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NYC by far. It’s got so much in its favor and it truly is one of a kind.
Agreed. I see NYC keeping its dominance at the top for the foreseeable future - even as cities continue to evolve and change and face new issues like what they're currently going through, NYC will remain the TOP city imo.
I think NYC. There is still so much opportunity around the city for development and growth. Its desirable. Has the infrastructure for further growth. I think a lot of legacy cities do.
The fawning on NYC is a bit excessive here. The long term impact of work from home is still to be determined as more and more leases come up for renewal. The persistence of the global economy and foreign parked money is also somewhat questionable in the next 100 years.
Taxes are very high in NYC. They could get even higher if commercial real estate really becomes more shaky down the line.
I get what you are saying.
But the sheer size and huge global city tier that New York City sits in, pretty much dwarfs both Los Angeles and Chicago.
I think that is why folks are overwhelmingly saying NYC takes this with ease.
Taxes in NYC are somewhat high, yes, but I don't think that will be NYC's "downfall."
Regarding taxes, Chicago and the state of Illinois are in super dire shape.
One of the big issues there is the population consistently shrinking over time, and the huge burden of high pensions of retired state employees.
I don't see Chicago's future being as bright as New York's or LA's.
The fawning on NYC is a bit excessive here. The long term impact of work from home is still to be determined as more and more leases come up for renewal. The persistence of the global economy and foreign parked money is also somewhat questionable in the next 100 years.
Taxes are very high in NYC. They could get even higher if commercial real estate really becomes more shaky down the line.
The fawning on NYC is a bit excessive here. The long term impact of work from home is still to be determined as more and more leases come up for renewal. The persistence of the global economy and foreign parked money is also somewhat questionable in the next 100 years.
Taxes are very high in NYC. They could get even higher if commercial real estate really becomes more shaky down the line.
Taxes are high in NYC, but they aren't exactly low in Chicago or LA either. In addition, in the long run NYC is at least fiscally solvent, unlike Chicago and IL who will need to continue to raise their taxes over the long run, as that area is financially busted.
Quote:
Originally Posted by allenk893
Anything's possible. Chicago (when it's being ran decently) is a force to be reckoned with in those aforementioned industries and it could possibly surpass them both one day. Modern day NYC and LA are running on legacy and the entertainment business.
There is simply not enough people in Chicago to surpass NYC in finance. You'd need to have 7 year old kids working as analysts for JP Morgan... unless you mean a magical time comes and Chicago starts growing at 100k people per year.
But the sheer size and huge global city tier that New York City sits in, pretty much dwarfs both Los Angeles and Chicago.
I think that is why folks are overwhelmingly saying NYC takes this with ease.
Taxes in NYC are somewhat high, yes, but I don't think that will be NYC's "downfall."
Regarding taxes, Chicago and the state of Illinois are in super dire shape.
One of the big issues there is the population consistently shrinking over time, and the huge burden of high pensions of retired state employees.
I don't see Chicago's future being as bright as New York's or LA's.
I'll note that in the 2020 census, Chicago, the two counties it's in, the MSA, and CSA all gained population from 2010 whereas Chicago actually had a drop in the 2000 to 2010.
Chicago is nice city but they need new leadership Chicago is most NYC like city outside of NYC but it won’t past LA Hollywood, Tech, Natural Beauty keep it at 2
Chicago is nice city but they need new leadership Chicago is most NYC like city outside of NYC but it won’t past LA Hollywood, Tech, Natural Beauty keep it at 2
This leadership would have to be goddamn and maybe impossibly spectacular to make it get to LA or NYC at least for the short turn without regards to potentially rising sea levels.
I think Chicago has a good chance of having an increasingly good rest of the decade though. It's got what is pretty spectacular urban bones that weren't as completely destroyed and has a fairy low cost of living compared to other premier cities, and I think younger people are taking note of that value and the freedom it gives to do things or try things which I think in an urban environment is good fertile grounds for new ideas. LA and NYC (and the Bay Area) are both substantially much more costly to live in than Chicago.
Criminals running all 3.
Chicago has the brightest future imrwo.
LA is a political disaster far worse than (even) Chicago
which still embraces capitalism to a fairly reasonable extent.
Isn't admitting support of capitalism fun (crazy i know).
NYC's future: it's NYC. It can't be dragged down too much further (right)?
Criminals running all 3.
Chicago has the brightest future imrwo.
LA is a political disaster far worse than (even) Chicago
which still embraces capitalism to a fairly reasonable extent.
Isn't admitting support of capitalism fun (crazy i know).
NYC's future: it's NYC. It can't be dragged down too much further (right)?
Did you recently go through a divorce or something?
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