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Old 04-11-2021, 01:52 PM
 
Location: Beautiful Pelham Parkway,The Bronx
9,247 posts, read 24,080,233 times
Reputation: 7759

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Interesting article in The NYTimes the other day about a phenomenon people aren't paying much attention to yet: people who live in suburban and rural areas and have always wanted to live in cities but couldn't afford it have found themselves able to now because they are selling their houses to people fleeing the city at prices they never dreamed possible.

https://www.nytimes.com/2021/04/09/r...b-to-city.html

I guess it's true that for every action there is an equal and opposite reaction and one man's junk is another man's treasure. Who would have thought that a pandemic would make it possible for people to realize their dream of living in the city?

Personally, I think a lot ( if not most) of the people who fled are going to wind up coming back too. Some people I know already regret their departures to upstate.
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Old 04-11-2021, 02:12 PM
 
926 posts, read 417,625 times
Reputation: 1010
I think the saying "you get what you pay for" applies here.

Yes, it's more afforable, but there is a reason for that. Take the UWS, for example. What was a wonderful neighborhood has now become unsafe, to the point that some people are afraid to go outside alone after dark - which wasn't the case before.

If your budget is, say, $350,000, you can now buy a small pad there, when before this budget would have left you outpriced. Is it worth it, though? I don't think so.
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Old 04-11-2021, 02:42 PM
 
Location: Beautiful Pelham Parkway,The Bronx
9,247 posts, read 24,080,233 times
Reputation: 7759
Quote:
Originally Posted by Fleura123 View Post
I think the saying "you get what you pay for" applies here.

Yes, it's more afforable, but there is a reason for that. Take the UWS, for example. What was a wonderful neighborhood has now become unsafe, to the point that some people are afraid to go outside alone after dark - which wasn't the case before.

If your budget is, say, $350,000, you can now buy a small pad there, when before this budget would have left you outpriced. Is it worth it, though? I don't think so.
LOL, people are now afraid to go out at night on the UWS ? That's ridiculous. They should stop reading the Post and do some research on actual crime stats and compare with other neighborhoods and other cities...big and small all across the country. I'd bet the UWS is in the top 10% of low crime urban areas in the U.S. Anyone there afraid to go out at night should never have moved to any city in the first place and should get out asap and move a gated community somewhere.
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Old 04-11-2021, 02:45 PM
 
Location: New Jersey!!!!
19,051 posts, read 13,968,817 times
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My only regret is not doing this sooner. Although in the end, we probably did it at the right time. I got the huge overtime boost, high sale price, low mortgage interest rate, and found a fixer-up I didn't have to overpay for.
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Old 04-11-2021, 02:46 PM
 
Location: Beautiful Pelham Parkway,The Bronx
9,247 posts, read 24,080,233 times
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Quote:
Originally Posted by Airborneguy View Post
My only regret is not doing this sooner. Although in the end, we probably did it at the right time. I got the huge overtime boost, high sale price, low mortgage interest rate, and found a fixer-up I didn't have to overpay for.
Sounds good. Congrats.
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Old 04-11-2021, 02:55 PM
 
Location: New York, NY
12,789 posts, read 8,295,950 times
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Quote:
Originally Posted by bluedog2 View Post
LOL, people are now afraid to go out at night on the UWS ? That's ridiculous. They should stop reading the Post and do some research on actual crime stats and compare with other neighborhoods and other cities...big and small all across the country. I'd bet the UWS is in the top 10% of low crime urban areas in the U.S. Anyone there afraid to go out at night should never have moved to any city in the first place and should get out asap and move a gated community somewhere.
It's not ridiculous at all. The crime stats overall are being suppressed to support an agenda that crime is low. Who are they kidding when you have all of these recidivists and mentally ill people walking around and the ongoing homeless problem from the hundreds of new homeless people dumped in the neighborhood? I'm in the area a lot. I spend a lot of time on the UWS and know people that used to live there and have left. I can tell you that even before the Post started reporting on the issues, I've experienced them first hand on Columbus and on Amsterdam.

Guys yelling and ranting for no reason on Amsterdam because they're mentally ill. Constantly being hit up for money walking out of Joe Coffee on Columbus, and this was during the good times before COVID. There are too many homeless people and not enough support being given for those people, so they roam. They're not stupid. They know it's an expensive neighborhood, with people with money.

The Upper East Side by comparison has seen very few changes in terms of the homeless situation. A few hot spots, but overall, I feel much safer on the UES.

Quote:
Originally Posted by Fleura123 View Post
I think the saying "you get what you pay for" applies here.

Yes, it's more afforable, but there is a reason for that. Take the UWS, for example. What was a wonderful neighborhood has now become unsafe, to the point that some people are afraid to go outside alone after dark - which wasn't the case before.

If your budget is, say, $350,000, you can now buy a small pad there, when before this budget would have left you outpriced. Is it worth it, though? I don't think so.
I pass by Nice Matin on 79th and Amsterdam and wonder what business is like now that all of those homeless people are congregating nearby. Couldn't pay me to eat outside there, and I'm definitely not eating inside with this pandemic still raging.

Last edited by pierrepont7731; 04-11-2021 at 03:08 PM..
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Old 04-11-2021, 03:01 PM
 
926 posts, read 417,625 times
Reputation: 1010
Quote:
Originally Posted by bluedog2 View Post
LOL, people are now afraid to go out at night on the UWS ? That's ridiculous. They should stop reading the Post and do some research on actual crime stats and compare with other neighborhoods and other cities...big and small all across the country. I'd bet the UWS is in the top 10% of low crime urban areas in the U.S. Anyone there afraid to go out at night should never have moved to any city in the first place and should get out asap and move a gated community somewhere.
Yes they are, and for good reason. You can attend a community board meeting (CB Manhattan 7) - it's online and free. You'll see that safety issues are real concerns for the residents. And these are not people who moved to the city from Small Town, Iowa in recent years, but long-timers or native New Yorkers.
Some are elderly, others are parents of teenagers, many are women and yes they are legitimately afraid. It sounds to me that you may not be aware of the situation in that neighborhood. It changed a lot since last summer.
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Old 04-11-2021, 03:04 PM
 
Location: New Jersey!!!!
19,051 posts, read 13,968,817 times
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Quote:
Originally Posted by bluedog2 View Post
Sounds good. Congrats.
Thank you.
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Old 04-11-2021, 03:09 PM
 
Location: New York, NY
12,789 posts, read 8,295,950 times
Reputation: 7107
Quote:
Originally Posted by Fleura123 View Post
Yes they are, and for good reason. You can attend a community board meeting (CB Manhattan 7) - it's online and free. You'll see that safety issues are real concerns for the residents. And these are not people who moved to the city from Small Town, Iowa in recent years, but long-timers or native New Yorkers.
Some are elderly, others are parents of teenagers, many are women and yes they are legitimately afraid. It sounds to me that you may not be aware of the situation in that neighborhood. It changed a lot since last summer.
Sure did. Muggings, businesses vandalized left and right. Horrible...
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Old 04-11-2021, 03:12 PM
 
Location: Brooklyn, NY
10,070 posts, read 14,449,392 times
Reputation: 11257
It is a great opportunity on the rental side to snag a good deal.

Many Brooklyn neighborhoods are still as vibrant now as they were pre-pandemic.

Manhattan is starting to see much more of a flow of people similar to pre-COVID, also.

I was just in they city yesterday, all over downtown, and it felt like a spring day in 2019.
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