Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Closed Thread Start New Thread
 
Old 01-09-2022, 12:40 AM
 
34,054 posts, read 17,071,203 times
Reputation: 17212

Advertisements

Connecticut #4. NY #2. NJ #1.

No shock.

https://moneywise.com/a/ch-c/america...um=taboola_arz

 
Old 01-09-2022, 03:40 AM
 
106,673 posts, read 108,833,673 times
Reputation: 80164
People live where they do for lots of reasons ..these articles are pure nonsense and click bait …

#1 reason for living where many of us do ? Kids , friends and family are there.

As it says about where we are located

“Living in New York City is an infamous challenge, as the median home costs over $1.6 million and rent will run you around $5,100 per month.”

The real truth is more than half of all rentals in nyc fall under rent stabilization…

The rents are less then half of that amount …a market price on a luxury apartment in manhattan may be 5100 ..but typical rents are less then half that figure above.

We live in a great stabilized building and for 2k a month we have a pool and tennis courts in one of the most high end areas in queens .

As far as buying ,there are loads of coops and condos one can buy in high rise buildings for a few hundred thousand dollars


These articles that try to portray a place in a paragraph are nothing but click bait

Last edited by mathjak107; 01-09-2022 at 04:04 AM..
 
Old 01-09-2022, 04:04 AM
 
Location: Pennsylvania
31,340 posts, read 14,265,634 times
Reputation: 27863
Being next door to NJ and near enough to NYC I know all about their situation. NJ deserves to be near the top of the list for sure, but number 1 state to not live in has to be California, it's a darn near Marxist regime out there, a nanny state, with a super high cost of living, high taxes, high gas costs, horrible commutes, illegal immigrants running wild, and so forth. Let's not forget wildfires, earthquakes and an ongoing drought.

By the way, PA is no paradise either. It's got some good points, but poor weather for 1/3 of the year. I'd rather be elsewhere.

Last edited by BeerGeek40; 01-09-2022 at 04:23 AM..
 
Old 01-09-2022, 04:09 AM
 
106,673 posts, read 108,833,673 times
Reputation: 80164
Our kids are in New Jersey…they like it because it is close to where they work .

It is very nice where they are and compared to other desirable areas taxes are pretty low. ..

Our other son is in westchester and pays 31k a year in real estate taxes , on the other hand the one in New Jersey pays 12k .


Our daughter is in Howard beach not far from where gotti used to live and has a coop they bought for 150k now worth about 200k . …

There maintenance fees are very low .

We had the house in the poconos in pa .where the cost of living was about one third lower .

But pay for what I did was half .

The area lacked so much of what was important to us now that we were retiring .

No public transportation system if I couldn’t drive

No well paying jobs

Few medical specialists

The local hospital was Scranton hospital.

Nothing to do all winter

The list of negatives went on and on

We had the best of everything we would want right here in New York

So the specifics are going to be highly personal and unique to each of us..

Painting with a one size fits all brush is nonsense

Last edited by mathjak107; 01-09-2022 at 04:32 AM..
 
Old 01-09-2022, 05:19 AM
 
5,907 posts, read 4,431,507 times
Reputation: 13442
I would just say that in order to place high on a list like this, you’d have to be in a well off or pretty desirable place.

You would probably rarely see a state with limited economic opportunity and other bad attributes on a list like this because people don’t have the means to leave or there simply aren’t enough people to leave or the cultural mindset to pick up and leave.

It’s just clickbait.


It’s like the misused sports stats that point to certain QBs having comebacks. You have comebacks because you’re often losing. Better quarterbacks might not have comebacks because they’re winning usually… or they’ll say QB x is 40-3 where his team rushes more than it passes…that might not be because they’re better off when they’re not passing, it’s just that they’re running more because the game is already won and they’re grinding clock. But people will try and point to how awesome comebacks are or how you’re a game manager because your team wins more as you pass less.

People often misread what stats imply or potentially mean.


Maybe it’s as simple as those 3 states provided so much economic opportunity, they have a steady stream of retirees moving to warmer climates and enjoying the good life on their warchest of money as they trade to a lower COL area? Or….or…

Last edited by Thatsright19; 01-09-2022 at 05:27 AM..
 
Old 01-09-2022, 05:55 AM
 
Location: Pennsylvania
31,340 posts, read 14,265,634 times
Reputation: 27863
Quote:
Originally Posted by Thatsright19 View Post
I would just say that in order to place high on a list like this, you’d have to be in a well off or pretty desirable place.

You would probably rarely see a state with limited economic opportunity and other bad attributes on a list like this because people don’t have the means to leave or there simply aren’t enough people to leave or the cultural mindset to pick up and leave.

It’s just clickbait.


It’s like the misused sports stats that point to certain QBs having comebacks. You have comebacks because you’re often losing. Better quarterbacks might not have comebacks because they’re winning usually… or they’ll say QB x is 40-3 where his team rushes more than it passes…that might not be because they’re better off when they’re not passing, it’s just that they’re running more because the game is already won and they’re grinding clock. But people will try and point to how awesome comebacks are or how you’re a game manager because your team wins more as you pass less.

People often misread what stats imply or potentially mean.


Maybe it’s as simple as those 3 states provided so much economic opportunity, they have a steady stream of retirees moving to warmer climates and enjoying the good life on their warchest of money as they trade to a lower COL area? Or….or…
Agree and disagree with this. Absolutely - can stats be misleading? YEP! And sports stats for sure.
Call it clickbait if you want, but some places are better to live than other ones.
 
Old 01-09-2022, 06:15 AM
 
106,673 posts, read 108,833,673 times
Reputation: 80164
Quote:
Originally Posted by BeerGeek40 View Post
Agree and disagree with this. Absolutely - can stats be misleading? YEP! And sports stats for sure.
Call it clickbait if you want, but some places are better to live than other ones.
But which are better are defined by each of our own priorities and specifics
 
Old 01-09-2022, 07:10 AM
 
17,874 posts, read 15,947,840 times
Reputation: 11660
Quote:
Originally Posted by BobNJ1960 View Post
Connecticut #4. NY #2. NJ #1.

No shock.

https://moneywise.com/a/ch-c/america...um=taboola_arz
But that the biggest Metropolis in the Nation in terms of population. So many people living where they should not be is terribad.
 
Old 01-09-2022, 09:23 AM
 
34,054 posts, read 17,071,203 times
Reputation: 17212
Quote:
Originally Posted by NJ Brazen_3133 View Post
But that the biggest Metropolis in the Nation in terms of population. So many people living where they should not be is terribad.
A metropolis consistently losing seats in Congress as it is, as a trio (NJ/NY/CT) losing population vs a nation gaining 8% per decade.
 
Old 01-09-2022, 09:51 AM
 
106,673 posts, read 108,833,673 times
Reputation: 80164
Quote:
Originally Posted by BobNJ1960 View Post
A metropolis consistently losing seats in Congress as it is, as a trio (NJ/NY/CT) losing population vs a nation gaining 8% per decade.
It should be losing population as millions of retirees leave the northeast for warmer and cheaper pastures.

Almost 67% of all New Jersey moves were outbound last year, according to a survey from United Van Lines.

A third of people who left New Jersey also cited retirement as a primary reason for their decision to pack up and go.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Closed Thread


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top