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If a lot of high income people left the city, that means the housing markets would collapse. In the process and throughout the carnage the city would become AFFORDABLE to many working and middle class people.
Have you considered just moving to a city where this has already happened? Say, Detroit?
The problem is life as we know it is in the depends on those people who just come here from other countries and other states with low skill sets. The city service and retail sectors depends on them (restaurants, hotels, bars, laundry services, stores, etc).
Without these people who is going to work in the places where New Yorkers get their FOOD from? Who is going to clean the clothes of New Yorkers (many apartment buildings do not have their own laundry rooms and this is actually a part of the problem since it means people have to go to laundrymats).
In a city where many people don't have their own apartments, much of the food they eat comes from cheap ethnic restaurants as many cannot realistically cook at home.
So what of it? You think there weren't service workers, domestics, trade persons, etc... and so forth back in the day? Well am here to tell you there were, the only difference was they weren't being forced upon developers in exchange for a few "low income" housing units while the city and state otherwise lose scores of millions in tax revenue.
Have you considered just moving to a city where this has already happened? Say, Detroit?
When you look at who ruined Detroit and how that all went down, then examine the current groups of fools calling shots in NYC and to an extent NYS; and it's deja vue all over again.
When you look at who ruined Detroit and how that all went down, then examine the current groups of fools calling shots in NYC and to an extent NYS; and it's deja vue all over again.
So who ruined Detroit?
Wasn't it NAFTA and the rest of these "global" organizations who wanted to take union jobs out of the city to "spread the wealth?"
Detroit was not ruined by "unions" demanding living wages for their workers. If anything a company that can't pay its workers living wages should not be allowed to be in businesss. Why should thetaxpayer subsidize a failing business that takes its lack of profits out on the workers that keep the company running?
Everyone knows it was globalization and NAFTA that killed Detroit. The breakdown of trade tarriffs and the advent of cheap shipping allowed car makers to make greater profit by producing their cars cheaply in third world countries.
Detroit was hit especially hard because its economy was overdependent on car production and was not diversified but literally the exact same problems occurred in conservative regions of upstate New York and Appalachia where industry packed up and left after anti-worker trade deals wreaked havoc
A city comprised of only poor people will fail economically and socially. The "rich" will take their jobs with them and then those families will no longer be "working".
Tell that to socialist countries that have/had full employment. You don't need rich people to have jobs you just need work to be done. Besides, there's always going to be to big of a market here in NY for the rich to ignore. They will grit and bare their teeth but there's to much money to lose out on by up and leaving. If they do leave I say great! Nationalize and turn into cooperatives whatever they leave behind and we'll call it square
Have you considered just moving to a city where this has already happened? Say, Detroit?
I was born in NY, graduated from schools in NY and have friends, family, and professional ties to NY. So Detroit is not and never will be a consideration.
It's crazy that some posters think everyone should accomodate a FEW out of town wealthy whites who own property in NY AND in other places. These people have no real ties to NY and can easily leave whenever they want. If policies by Cuomo and de Blasio drive them out of the city, the rest of us (the majority of NY, especially people of ANY race born here) will not weep.
Honestly if a bunch of well off people moved out of NY, eventually more well off people would move to NY anyway. NYC is the most famous city in the nation, and has a lot to offer. It always had, and even in the 70s people came here to study, do business, etc from all over the world.
That does not mean we should cater the city to the 1 percent. If they hate paying taxes, let them leave. If they hate more equitable social policies, let them leave.
So what of it? You think there weren't service workers, domestics, trade persons, etc... and so forth back in the day? Well am here to tell you there were, the only difference was they weren't being forced upon developers in exchange for a few "low income" housing units while the city and state otherwise lose scores of millions in tax revenue.
These are the majority of the people in the city. Housing across the board in the city should be built for THEM, and not for the "luxury crowd" that has no real ties to NY.
I remember when Giuliani "cleaned" up NYC. Oh, he got rid of "crime" alright. Poor African American and Latinos were arrested for drug dealing (but not white users). Oh, and the majority of the city's gay bars were shut down for drugs, and in many cases the buildings they were in torn down and replaced by luxury housing.
Obviously this was a war on marginalized groups. Get rid of these unwanted people from prime real estate so wealthy straight white people from other places will feel more COMFORTABLE (except now nationally there's the opiates epidemic among straight white people so decriminalization and legalization are gaining traffic as we cannot throw straight white people in jail).
Bloomberg's dream gentrified NY isn't good for white people as well, as the majority of them, even professionals would have to live with roommates to be able to afford NY long term. Kind of puts a damper on purchasing property, getting married or having solid relationships, or even hosting friends and family from out of town or for a party or whatever. It's only for ultra rich people like him.
There is no reason for the majority of New Yorkers to support Bloomberg's one percent New York. So as it eventually dies, the rest of us should take out our champagne glasses and sip. It's time to build a different NY.
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