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The changing face of post-pandemic New York City

osc.ny.gov

31–40 of 391 posts

Re: The changing face of post-pandemic New York City

#31
post #24
post #12

I live in NYC. The problem is that there’s literally 0 housing. That’s it. Literally so many people want to move here, but you look on all of streeteasy on a given day and there’s like 500 apartments. In a city of millions. Sure you can pay more and get something. But it used to be that you traded a lot of quality of life (in unit washer dryer, dishwasher, ac, no walkups, cars, space, etc) for a lower price and the s…

This would make sense if the population growth was increasing but at a slower rate. But, the population is actively declining. Somehow, 5.3% of people went from having housing to leaving, so I don’t think housing is the only story here.

> This would make sense if the population growth was increasing but at a slower rate. But, the population is actively declining. Somehow, 5.3% of people went from having housing to leaving, so I don’t think housing is the only story here.

Yes, when your rent goes up 10-20% YoY and you simultaneously lose some or all of your income, you tend to leave.

A lot of people left NYC in the last few years because they could not afford it, with housing being both the main expense and also the one that has increased the most in the last few years.

Re: The changing face of post-pandemic New York City

#32
post #12

I live in NYC. The problem is that there’s literally 0 housing. That’s it. Literally so many people want to move here, but you look on all of streeteasy on a given day and there’s like 500 apartments. In a city of millions. Sure you can pay more and get something. But it used to be that you traded a lot of quality of life (in unit washer dryer, dishwasher, ac, no walkups, cars, space, etc) for a lower price and the s…

>I live in NYC. The problem is that there’s literally 0 housing. That’s it.

>Literally so many people want to move here, but you look on all of streeteasy on a given day and there’s like 500 apartments. In a cities of millions.

I'm currently in my mid-30's. Throughout all of my 20's, I thought it would be a blast to live in NYC. Then I had a good stretch where I visited it a whole bunch of times, hanging out with friends and family who lived there, and you know what I noticed? Unless you were an older family member who owned a home/apartment, every younger person was renting and the topic of conversation among locals, both locals who knew each other and locals who just met one another, was about where they're living, how much their rent is, what kind of battle they had to go through to get the place, what kind of battles their friends went through to get their places, and then they'd compare the different amenities they had or didn't have. I watched these same conversations - some of which were told like war stories - play out again and again and again and again.

Then, you get into the whole issue of bed bugs, how prevalent they are in NYC and how much of a nightmare it is to deal with them, and you realize that life in NYC is largely spent just trying to figure out how to have a place to live, and it suddenly feels incredibly stupid to bother to try and move there. The nightlife and entertainment and culture, as cool as they are, just aren't worth it if you're constantly hassling with such a basic need.

But that's just me. /shrug

Re: The changing face of post-pandemic New York City

#33
post #26

Earlier quoted context omitted.

Only around 0.4% of the city's population died of COVID, as of March 2023.

That's crazy high isn't it? That's 1 out of 250 people!

Still, over three years around 1 out of 40 die of other causes.

Re: The changing face of post-pandemic New York City

#34

Earlier quoted context omitted.

Mostly. People leaving Florida typically end up in Georgia or the Carolinas. > For example, most people moving to Florida moved from New York, the fourth largest state in population and a longstanding origin of Florida-bound movers. https://www.clickorlando.com/news/local/2023/07/04/florida-i... https://www.census.gov/library/stories/2023/06/state-to-stat...

About twice as many people moved from NYC to CT/PA/NJ as moved to Florida -- which makes sense given that the people moving out are generally poorer than average and long-distance moves are expensive.

And they probably don't want to leave the area. It's difficult to leave a network (familial or professional) behind. I'd love to know how many people who made that move made it to start a family.

Re: The changing face of post-pandemic New York City

#35
post #12

I live in NYC. The problem is that there’s literally 0 housing. That’s it. Literally so many people want to move here, but you look on all of streeteasy on a given day and there’s like 500 apartments. In a city of millions. Sure you can pay more and get something. But it used to be that you traded a lot of quality of life (in unit washer dryer, dishwasher, ac, no walkups, cars, space, etc) for a lower price and the s…

> It’s still great. I’ve been to NYC many times and have friends in their late 30s that live there. The ones that live there say the same (“it’s great”) but never elaborate. From the outside, it honestly looks like a dirty, difficult, chaotic city. Many restaurants, but all seem to be copy+paste coffee shop, Italian, etc or very low quality cafe/deli. Coming from the Midwest, it feels very old, dirty and poor yet som…

Dirty and poor compared to what?

Re: The changing face of post-pandemic New York City

#36

Cities are amazingly resilient and it feels like every generation has a moment in which the city largest and most local to them is having a revival. Seems most large metros are going through some post-COVID pains: Increase in crime, extreme high cost of living, etc. New York will, like always, come back. But! The benefit to our mid size cities is great. We need these mid size cities to grow, and from my understanding…

The "resilience" argument was misused and misapplied during the pandemic. You also saw it used for school closures -- "kids are resilient". It seems to justify inflicting known harms by having faith in "resilience".

Re: The changing face of post-pandemic New York City

#37
post #12

I live in NYC. The problem is that there’s literally 0 housing. That’s it. Literally so many people want to move here, but you look on all of streeteasy on a given day and there’s like 500 apartments. In a city of millions. Sure you can pay more and get something. But it used to be that you traded a lot of quality of life (in unit washer dryer, dishwasher, ac, no walkups, cars, space, etc) for a lower price and the s…

1. Most people rent not buy in NYC. There are plenty of rentals.

2. I’m in the market to buy, and I’ve been able to make bids below asking so I’m not sure demand is as high as you’d suggest.

Re: The changing face of post-pandemic New York City

#38
post #12

I live in NYC. The problem is that there’s literally 0 housing. That’s it. Literally so many people want to move here, but you look on all of streeteasy on a given day and there’s like 500 apartments. In a city of millions. Sure you can pay more and get something. But it used to be that you traded a lot of quality of life (in unit washer dryer, dishwasher, ac, no walkups, cars, space, etc) for a lower price and the s…

Interesting, is the housing supply decreasing at all, or are those houses sitting empty for long?

If those houses are sitting empty for weeks then maybe there's going to be a bit of a correction (hard to imagine rent ever going down in NY though).

If those houses aren't sitting empty for long, then maybe NY is going through a lot of churn. Will be interesting to see how NY changes over the next few years.

Re: The changing face of post-pandemic New York City

#39

Cities are amazingly resilient and it feels like every generation has a moment in which the city largest and most local to them is having a revival. Seems most large metros are going through some post-COVID pains: Increase in crime, extreme high cost of living, etc. New York will, like always, come back. But! The benefit to our mid size cities is great. We need these mid size cities to grow, and from my understanding…

Not sure "we" is, but I think the people who have had to uproot their entire lives because of poor leadership, would rather the poor leadership leave.
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