This question, I suppose, is mainly aimed at people with experience in the New York area (but of course anyone with an opinion can chime in!). Do you suppose Peter and Elizabeth own or rent their home?
Since all of my experience is with smaller cities with a lower cost of living, I had been assuming all along that the Burke home was a townhouse/condo that they owned (well, that they were carrying a mortgage on, anyway). But I was looking up rental and purchase prices in Brooklyn today for a slightly different reason, and it's making me go DDDD: and wonder if it's at all possible for two people with their likely incomes to own a place that large in that part of town.
For that matter, I don't know how common it is for people in New York to own their homes at all. In the small and medium-sized towns where I've lived, it would be rather uncommon for white-collar professionals to rent an apartment (they would probably buy a condo at the very least), which is why I had assumed that they were buying their house. But maybe it's entirely different in a big city, especially a city the size of New York, where real estate is so very expensive. Is it just my small-town/Midwest background showing here?
The Burkes: mortgage, or rent? SPECULATE!
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