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What is the percentage of rent controlled spots in the city? 1%? 2%
New York has no afford ability issue. Lol I am not aware of any apartment s being empty because of lack of tenants. Lol
Get it in your head: 10 million people chose to call NYC their home, more than twice more than in any other city. That's a huge vote of confidence.
What % live there in homes inherited or bought long ago when NYC was affordable? I was amazed at how many older people lived in NYC when living in the metro area.
Oh by the way did you know 10 Million people live there...? I keep hearing it repeated some must not know it I certainly do. Im sure they chose to live there too not just because of work there not available elsewhere lol
Lol. 10 million people lives there, more than in any other city. How is that for afford ability? Lol
The population of NYC is around 8.2 million. Anyway, the important question is - how well does the average person in NYC live compared to the same in other cities?
That would be my question. People have named about 10 cities that all include a piece of the best NY has to offer: Atlanta, Boston, Chicago, DC, LA, Miami, Philly, Seattle and SF. The cost of living in some of those places are equally as bad as NY. So what gives?
Probably the same reason bugs eagerly flock to a big bright light with letters on the side that say "ZAP 'EM." But truth be told, flocking there isn't the entire story. There is a big story relating to retirees who flock away from there. As well as non-retirees who learn first hand what the phrase "cost of living" truly means.
I think you may be confusing it with Tokyo. But many probably BELIEVE it is for the same reasons many believe that Americans are just so elevated in intelligence and skill when the reality is that we rank 25th in math scores among developed nations.
Probably widely know for two specific reasons: the UN is there and the financial center is there, both things which the average citizen isn't going to generally view as "funtime activity and entertainment." Ok, it's relentless appearance in cinema probably plays a big factor in that too.
Actually NYC is merely the largest scale benficiary of a nation-wide trend: the migration of the citizenry away from the more rural areas and to the more urban areas.
And by the way, arguably Paris is just as well known as NYC.
It doesn't sound like you're giving New York much credit. It may be the largest scale beneficiary of a nation-wide trend, but scale does matter. It's not like we moved from talking about cities to talking about martian colonies--of course, scale matters.
Also to put just the UN and the financial center as the reason is kind of foolish, isn't it? Certainly those are big reasons for NYC's popularity, but it also has the largest publishing corporations, the largest media companies, the largest art scene and market, a huge music and performing arts industry, a fairly large television/film presence in both production and mention (second to LA), an incredible food scene, very well known nightlife, a wonderfully varied population, and amazing institutes of education and research. These all (especially with the huge media presence) make NYC famous and not just the UN and Wall Street. Greenwich Village? Woody Allen? Broadway? The New Yorker? Harlem? Hip hop? Columbia? Central Park? Some of these ring a bell, right?
Cost of living is undoubtedly high, but for what you get it may or may not be worth it depending on the person.
That would be my question. People have named about 10 cities that all include a piece of the best NY has to offer: Atlanta, Boston, Chicago, DC, LA, Miami, Philly, Seattle and SF. The cost of living in some of those places are equally as bad as NY. So what gives?
NYC cost of living is, I think, higher than any of the other cities. SF gets close. If you want a 2000 sq. ft. house in or near NYC, you're looking at around $1 million. Other costs - like property taxes and private school education - are sky high, probably higher than any other city as well.
NYC cost of living is, I think, higher than any of the other cities. SF gets close. If you want a 2000 sq. ft. house in or near NYC, you're looking at around $1 million. Other costs - like property taxes and private school education - are sky high, probably higher than any other city as well.
Though you could just, you know, send your kids to public school. It's pretty much what all the Asian immigrants did and then just pushed their kids to do well--if you get enough critical mass then the school does actually improve quite a bit.
NYC is a great city. The best in the USA but as a metro entirely it quickly loses its appeal. If I had the option (and money) to live in NYC, I'd live there in a heart beat but if I were to end up in one the suburbs I'd do some serious thinking (because weekend trips to the city are not enough).
LA metro has mountains, beaches, great weather, and a lot of city amenities.
I'd personally take LA metro over NYC metro but NYC over LA (or any of her suburbs too)
Probably the same reason bugs eagerly flock to a big bright light with letters on the side that say "ZAP 'EM." But truth be told, flocking there isn't the entire story. There is a big story relating to retirees who flock away from there. As well as non-retirees who learn first hand what the phrase "cost of living" truly means.
I think you may be confusing it with Tokyo. But many probably BELIEVE it is for the same reasons many believe that Americans are just so elevated in intelligence and skill when the reality is that we rank 25th in math scores among developed nations.
Probably widely know for two specific reasons: the UN is there and the financial center is there, both things which the average citizen isn't going to generally view as "funtime activity and entertainment." Ok, it's relentless appearance in cinema probably plays a big factor in that too.
Actually NYC is merely the largest scale benficiary of a nation-wide trend: the migration of the citizenry away from the more rural areas and to the more urban areas.
And by the way, arguably Paris is just as well known as NYC.
Wow you think that people who chose to live to in New York have the same cranial capacity as bugs? Lol. That's such a stupid statement.
You realize that a lot of people live in NY precisely for the unparalleled employment and business opportunities?
There are many things that put New York ahead of the pack: job market, culture, arts, lifestyle yet it is the combination of all of the above that make it the most desirable location in the US. Again: 10 million people chose to call it home
Of course Paris is well known. What's your point ? Lol
The population of NYC is around 8.2 million. Anyway, the important question is - how well does the average person in NYC live compared to the same in other cities?
That's going to be relevant to most people.
That's a dumb question as quality of life is absolutely subjective as people have different preferences and standards.
You should rather ask what makes 8.2M people stay in the most densely populated and expensive city in the nation.
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