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Uh, I think its the smart ones that are leaving.Most of the problems are due to no one wanting to leave because of family /relatives. Or they would have left too. Plus as long as we keep getting LEgal and Illegal people moving in the population is relatively stable--and Crammed . There are states twice as big as NY with populations less than long island not including queens or NYC. Unless you work or go to school its just not fun living here and throw in the crummy winter if you are retired you end up sitting in the house going now what do we do. Most of our green belt trails are choked with foreign invasive plants taking over but thats ok since it hides all the plastic ****. It needs a good burn to get back our native grasses and plants for a more diverse habitat.Most every lake or bay is polluted and impacted from our cultural habits yet all we can preach is more jobs.For who--more people coming in! This place is a losing battle.
Houses are more expensive here because a tornado won't come along and wipe it out..plus we are on an island..how luxurious is that!. I'm staying put even though i might have to live in coram and drive an hour to work. Our parents have to help us raise our future kids. even out of state day care would be unaffordable.
It's about the math. If you have good income, you take a look at if you could get jobs where they have new houses for 250K, what they would pay, and how much you end up with after the fact. You also need to take into account job stability in those other places.
I'm married to a teacher and I have a decent job in a growing company..if we moved someplace like, say, where Mike50 lives, both of us would take a pay cut and my wife could laid off in a heartbeat....it would be too big a risk. So, even though with what we have in the bank we could put over 20% down and afford a mortgage easily, long term the number still don't work out much better for us if you take all things into account.
If our only concern was making sure we had a 3000 sq foot place to live, then we'd move, as that is out of our reach here. You don't need that to be happy.
It's about the math. If you have good income, you take a look at if you could get jobs where they have new houses for 250K, what they would pay, and how much you end up with after the fact. You also need to take into account job stability in those other places.
I'm married to a teacher and I have a decent job in a growing company..if we moved someplace like, say, where Mike50 lives, both of us would take a pay cut and my wife could laid off in a heartbeat....it would be too big a risk. So, even though with what we have in the bank we could put over 20% down and afford a mortgage easily, long term the number still don't work out much better for us if you take all things into account.
If our only concern was making sure we had a 3000 sq foot place to live, then we'd move, as that is out of our reach here. You don't need that to be happy.
I can agree with some of what you post. Happiness is a state of mind
Why do you constantly complain about civil servants salaries and taxes
Civil servants make more on the Island then anywhere else is because "you take a look at if you could get jobs where they have new houses for 250K, what they would pay, and how much you end up with after the fact"
Sometimes, instead of complaining all the time....one could answer their own questions
Houses are more expensive here because a tornado won't come along and wipe it out..plus we are on an island..how luxurious is that!. I'm staying put even though i might have to live in coram and drive an hour to work. Our parents have to help us raise our future kids. even out of state day care would be unaffordable.
Have you considered looking into foreclosures ? You might get a good bargain. Foreclosures are making up more and more of the sales these days on long island. As someone said earlier, current owners will not sell for a loss and try to hold out as much as they can.... they will probably run the house into a foreclosure....
I've been hearing about this flight since i'm 10. Still plenty of successful people here though. I guess all the losers are the ones leaving.
Yup agreed, there is def lot of money here...people who have banked 15-30 years ago, and are in there 50s and 60s, starting to go gray on the sides a bit, in a paid off house worth $2m sipping margaritas by the pool in the backyard. Oh and a Mercedes financed with last years tax return in the driveway. Younger people who want that same opportunity are doing it in other places where the market is easier to get into. So, I don't think its a question of loosers leaving....that's the provincial attitude prevalent on LI speaking.
I've been hearing about this flight since i'm 10. Still plenty of successful people here though. I guess all the losers are the ones leaving.
Or staying depending on what your stance is. Mortgage goes down yet property taxes go up while services get cut. I was telling my wife the other day if this pattern kept up at it's current rate by the time I pay off my mortgage my property tax would be what my mortgage used to be.
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Only the smart ones are willing to pay 10K in taxes on a postage stamp lot.. BTW where's crook's been to back you up 
