Amen. There was an article this summer (maybe in the Times), that people were hard-pressed to find an 2-bedroom apartment in Manhattan/nearby-Brooklyn for under a mil. Yet, I’ve routinely found the same, mostly in less-trendy neighborhoods in more “plain-Jane” pre-war buildings for under $500k, sometimes a LOT under. It all depends on how high your standards are and how much hand work you’re willing to do.