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Manhattan rents cross $5k threshold for first time

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Re: Manhattan rents cross $5k threshold for first time

#691

Post by wnolens »

neilparikh wrote: post #502
wnolens wrote: post #468

Earlier quoted context omitted.

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…

They're all great and have something that the other two don't/can't have. I could go on for hours about each. Also this is a very personal/subjective question, so take with a grain of salt:

Toronto: It's Canada. Culture is different than the US. My friends and family are here. Since it's where I formed my personality, I like the people here way more. It's the only place I experience uncontrollable laughter in reaction to what someone said. The inner city is very cool without feeling like some over-discovered instagram location. In NYC every half decent bar or restaurant is packed with a lineup and costs 2x. Transit is okay, not great. But I hate Canadian suburbs, so to me the GTA is not hospitable (for me) outside of the rectangle of Humber river to Don Valley, waterfront to Eglinton. And income to cost of living ratio is so much lower compared to tech in the US, it's like.. minimum 10+ years of working life lower.

Seattle: A true gem of a place. Not overcrowded (yet, despite what people there say). Great music, bars, restaurants etc. You can get from middle of "city" to middle of wilderness in 1.5-2h, and be literally in a national geographic photo. Insane income:cost of living ratio (only slightly lower income than Bay/NYC, but cost of living significantly less). Transit okay, getting better, but not too useful inside the city. But it's a very monocultural place. So unless you find your "people" here, it can be quite boring/exclusive. I fraternized widely, but ultimately was left wanting for more socially. Also far-left politics are central to social culture here, so it's quite literally not a "safe space" to be anything but. I'm more of an "east-cost person", if that makes any sense.

NYC: One of a kind place in North America. Feels like you truly live _in_ the city, not just in your house/apartment with necessary excursions. It can be overwhelming with how many people there are and how densely they live, but to me that's something special. Cost of living is insane, but it doesn't buy you nothing. Subway system can feel archaic and let's you down often, but it also enables a special way of life for North America (car-less existence, a fixed 30 or 50 min ride from almost anywhere you'd need to go). A lot of double edged swords. The diversity of people is eye-opening. Toronto can feel more ethnically diverse - which is interesting in it's own way - but NYC is diverse in every other way too. I'm quite worried about having kids in NYC someday. From what I hear the school system is ruthless. I don't want my kids to undergo such stress. I think Toronto wins out huge for raising children.

Anyway.. bit of a ramble.

Re: Manhattan rents cross $5k threshold for first time

#692

Post by [deleted] »

ctvo wrote: post #390

The problem for me, as a long time NYC resident, is that there's no other place in America I want to live even with work from home as a possibility. I like mass transit. I like not owning a car. I like that the city is generally safer than the rest of America. I like that it's the center for tech on the east coast, the arts for the entire country, and finance for most of the world. I like that we generally get along…

[deleted]

Re: Manhattan rents cross $5k threshold for first time

#693

Post by yieldcrv »

ctvo wrote: post #390

The problem for me, as a long time NYC resident, is that there's no other place in America I want to live even with work from home as a possibility. I like mass transit. I like not owning a car. I like that the city is generally safer than the rest of America. I like that it's the center for tech on the east coast, the arts for the entire country, and finance for most of the world. I like that we generally get along…

You and everyone else buddy, that's why you're going to be priced out just like the people before you.

It's nice you enjoyed your ride from $2,000/month to $5,000/month. That range was absurd to the people that went through an earlier range, and so on and so forth.

Re: Manhattan rents cross $5k threshold for first time

#694

Post by pixl97 »

bufferoverflow wrote: post #678
lancesells wrote: post #668

Earlier quoted context omitted.

> NYC gave up on violent crime. It's Democrat's policy. Could you explain that? Crime is trending down in NYC over the last 20 years. https://www1.nyc.gov/assets/nypd/downloads/pdf/analysis_and_...

Even according to this, murder and manslaughter is significantly up in the last 2 years. But you're also ignoring the fact that in other parts of the country these crime rates are 1-10% of these numbers. NYC could be much safer, if the right policies were applied.

Isn't manslaughter up all across the US in the last 2 years... attempting to use a pandemic as a stat and then say it's a trend is on the border of unethical.

