Posted on 08/02/2020 7:37:49 PM PDT by Beave Meister
New York is faced with swelling budget holes as a result of the coronavirus pandemic, and the state’s governor is concerned the state's financial situation may get worse if the city’s wealthiest taxpayers leave for good.
This week, the state’s Democratic governor Andrew Cuomo voiced concern that the longer work-from-home policies are in place, the less likely it is that people who have left the city will return.
“In the old days we used to talk about people leaving Manhattan if the situation got bad, if taxes went up, if quality of life deteriorated,” Cuomo said on a call with reporters Thursday. “They left. They left because of COVID.”
Many wealthy individuals abandoned Manhattan for nearby suburbs, or other states entirely, to escape the densely-populated metro as it became an epicenter of the virus outbreak earlier this spring.
Moving executives told FOX Business that the exodus from New York City during the past few months has been “insane.”
Roadway Moving President Ross Sapir, for example, told FOX Business that people are moving out of Manhattan in numbers he has “never seen before,” as his company deals with its busiest season since its 2008 inception.
And many of the residents who have left belong to higher-income brackets. United Van Lines CEO Marc Rogers told FOX Business that the majority of residents moving out of Manhattan, 61 percent, are earning over $100,000.
(Excerpt) Read more at foxbusiness.com ...
...... And don’t forget not allowing doctors to prescribe hydroxychloroquine
Yet with the middle class and higher American-born leaving, the city voter base is getting even more leftist and more likely to re-elect s/him. They have the votes now to embrace 100% socialism at the city level, even print their own currency to solve all their problems. While socialism enables the crappiest to rise to the top, there are reasons socialism doesn't last very long at just the city level. But there's still enough time to loot the sinking ship and prepare an overseas escape plan for the soon-to-be rich leaders. Swiss banks love the socialist end state.
Like what finally happened to Detroit, this time may be different. When the socialists are in charge of vote counting, the only voting that matters is with two feet. Like migrating locusts, half of current NYC residents moved there from far away. Only the worst of the worst can't move again.
>> I am disgusted
He’s disgusting — it’s just something you’re aware of.
Everything this mental-midget does is a disaster. He and DeBlasio must have been spawned by the same diseased prostitute.
Unless they are masochists, why would they?
A sweet, human, story!
Humans haven’t changed much in 3000 years, and the Dem/commie/media won’t succeed at changing them.
” he city voter base is getting even more leftist and more likely to re-elect s/him. “
Great insight!
It pays to “burn the village down to save it” for DeBlasio.
“...city voter base getting more leftist...”
Exactly. I told my husband a few days ago that this will happen - the socialist mayor and governor will get reelected because of demographics. The millions who want freebies are left and will vote communist. They will disenfranchise the rest of the state as well and so the governor will remain communist/socialist.
My two daughters and their families are getting out of Brooklyn; all of their friends are leaving as fast as possible.
“These jobs are goin’ boys,
An they aren’t coming back.”
To your hometown.
NYC is a dying city, just like Seattle. NYC has mile after mile of empty buildings. The loss of industry, business and jobs is a progessive disease. Another delightful result od progressivism.
“Yep. If they kept it to 2-4 weeks people would probably move back, then they realized they could use it against Trump and now realize they messed up.”
LOL. I guess they forgot that most people live in the real world and aren’t willing to move around, to sell their homes and buy a new one, at the drop of a hat.
What drew affluent people to want to live in NYC?
Night clubs, great restaurants, museums, plays, concerts, being able to network with other rich people at cocktail parties -— all of which are now shut down.
Why live in NYC?
There are probably thousands of similar stories with people changing their lives to help family members survive this bs!
Not just the high end taxpayers.
Here’s an interesting little factoid from Upstate: An Upstate owner of an existing $200,000 to $300,000 home can pay thousands more annually in property tax than the owner if an existing $3,000,000 home on Long Island.
In my neck of the woods, the middle class are bugging out, too.
Yeah, and most of them have no relation to tax/other policies of governments.
People love.. more than they ‘think’.
Law of unintended consequences. Eat it Cuomo!
Here’s hoping that if they were smart enough to become wealthy and smart enough to fell NYC that they are smart enough to leave their liberal politics behind.
The economic situation in New York is not likely to improve given the tax and regulatory environment and the bonehead social policies of the current rulers. So why would they want to return?
It takes a $100K income just to live modestly in (most of) Manhattan.
The wealthy fleeing, most bringing along the unfortunate voting habits that ruined the city and will eventually ruin their new neighborhoods.
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