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01-27-2009, 12:33 PM
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3 posts, read 8,858 times
Reputation: 17
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Whats with people wanting to move here???save yourself the trouble..
New York city has one of the biggest job loss rates in the country..and yet people still want to move here??  ...for the past few months, i've met quite a few people that moved here from different countries/states and had to move back or to another state because things are so Mod cut: languageup here....
And to drop a little reality to the situation..the only reason this place is so damn expensive is because of the "name"..... EVERYONE knows "New York CIty"...which means this place is a hot spot for tourists...do the math.....tourist + tourist's money= increases in prices on EVERYTHING because the tourists are more than likely willing to move here....its ridiculous; a lot of people are so happy that this is such a "cool, hip" place to be...but thats exactly why its so expensive... 
Last edited by Viralmd; 01-27-2009 at 04:12 PM..
Reason: language
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01-27-2009, 12:55 PM
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Location: New York City
2,900 posts, read 2,872,423 times
Reputation: 2136
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Your post is rather confused. What do you mean by "because the tourists are more than likely willing to move here"? If they moved here they wouldn't be tourists.
Regarding wanting to move here: A smart investor buys low and sells high. A lot of idiots bought high and are trying to sell low; for a smart investor, now is the perfect time to move to New York. The general horde will likely overcompensate in selling and there will be bargains to be found. New York will always be New York (or at least Manhattan will always be Manhattan); the boroughs are more complicated. If you love urban architecture and walkability where else are you going to go? The entire world is in recession. Smart people are paying off debts and positioning themselves for the future.
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01-27-2009, 01:08 PM
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317 posts, read 626,198 times
Reputation: 139
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Flatman --If you do not share others' fondness for NYC, why are you trolling on a NYC blog? If you don't like it change the channel, and by all means don't let that tunnel gate hit you in the &ss on your way out.
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01-27-2009, 01:13 PM
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Location: Cooper City, by way of NYC
2,756 posts, read 3,300,790 times
Reputation: 440
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It is a good time for real estate? Everything still looks inflated to me, what do you guys think?
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01-27-2009, 01:27 PM
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Location: New York City
2,900 posts, read 2,872,423 times
Reputation: 2136
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I don't think it's a good time to buy, but I think it will be in a year or two. It's a great time to rent and watch the market.
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01-27-2009, 01:31 PM
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Location: Cooper City, by way of NYC
2,756 posts, read 3,300,790 times
Reputation: 440
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but the rents haven't gone down at least as far as I can tell.
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01-27-2009, 02:30 PM
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89 posts, read 141,634 times
Reputation: 41
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Why? I'm sick of driving everywhere. I'm afraid when i am unable to drive I'll be housebound. I am isolated in my suburb in Fl. (and I live in TOWN LOL) - I want access to the freshest organic food I can buy (not Wal-Mart food). I want neighbors, I want a coffee shop I can walk to. I want public transportation instead of what passes for public transportation in Florida. I won't even mention the arts - since that's a given. I want to watch first run movies and not wait weeks for it to come to my little theater. I don't need to work - I'm retiring to Brooklyn Heights. Oh and one more thing, my utility bill was over 800.00 in the heat of the summer. These cheap mcMansions down here are NOT insulated or built well.
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01-27-2009, 07:08 PM
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Location: Fairfield County, CT
5,371 posts, read 3,046,062 times
Reputation: 2884
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Let me add to that...
Quote:
Originally Posted by roccos
Why? I'm sick of driving everywhere. I'm afraid when i am unable to drive I'll be housebound. I am isolated in my suburb in Fl. (and I live in TOWN LOL) - I want access to the freshest organic food I can buy (not Wal-Mart food). I want neighbors, I want a coffee shop I can walk to. I want public transportation instead of what passes for public transportation in Florida. I won't even mention the arts - since that's a given. I want to watch first run movies and not wait weeks for it to come to my little theater. I don't need to work - I'm retiring to Brooklyn Heights. Oh and one more thing, my utility bill was over 800.00 in the heat of the summer. These cheap mcMansions down here are NOT insulated or built well.
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Great post. Maybe its different because I travel for a living and could live anywhere. I am moving to NYC because I like being able to eat at a different ethnic restaurant every night of the week. I like being able to travel anywhere in the world with out getting in my car. I like being able to fly non-stop to the cities where I will work. I like shopping... I like theater... I love professional sports. Can't get much of that here in Austin, TX.
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01-27-2009, 07:29 PM
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Location: Beautiful Pelham Parkway,The Bronx
5,077 posts, read 6,780,969 times
Reputation: 2938
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Quote:
Originally Posted by roccos
Why? I'm sick of driving everywhere. I'm afraid when i am unable to drive I'll be housebound. I am isolated in my suburb in Fl. (and I live in TOWN LOL) - I want access to the freshest organic food I can buy (not Wal-Mart food). I want neighbors, I want a coffee shop I can walk to. I want public transportation instead of what passes for public transportation in Florida. I won't even mention the arts - since that's a given. I want to watch first run movies and not wait weeks for it to come to my little theater. I don't need to work - I'm retiring to Brooklyn Heights. Oh and one more thing, my utility bill was over 800.00 in the heat of the summer. These cheap mcMansions down here are NOT insulated or built well.
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This is very important because there is a lot of truth in it and it means a lot for the future.
In the 1950's until the 1990's there was an anti urban sentiment that fostered a flight to the suburbs and a very wasteful car centered culture.I think the whole trend of "gentrification" that was going full swing until recently will probably accelerate once things stabilize and people who can will continue to abandon the suburbs and move back to the cities.It is not just New York but any decent city in the country.It is not just here in the U.S but other parts of the world.It is not just yuppies and hipsters but retirees,children of the white flight. Notice how some areas of Long Island look more run down and scary than most of The Bronx ?Notice how Ny and other cities seem to be adopting policies to encourage poor people to move out?Closing down projects,giving people a voucher and a bus ticket to Penn or Georgia or wherever?
I think the country is starting to wake up to the fact that suburban existence is empty,unfulfilling and unsustainable.Just because a couple of generations got caught up in that suburban frenzy doesn't mean it was meant to or will go on forever.
The world is starting to rediscover the advantages of urban life and the new economic realities might actually help it along.
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01-27-2009, 09:20 PM
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3,225 posts, read 4,135,759 times
Reputation: 821
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Quote:
Originally Posted by tpk-nyc
I don't think it's a good time to buy, but I think it will be in a year or two. It's a great time to rent and watch the market.
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That's my take also. |
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