What's the solution to the housing affordability issue?

[mardochee76]

Originally Posted by sstsunami55

I agree. The average person needs to read an economics for dummies book. After reading about supply and demand, they'll understand that the problem is that zoning is restricting supply.

Rethinking a Century of Zoning – InsideSources

The lingering effects of NYC's racist city planningtranslation missing: en.title_builder.default_delimiterHopes&Fears

[vision33r]

Originally Posted by bklynkenny

Isn't their NY office mainly for sales? They probably want the NYC presence to be near other businesses. It may also be to attract younger talent. Didn't one of the major financial institutions leave NYC for Connecticut only to have issues attracting top talent? I read about it in one of the papers a few years back.

EDIT: This was the article Regretting Move, Bank May Return to Manhattan - NYTimes.com

I always turn down job offers in CT, it's not the commute people who live in NY + NJ wants to go through. Because they are not paying the rates that's worth someone going through the hassle to go there. Stamford is no quick ride from Penn.

However jobs around Newark NJ or Jersey City is do-able for someone living in NYC. Enough commute options.

[bklynkenny]

Originally Posted by vision33r

I always turn down job offers in CT, it's not the commute people who live in NY + NJ wants to go through. Because they are not paying the rates that's worth someone going through the hassle to go there. Stamford is no quick ride from Penn.

However jobs around Newark NJ or Jersey City is do-able for someone living in NYC. Enough commute options.

Jersey City, Newark, Hoboken, etc are close enough that they can be considered the 6th borough. That's definitely quite different than Connecticut, Long Island. From your earlier posts, I was picturing large corporate campuses in suburbia without mass transit options.

[Kefir King]

If Google feels the need for person to person sales contact, it doesn't show much faith in their own electronic business model, does it?


A New York City presence is mere prestige and little else.