experts caution against online connections in NYC
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Experts suggest thinking twice before moving in with an online roommate in New York City.

Ahluwalia is a recent college grad, coming from Austin and starting a new job this summer in NYC. She is now one of 70,000 other young females in the Facebook group desperate to find an apartment she can afford.

"Posts get flooded so fast," Ahluwalia said. "I'll contact a girl who posted maybe 16 hours ago, and she has already found someone." "There are just no apartments. Inventory is at a historic low. And there's never been more of a demand for people to come back and move here."Raskof says the low inventory mixed with employees desperate to move before their new job starts, means landlords can charge excessive rent and a plethora of other fees including a broker’s fee that's 15% of the annual rent. "It's really hard to not fall for it sometimes," said Ahluwalia.

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