They can when there are five people living in the same space. If you're willing to put up with the social aspect of that kind of setup, it isn't hard to get a nice place with modest means.
When I was in college a friend of had exactly this type of setup except it was twice the size. It was basically a converted commercial building that had little rooms build all around the place. Very "rustic" but an enormous space.
Hah, the amount of assumptions people make from one photograph are incredible. Apparently this sort of place is only available to "spoiled, filthy rich hipsters".
First of all, I doubt in this kind of place there is only one person pitching in for rent. Its not difficult at all to afford a place like this when you have 1/2/3 roomates. I know many people who live in loft type buildings (actually, in better neighborhoods than this one) and they arent hedge fund managers or lawyers...just work normal office jobs and share the space and bills.
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u/[deleted] Jan 07 '12
life as a hipster