Entrepreneur: New York City is Dead and It’s Not Coming Back

Summit News ^ | 8/21/20

[Texas_Guy]

Me too. I won’t buy until I’m sure the house is my last one. I’ve seen too many of my friends and family get hosed buying a house because they felt they were just supposed to do it

[Dawgreg]

Unfortunately, the typical New Yorker that moves down to Florida remains a loyal democrat and keeps voting for the same type politicians that ruined New York.

I saw this guy the other day and I have to believe what you said just might be true........sigh

[knarf]

[NorthWoody]

Yes, one, this one, wondered that immediately when I heard the speech remained coherent.

It reminds one of the major medical interference that was being run for Hillary four years ago.

We’ll see if they have to fling Joe into a van like a sack of potatoes at some point, the way they did Hillary. At least he doesn’t have a nurse and a big dude with a strange, unexplained device in his hand next to him at all times.

[ConservativeDude]

well said

[Dr. Sivana]

so....the seats at Yankee Stadium will STAY empty?

From Understanding Media:

"The wide appeal of the games of recent times –the popular sports of baseball and football and ice hockey– seen as outer models of inner psychological life, become understandable. As models, they are collective rather than private dramatizations of inner life. Like our vernacular tongues, all games are media of interpersonal communication, and they could have neither existence nor meaning except as extensions of our immediate inner lives. If we take a tennis racket in hand, or thirteen playing cards, we consent to being a part of a dynamic mechanism in an artificially contrived situation. Is this not the reason we enjoy those games most that mimic other situations in our work and social lives? Do not our favorite games provide a release from the monopolistic tyranny of the social machine? In a word, does not Aristotle’s idea of drama as a mimetic reenactment and relief from our besetting pressures apply perfectly to all kinds of games and dance and fun? For fun or games to be welcome, they must convey an echo of workaday life. On the other hand, a man or society without games is one sunk in the zombie trance of the automation. Art and games enable us to stand aside from the material pressures of routine and convention, observing and questioning. Games as popular art forms offer to all an immediate means of participation in the full life of a society, such as no single role or job can offer to any man. Hence the contradiction in “professional” sport. When the games door opening into the free life leads into a merely specialist job, everybody senses an incongruity.

[ . . . ]

"It is the inclusive mesh of the TV image, in particular, that spells for a while, at least, the doom of baseball. For baseball is a game of one-thing-at-a-time, fixed positions and visibly delegated specialist jobs such as belonged to the now passing mechanical age, with is fragmented tasks and its staff and line in management organization. TV, as the very image of the new corporate and participant ways of electric living, fosters habits of unified awareness and social interdependence that alienate us from the peculiar style of baseball, with its specialist and positional stress. When cultures change, so do games. Baseball, that had become the elegant abstract image of an industrial society living by split-second timing, has in the new TV decade lost its psychic and social relevance for our new way of life. The ball game has been dislodged from the social center and and been conveyed to the periphery of American life.

In contrast, American football is nonpositional, and any or all of the players can switch to any role during play. It is, therefore, a game that at the present is supplanting baseball in general acceptance."

So, in a word . . . YES.

[commish]

It's worth noting that $7,000/year in property taxes might be a great bargain if you have school-age kids an you're living in a good public school district. In there area where I live, people are willing to pay $15,000+ per year in property taxes in towns where they see the public schools as comparable to top private schools that would cost far more than that.

I feel you on that one. We live in central Alabama -- Property tax on our 2000 Sq Ft home is $597 a year -- and the school system here reflects that.

We have LOW taxes but pay $8500 a year for our grand-daughter to attend private school.

[upchuck]

Small town rural.............THE BEST!

Having lived all my life in subdivisions, I retired to Aiken County, SC. I'm living out in the country in a pine forest with some land and a smallish house.

Can't be beat!!

[Bernard]

As long as the employer maintains an office presence in NYC, there is a commuter tax provision that makes the employer upgrades ages subject to New York state income rax. Once the employer explodes or relocates that office out of the state does the tekecommuter tax revert to normal? That’s when the financial meltdown starts for NYC.

As all of this starts to flow through the system, expect Congress to start coming up.with economic relief measures to complicate the corona virus kegislation.

[Richard Kimball]

I think I figured out what the rats are trying to do. Destroy the cities and then buy up all the real estate on pennies to the dollar.

If Detroit is any indication, they're playing the REAL long game. Dropped from 2 million people to 800,000, and last I heard, they were talking about bulldozing entire neighborhoods and turning them back into farm land.

[Richard Kimball]

Limbaugh is from Missouri. He went to New York for the radio show.

Confession that is very difficult, though. Three of the four worst presidents of my lifetime were from my home state, Texas. LBJ, GHWB and GWB. The best was from New York, DJT.

[SamAdams76]

I work in NYC and I'm beginning to see the sea change already. Even if the pandemic disappeared tomorrow, I think the genie is out of the bottle now that corporations realize they can save a bundle of cash having their employees work remotely.

We have 10x the Internet bandwidth we had just a few years ago. Since March 13 (my last regular day in the city), I've spent most of my time working out of my home. My internet here is even faster than what I had in the office and the Zoom meeting technology brings clients and co-workers right into my home with high quality video and audio.

Ten years ago, trying to work like this would have been a very clunky affair.

So looks like the Dem mayors and governors shot themselves in the foot. They were quick to shut the cities down, in order to hurt Trump's re-election chances. Now they are going to find out that many of the employers - that pay most of their taxes - are never coming back.

Will be very interesting to see where this goes.

[cgbg]

You bring up a key point—particularly for retired folks with a paid off mortgage, property taxes can be the largest single expense.

It is _critical_ to buy a home where the property taxes are not that high—and (more difficult) where they are likely to stay low for the long term.

[DoughtyOne]

One other thought is this. Was that really live, or did
Biden and team produce it over five days?

[cuban leaf]

My wife are expecting to retire pretty much on nothing but SS. It’s why it’s imperative that the place be paid off - and the tax is so low.