Quote:
Originally Posted by hat456
I moved from CT, but am keeping tabs on what's going on because we still have family there. I still believe that CT and other areas around NY are being changed into "boutique" or "luxury item" (as said by Bloomberg himself) areas. This is being done purposely to turn the areas into a high-end area only. No middle class needed for these guys.
Many of the super high wage earners have gotten very rich thru this "recession" (not for them!) and this is basically an all or nothing, sink or swim mentality for the rest of us. I'm speaking long term here, so if you see a policy that helps the middle class, it is just a bandaid, or one that got thru due to some people really trying to help others. But, in the long run, this is what's happening.
"Creative destruction" some call it.
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The New York city area has always been expensive and the Fairfield county suburbs have been exclusive since before World War 2. May be it is worse now, but may be it isn't. I don't think it is any grand plan just a matter of the free market conditions. Too many people chasing the same item. Jay
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