Single Women Are Taking the Plunge — Buying Their Own New York City Apartments
All these single ladies liked it so much, they put a mortgage on it.
Unmarried women in the U.S. aren’t waiting to say “I do” before jumping into homeownership — doing so at twice the rate of single men. In New York, that means ponying up to buy a pad in the priciest real-estate market in the country — with just one household income and no support from a significant other.
That’s no mean feat, since women still earn significantly less than men.
“There’s a psychological shift going on,” said Paul Purcell, managing director at brokerage William Raveis New York, who sees more and more single women focusing on homes as part of their investment portfolios.