Has the mayor figured out how to blame Trump yet ?
The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.
There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.
Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.
www.cnbc.com
It is way too expensive to live in nyc. People who worked in nyc but now work from home have moved to places where their salaries go a lot further.
Shuli on the Howard stern show moved to Alabama. With what he makes he’s rich in Alabama. If you can work from home why live in a city where $100,000 a year is not a lot?
And whose fault is that?
You jack up taxes, jack up regulations, jack up housing policy, jack up the police so that crime is everywhere, which increases costs on the city.... and then you say "It's too expensive to live there" as if that just fell out of the sky randomly.
No it didn't. Bad policies caused this.
And by the way, they could have had thousands of well paying jobs in NYC when Amazon built an HQ there, but AOC drove them out. Brilliant.
Hey, if you want to live or do business in ny you have to pay. Otherwise go to Alabama. Use their ports and tear up their roads.
Well that's kind of my point. They are not, and they leaving.
People are leaving NYC. That's the point. This is true everywhere.
When France implemented their wealth tax... they said the same thing. "Hey, if you want to live and do business in France, you have to pay!"
and you know what happened????
Edouard Philippe defended President Emmanuel Macrons' new tax break for the wealthiest, saying it is needed stem the increasing flow of the richest leaving France.
www.dailymail.co.uk
They left! They were packing up their wealthy, their businesses, and their families, and leaving.
Famously in Jamaica, when PM Manly passed all his socialist crap.... he said openly "There are six flights a day to Miami"... and people started taking the flights to Miami. They left.
You can't hurt the rich. Only yourself. It was poor people of Jamaica that end up dealing with the joblessness and high crime.
The rich left.
Same in NYC. The rich are leaving. The poor are stuck jobless, and victimized by the criminals.
So, yes.... they will leave.
Then don’t expect America to be great again. Not if you are middle class. The middle class is struggling big time. Compared to our parents most of you are lower middle class actually.
The middle class is getting smaller. If you are securly in the middle class and doing well and you’re ok with a 20% cut to your social security, vote republican.
If you are going to need your social security, you’re a fool being a republican.
I actually don't believe that America was ever not great. At least thus far. America has never ceased being great.
The only people who think that America has declined, are the fools who have never lived, or been elsewhere, or know people who live elsewhere.
I do. I've been to Europe. I know people who live in Europe right now. And if you think America is not better than Europe, or the rest of the world, you are crazy. You don't know what you are talking about.
People in Europe live lower standards of living, universally. Smaller houses, smaller cars, smaller appliances, less spending money, less entertainment.
There is no possible way to measure the standards of living in the rest of the world, and compare to the US, and not have the US be better.
Why do think we have millions of people trying to get into this country? It's one of the most baffling aspects of Left-wing contradictions, that you want open borders to let people freely come into the country, and at the same time claim the country is declining and everything is terrible, and America is racists and evil.
Those are mutually exclusive positions. People don't risk their lives, to get into places that are terrible.
The middle class is struggling big time. Compared to our parents most of you are lower middle class actually.
No, I don't buy that. You show me one person who walked the exact same path as their parents, and is worse off.
I'm not making the same money as my parents, but that's because I am not in the same career as my parents.
I have relatives, where their parents were wielders. Their son, became a wielder too. Their son is make more money than his parents did, when they were his age.
I know engineers, and they make more money in engineering than their parents who were engineers.
And as far as the standard of living.... no you are still crazy.
My standard of living today, is better than my parents when they were my age. By quite a bit too.
My house is bigger, than the house they had at my age. I have had central air conditioning since I was in college, in 1999. My parents didn't have air conditioning until they were in their late 50s. Microwaves, internet, computers, instapots. My parents didn't have cable TV until they were in their late 50s, and in fact, didn't even own a TV until they were in their late 40s.
I've had all of that, and smart phones, and GPS driving directions, and on and on and on.
We today, are miles and miles beyond where are parents were at the same age. You are crazy if you think otherwise. Absolutely crazy.
The poorest WORKING people today, have a higher standard of living, than the middle class of the 1970s. By a MASSIVE margin.
Now if you are living off welfare and unemployment, and not working consistently full time, then yeah, they are falling way behind, and need to get off their butts, and work for what they want.
But the poorest working people putting in full days work every day.... no they are way beyond where the middle class was in the 1970s, or even 1980s.
The middle class is getting smaller. If you are securly in the middle class and doing well and you’re ok with a 20% cut to your social security, vote republican.
If you are going to need your social security, you’re a fool being a republican.
Social Security was going broke before Trump was even running for office.
You are fool if your retirement plan is to depend on Social Security.
Before any of this Covid nonsense happened, SS was going broke. Before Trump was ever elected, SS paid out so little, that you were basically going to live in poverty until you die, if Social Security was your retirement plan.
Anyone who plans to retire on Social Security is an idiot. You need to be saving for your own retirement out of your own income, like everyone else should be doing.
Social Security is the most poverty creating program in US history. Don't be stupid. Save for retirement.