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Absolutely nothing prevents NYC locals from raising up to the top and look at all the ethnic whites. Giuliani, an Italian American. Bloomberg, Jewish of Eastern European descent. Bloomberg may be from Boston, but he is still an ethnic white. De Blasio, the major of NYC.
DeBlasio is also from Boston and was born Warren Wilhelm... basically you have to be ethnic to get elected.
We should have a literacy test for elections in NYC, although that would probably erode the Democratic majority.
On the other side, there are still other parts of the US where a bachelor's degree is still enough to land a steady salary, land an office job, buy a SF home and support a family on a single 5-digit income w/o resorting to Air BnB. The investment bank where I work moved legal, corporate banking, capital markets and back office jobs down to Florida where salaries are 60% vs. NYC and the people there (some of whom make 6-digits) are much happier where they are now. There are also cities like Des Moines and Omaha that have HQs of regional companies. So maybe that's the answer for them - just move if they cannot skill up to the jobs remaining in NYC.
Bugsy, What about existing middle class areas getting sabotaged? NYC is planning on putting a huge homeless shelter on Cooper Ave in Glendale.
This is very much in line with the current regime's agenda to cater to their demographic voter base at the expense of everyone else. It's sad really, Glendale was probably a top 10 safesr NYC neighborhood just 20 years back. The issue is that the city govt no longer needs the middle class to pay taxes anymore. I recall reading abouy why the property taxes are disproportionate lower for houses was because the city needed middle income prople to stay in the city and pay taxes. Now there's the high income earners in Manhattan, and a few other areas who pay the bulk of the taxes. Neighborhoods like Glendale neither supports the regime nor play any financial importance. You guys are basically below the Bronx in terms of political influence at this point if not the bottom.
On the other side, there are still other parts of the US where a bachelor's degree is still enough to land a steady salary, land an office job, buy a SF home and support a family on a single 5-digit income w/o resorting to Air BnB. The investment bank where I work moved legal, corporate banking, capital markets and back office jobs down to Florida where salaries are 60% vs. NYC and the people there (some of whom make 6-digits) are much happier where they are now. There are also cities like Des Moines and Omaha that have HQs of regional companies. So maybe that's the answer for them - just move if they cannot skill up to the jobs remaining in NYC.
I haven't heard any bad things abt working for the unnamed bank in Jacksonville, however, that seems to be an exception to all the banks doing in-sourcing. For example at another bank the employees at the NYC office thinks that their Utah counterparts are all idiots and very much subpar workers. Most people would quit if forced to move there. Same can be said about another bank with offices in Raleigh.
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