511–520 of 1001 posts
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The median individual income in NYC is $34k. In Manhattan, it's $52k. Making 200k puts you in the top 5% of earners in New York City.
That actually blows my mind when I think about the lifestyles I see walking around the West Village every day.
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All over NYC, there are empty buildings and apartments. There's space, but landlords are artificially reducing supply.
Read up on rent control in the 70’s and landlord’s burning down their own buildings to collect insurance. Artificially forcing prices low just reduces supply. But no doubt NYC will head down that path. Seems like all major cities are repeating the policies of the 60’s-80’s that causes populations to drop.
As a middle-middle-class suburban kid, I just couldn't conceive of how the wealthiest city on earth could have sections that looked like a bombed-out and evacuated European city following World War II.
I asked my father what had happened here. He answer was "rent control".
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I feel you here. I'm a relatively new NYC resident and worried that I'll be "ruined" forever. I've otherwise lived in Toronto and Seattle. It really comes down to fear of change I think. Humans are very adaptable, and the same one can thrive in car-centric suburbs as they would in shoulder-to-shoulder metropolises. Given no constraints, you prefer city. But throw in kids (requirement for more space/better schools), o…
> I feel you here. I'm a relatively new NYC resident and worried that I'll be "ruined" forever. I've otherwise lived in Toronto and Seattle. Just out of curiosity, what do you think NYC has that Toronto or Seattle don't have? And what are you thoughts on Toronto vs. Seattle? Personally, I've lived in Toronto (which I loved), and visited Seattle for a few days (which I liked, but hard to say from a short visit), so cu…
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The article is about Manhattan. Do you have any idea if it has similar problems? In my mind, Manhattan is pretty dense.
> In my mind, Manhattan is pretty dense. It can be doing so much better. I get a tad excited reading about 1,000ft supertall's being built, only to sigh when I see it will have a whopping 80 units. I've seen even more ridiculous stuff like a 10 story building with 4 units. There's been a ton of construction in NYC over the last 5 years alone but it seems to be mostly luxury and medium/low density. There are plenty of…
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NYC is generally safer than the rest of America. NH is typically the safest region in the entire country. But the truth is that there are high numbers of relatively rural areas that are substantially more dangerous than NYC. Also, I think that crimes/mile is fairly un-instructive because of how much the legal boundaries of a city shift/as well as the amount that a person will travel in a given location (I live in NYC…
> NYC is generally safer than the rest of America. I don't think that's true: NYC is at 5.8 violent crimes per 1,000, and the national median sits at 4.0. That's 45% more violent than the median. That's not small! I feel like some PR firm must have implanted this idea in everyone's minds that NYC is somehow magically safer, but it's not showing up in the stats, and if the stats are skewed by reporting its almost cert…
Or maybe they're only comparing themselves to Chicago and Rio de Janeiro?
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Because America is built on, and much of it (and not only the historically obvious bits) is still drowning in, racism.
It is not just the racism but also practical facts. There are American cities without a black barber. A given city may lack the food culture or language of some ethnic group. The incredible whiteness of some cities is self-perpetuating.
Housing and land is a non-transable good, and therefore there should be heavy state intervention on it, preferably by doing the same as Vienna, which is holding >40% of the renting stock and charging according to income, and renting to a representative distribution of tenants so to prevent guettos. Rent is the main detractor of disposable income which hurts the rest of the economy, and property owners provide almost…
>Many attempts at public housing failed because they just tried to provide housing for low-income people in separated and/or undesirable areas, with a predictable outcome. So the taxpayers should pay so the people with low income or no income can live iny Manhattan? Why not also provide them with expensive cars and exotic vacations?
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> I like that the city is generally safer than the rest of America. Coming from New Hampshire: this is just fantastically untrue. NYC is about one hundred times more violent than where I live. It is so thoroughly not the same that I can usually tell when people come from cities simply based on how nervous they are. I think most people don't realize how badly it affects them, or how violent cities are versus "the rest…
I had similar thoughts. I live on the west coast and feel so safe that I don't even lock the front door to my house, ever. I wonder if OP feels safe enough to always have their front door unlocked.
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I'm no NIMBY but places like NYC will never be able to build enough to outpace demand.
And yet it works in Tokyo, a city of almost double the population?