Replies

To: ChicagoConservative27

Rome (Italy) wasn't depopulated in a year -- it took more than 200 years.

Compared to Rome (Italy), New York City is well ahead of schedule!

NJ Transit predicts ridership will have bounced back to 90% of pre-pandemic levels by fiscal year 2025

(NYC commuters earn roughly 150% of the average NYC resident, pay a lot of taxes, and can't vote there. It was a great deal -- for NYC!)

So why are NYC rents UP? My guess is that there hasn't been a lot of new construction during the pandemic, but some people are returning and there are a lot of much worse places in the world - Ukraine and Russia come to immediate mind - so it will still attract people. Legally and illegally.)

23 posted on 04/11/2022 6:13:22 PM PDT by Sooth2222 (“Toute nation a le gouvernement qu’elle mérite.” ("Every nation has the government it deserves.”) )

Don’t forget the 2 yr long eviction moratorium. A lot of small landlords sold and got out of the business thus lowering the vacancy rate.

25 posted on 04/11/2022 6:20:05 PM PDT by AbolishCSEU (Amount of "child" support paid is inversely proportionate to mother's actual parenting of children)

Rents are up to recover the lost money when people did not have to pay rent.

32 posted on 04/12/2022 10:20:04 PM PDT by minnesota_bound (Need more money to buy gas)

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