Live data from Hacker News

Americans are rethinking where they want to live

economist.com

201–210 of 645 posts

Re: Americans are rethinking where they want to live

#201

It bodes poorly for the environment if people are increasingly moving from denser cities to sprawling suburbs. This is in many ways a self-inflicted problem of high-cost cities, but it should be a national priority to reverse this trend.

It's always crazy to hear that suburbs are cheaper. Dense living inherently requires less infrastructure and less transportation, so it should be considerably cheaper. It's only through the subsidisation of suburbia and the low supply/high demand of high density urban areas that this is the case. Car centric suburbs aren't just terrible for the environment, terrible for safety and terrible for transportation; they're…

Building a high-rise condominium downtown will always be more costly and expensive than a plot of single-family homes in the 'burbs. Car travel is only getting cheaper in the suburbs with solar and EVs, while subways and trolleys are getting more and more expensive to build in big cities.

Re: Americans are rethinking where they want to live

#202
post #101

Earlier quoted context omitted.

I was, several times, beginning with ~ 1982 till a few years ago. I lived in that region for a while and in US for a while. What is the point of the question, to argue it is not that bad, an ad hominem or a red herring?

Surely, you could provide some photographic evidence (own or other sources) that prove your comparisons then?

This is trolling. You don't compare pictures (pixel level?) to describe similarities between places.

Re: Americans are rethinking where they want to live

#203

Earlier quoted context omitted.

>if we drop our household income, we start to qualify for subsidies Yuck

I've paid quite a bit in taxes over the years, should I not be allowed to extract value from them when I'm no longer earning enough to cover my basic expenses (especially expenses like health care???)

The point of a social safety net is catch people falling through the cracks that are unable to support themselves. Using social safety programs when you are able bodied leaves less for those that are unable to do so

Re: Americans are rethinking where they want to live

#204

I've heard this brought up as a kind of second round of white flight. The middle- and upper-class (primarily) white population is once again moving out of urban centers because telecommuting is something that these high-salary jobs afford them. I think it will rebound a bit (but not much), as moving from urban to suburban is a very difficult transition, but its even harder going the other way once you've adjusted. I…

> and live off a VERY modest retirement (WELL under a million saved/invested) for the next 40 years Do you mind sharing how much? I'm curious why most people seem to think $1M is somehow not enough money to retire modestly on. If previous trends continue, you could easily live on >$4K after taxes per month indefinitely. That's almost 50% higher than median wage (after taxes). Median wage = ~$41,000. Even with $0 stat…

The person who accumulated $1M (above real estate equity) likely did so by having a larger than median income over their working life (and likely has an associated higher expense profile).

For me, I think a 4% safe-withdraw-rate feels about right. Some argue for 3.5%. Others for 5 or 6%. Each of those has an impact on the cashflow in retirement, but $1M is probably not going to provide a replacement income for the typical folks who accumulated $1M. (Median household income in my state is $87K/yr before taxes.)

https://www.statista.com/statistics/233170/median-household-...

Re: Americans are rethinking where they want to live

#205
post #88

My family and I decided to stay on the north side of Chicago, a very high cost of living location, despite no longer needing to head downtown every day for work. Why not move outside of Chicago where our cost living would be substantially lower? * We wanted to keep our kids in the same school, which is walking distance. * We like being walking distance to the grocery store, doctor's offices, etc. * Our kids can walk…

Chicago, and the rest of Illinois, is in the middle of an ongoing fiscal crisis with no clear path to a solution. Will you continue to stay while taxes increase and government services decrease?

At least for me, still way way cheaper than the coasts so no plans on leaving yet.

Re: Americans are rethinking where they want to live

#206
post #68

Earlier quoted context omitted.

Many like you are buying up lake-front properties in rural places. I recommend it, playing farmer-cowboy-houseboateer in Kentucky/Tennessee is a magnitude cheaper than out west, even if you fail, you are out less money than simply living elsewhere.

I'm currently in the process of buying my wife's grandpa's house in rural Louisiana. It isn't on a lot of land (only 1.5 acres), but he's selling it to us "at cost" and that was how much it cost him to build it 20 years ago. We haven't decided if we want to live there full time and give up all the niceties we currently enjoy (a target within 10 minutes vs 2.5 hours, every type of ethnic food you can imagine, etc)., b…

>every type of ethnic food you can imagine

I know it's hard to believe, but the only difference between a major metropolis and bum-fuck nowhere is the lack of ethnic food, and less stressful traffic.

Almost all modern-niceties have been commodified to even the outer regions of the hills.

Re: Americans are rethinking where they want to live

#207
post #185

Earlier quoted context omitted.

FBI crime stats for Minneapolis proper don't look that much higher than the last 20 years, and considering that the metro population has almost doubled since 1990 you have to discount them per-capita. Are you sure it's not just that you are reading too much Nextdoor?

https://www.mprnews.org/story/2021/07/27/violent-crime-surge... https://www.axios.com/local/twin-cities/2021/12/09/st-paul-h...

Homicides I tend to discount because homicide victims aren't randomly selected. Anyway this is right in line with what I just said; saying that a rapidly-growing metro exceeded a nominal crime stat from 26 years ago is not that meaningful.

Robberies are something I do watch because the victims are pretty much random.

Re: Americans are rethinking where they want to live

#208

Visit Texas or Florida first. I've lived in Texas and visited Florida many times. I've also visited San Jose. TX and FL are hell compared to CA. I don't care for CA either, but that's because of cultural (coastal) differences. The NorthEast is heaven on Earth.

Can you elaborate why you like the Northeast? I'm thinking of spending a few years in Boston.

Re: Americans are rethinking where they want to live

#209
If people on HN really want the urban life style to make any sense in America they need to start tackling the mental health / homeless problem.

They talk about "the environment" but no one wants to talk about how my wife has to dodge human feces getting on and off public transportation.

"It's just part of living in a vibrant city".... Give me a break.

Re: Americans are rethinking where they want to live

#210
post #6

COL/SOL in California is appalling. SOL continues to degrade here to the point where certain parts of Bay Are (Oakland, Hayward) look more like Syria than first world nation. Trash is everywhere, even in nicer neighborhoods. Not a single park here in East Bay without encountering a homeless person. And, then I meet people here that continue to defend 1) Food is amazing 2) SF sucks! Oakland is the best place ever 3) W…

Could you dig up sources on that? Not challenging you, but as an Angeleno I've always believed this to be true myself. Curious what may actually be happening.

In LA, 20% of our homeless population last year came from out of state and another 2% from out of country. See slide 24 at [1]. People like to downplay this as “only 20%” which is ridiculous. 20% is a huge portion. As always, though, lack of affordable housing and true social safety nets are the biggest drivers by far.

[1] https://www.lahsa.org/news?article=726-2020-greater-los-ange...

Post reply on HN