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Immigration. Wealthier people leaving, poorer people moving in. Over time it becomes a third-world like city where you have an elite 1% ruling over a mass of peasants, dependent on government services, with very little social or economic mobility. This same pattern has repeated over and over for hundreds of years and is still alive and well today in the west.
Too bad this is all false and mostly from delusion. I highly doubt all the luxury buildings being built all throughout the city were made for the "illegals" moving in.
How are these peasants affording to live here? I feel like its more middle-class and poor people moving out and wealthy, young, well funded youths moving in and taking up more space per sq ft then the people who left.
That is the reality. With all the luxury buildings being built I find it scary people are still using illegals as an excuse.
Why would a property management company build $3,000 a month 1 bedroom apartments in preparation for illegals?
People are moving for 2 reasons. better oppurtunities with their degrees/skills or to be near other family that has left.
This city was meant to be home to the new immigrants, chasing that dream, and move on after a generation or 2.
Those that stay own a home, have a rent controlled apartment, or in Public Housing.
These folks may also be retired age, and medicare is not the same outside nyc. Getting to a doctor is not as challenging. And that subway/bus system is hard to beat...
But with some skills, better oppurtunities avaliable, having a family with 1 breadwinner is now a real possibility. No one really wants to live like sardines, but nyc is where the money is at.
Your first sentence is false. NYC is a tier 1 city with arguably the most opportunities in this country. Literally a good percentage of people with degrees working in the sectors in Manhattan and Jersey City are not from this city.
And the ideology of living like sardines is also a over exaggerated statement. Nobody is forcing you to live in Manhattan when there is an entire region consisting of 3 states and great transportation which provides you the option to live in places with more room.
Apartment buildings are being built in masse all over the country.
Cost of living is mostly a myth. All this moving going on throughout the country and yet each year Americans are going more broke. Why arent Americans seeing more money in their bank accounts with all this exodus happening from Cali, NY, Illinois, Maryland, Washington etc?
That is the reality. With all the luxury buildings being built I find it scary people are still using illegals as an excuse.
Why would a property management company build $3,000 a month 1 bedroom apartments in preparation for illegals?
I understand your point of view. Say we were to meet in the middle. You would find that
Pre-pandemic Construction based on analysis and the anticipation of drawing an elite crowd of high earners to N.Y.C.
has crashed and burned as a result of Covid /Quality of Life/Crime/ illegal immigration/ high taxes/ boomers leaving.
The finger points at the government. Liberal ideology created this mess.
Nothing delusional here. Excuses only sugar coat. Stats don't lie.
The country needs to return to old fashioned ideas that worked.
Not perfect ,but heck of a lot better than what's going on now.
Create jobs- push people off the sofas and back to work.
Cost of living is mostly a myth. All this moving going on throughout the country and yet each year Americans are going more broke. Why arent Americans seeing more money in their bank accounts with all this exodus happening from Cali, NY, Illinois, Maryland, Washington etc?
I keep reading, but only here, about large numbers of people fleeing the City.
If this is true than why the steady population INCREASES.
To wit:
Quote:
The current metro area population of New York City in 2023 is 18,937,000, a 0.37% increase from 2022. The metro area population of New York City in 2022 was 18,867,000, a 0.23% increase from 2021.
I keep reading, but only here, about large numbers of people fleeing the City.
If this is true than why the steady population INCREASES.
To wit:
NYC.gov
That literally says Metro Area. One can leave NYC and still be in the metro area. I’m 10 minutes outside of the city and life is demonstrably different.
Too bad this is all false and mostly from delusion. I highly doubt all the luxury buildings being built all throughout the city were made for the "illegals" moving in.
Sure thing buddy.
Luxury buildings are only a tiny amount of the apartments available in NYC. Most apartment buildings are filled with the lower classes and illegal immgrants in crummy walkups or crummy elevator buildings or crummy illegal apartments in dreary neighborhoods. Only about 35% of NYC residents own their own homes. As a rule the homeowner blocks are nicer than the renter blocks.
Private (1-2-3 family) homes by boro:
borough - private homes
MN = 7,202
BX = 64,147
BK= 206,198
QN= 278,254
SI = 109,445 NYC tot = 665,246 private homes containing approx 1,087,182 residential units.
here in bay terrace in queens we have only 3 rental buildings . all the apartment houses one sees are co-op or condo . 2 buildings are in our development and one is a totally differently owned building a few blocks away ,
both here are very nice and have pools .
all 3 are still stabilized but rents are within spitting distance of being destabilized.
ours has pool , tennis courts and gated guard house entry., the other doesn’t.
nyc has few owners relative to renters .
the fact we have so many apartment houses has a totally different economy of scale compared to renting a one family house or in a two family house .
it is magnitudes cheaper in apartment buildings as well as most are stabilized with guaranteed renewal.
you still have stabilized tenants left in co-ops who didn’t buy in the original conversions .
many of these are in fabulous buildings like we owned in 200 central park south …that is the second most desirable co-op in the city and it still has quite a few remaining stabilized tenants
Last edited by mathjak107; 02-24-2023 at 08:03 AM..
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