Re: Manhattan rents cross $5k threshold for first time

#695

Post by 7steps2much »

kortilla wrote: post #551
spaniard89277 wrote: post #36

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…

> Rent is the main detractor of disposable income which hurts the rest of the economy, and property owners provide almost no value, Have you considered that housing might actually be valuable? If it didn’t provide value, why do you think that Vienna seized so much of it to give out to its citizens? Maybe try to find a different way to phrase whatever you’re trying to say. Assuming you’re referring to property owners…

> Let me ask you another question. What do people do who are not happy with the housing provided by the govt in Vienna?

Rent from another landlord mostly. Vienna has close to two million people (give or take some), however only around 500.000 of those live in buildings owned by the city [0]. Those are 1800 buildings by the way, definitely a lot but not unbelievably massive.

Compared to some private companies, such as Vonovia the city of Vienna is just another big player, but by no means massive enough to actually be a monopoly or anything.

It is true that they of course hold a lot of the supply in Vienna itself, housing a quarter of the population, but that still leaves three quarters not living in any of those buildings. It's easy enough to not live in apartments owned by the city if you don't want to.

[0]: www.wienerwohnen.at/wiener-gemeindebau/wiener-gemeindebau-heute.html (Source in German)

Re: Manhattan rents cross $5k threshold for first time

#696

Post by feet »

macksd wrote: post #309
feet wrote: post #194

Earlier quoted context omitted.

I think it might help to find out the definitions of terms before assuming the statement is wrong

Can you help me with the definition, then? I can't find that word in any of my dictionaries and search engines are suggesting I mean "non-transferable" which is not a property of land in NYC. Unless there's a definition, saying that this property calls for heavy state intervention is indeed a bold claim.

I never stated that they were correct or made any comment on the substance of the original post. I criticized the criticism as being poorly formed

Asking the original poster for clarification of terms would be the move before assuming something

Re: Manhattan rents cross $5k threshold for first time

#697

Post by namose »

neon_electro wrote: post #465
SkipperCat wrote: post #430

Earlier quoted context omitted.

I live in Brooklyn and feel the same way. Even if you discount all the empty luxury apartments held by foreigners who never show up, there are still tons of people who want to move here. Why?, because when you have all these people crammed together - weird stuff happens and that's what makes NYC magical. We're constantly mixing together, in the subways, bars, restaurant, parks ,etc. You get to see firsthand all the h…

I won't argue/disagree with you as far as NYC's comparably higher degree of what you describe, but having lived in Philadelphia's core, there's plenty of the mixing magic happening in other cities, but it's definitely not "the same".

Philly is also probably the closest approximation to NYC in this way. Most other cities in the US are so segregated that wealthier neighborhoods feel like suburbs (looking at DC and Boston here).

Re: Manhattan rents cross $5k threshold for first time

#698

Post by feet »

abduhl wrote: post #305
feet wrote: post #219

Earlier quoted context omitted.

And the person I'm replying to, in the order of their statements and questions, first assumes that it is a bold claim and after that decides they don't understand the statement they're replying to. It's backwards

It's not backwards. Calling housing and land an X and saying that this means it should have heavy state intervention IS a bold claim regardless of what X is because it's calling for heavy state intervention. Compare: "Abortion is a non-transable good and therefore there should be heavy state intervention in it." "Video games are non-transable goods and so there should be heavy state intervention in it." "Cryptography…

I think you missed the point I was making

Re: Manhattan rents cross $5k threshold for first time

#699

Post by lancesells »

orange_joe wrote: post #475
simonsarris wrote: post #436

Earlier quoted context omitted.

> 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…

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…

I don't agree with being generally safer but NYC is pretty safe. The United States is pretty safe. A lot of the world is pretty safe.

In terms of homicides though the US is less safe than Pakistan, India, Iran and Egpyt and other big countries.

Re: Manhattan rents cross $5k threshold for first time

#700

Post by speakfreely »

_dain_ wrote: post #584
jeffbee wrote: post #543

Earlier quoted context omitted.

There isn't anywhere near enough space in this box to answer the question "What is wrong with white people" and that isn't my purpose here. I'm trying to tell you why there are non-obvious reasons why people don't just immediately move to Lincoln, Nebraska, when the rents change in Manhattan. It's because there aren't any Persian restaurants, or whatever people view as an amenity.

But you do think there is something wrong with white people? You actually do think there's something wrong with me, on account of the colour of my skin?

You're not going to have any more luck reasoning with them than a black person would have trying to reason with a klan member. If you've decided you hate people because of the color of their skin, no online discourse is going to change your mind.
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