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To: Tax-chick
It seems to me that it’s quite accurate to observe that new people, including people with money from all parts of the world, will be moving into New York. For example, South America is imploding again.

Housing prices in New York have been falling for a few months, but the cycle will turn as it always does.

I’m not feeling it. Wealthy foreigners want to leave a socialist dystopia to go to another socialist dystopia exactly why?

What we’re seeing is a cycle of self-destruction of a socialist dystopia. We had another one during the Mayoralty of David Dinkins. The cause of this one is more precipitous than that one, and it’s causing a lot of readjustment in response. The internet is enabling those adjustments, and people who don’t have to live in NYC don’t even have to live in commuting distance of NYC.

It’s not a lack of people, it’s a loss of the economic viability which sustains a population.

Democrats talk of being “woke,” but the cultural impact of this dystopian government of NY (city and state) will reverberate for a long time.


47 posted on 08/24/2020 9:33:29 AM PDT by conservatism_IS_compassion (Socialism is cynicism directed towards society and - correspondingly - naivete towards government.)
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To: conservatism_IS_compassion

Compared to Buenos Aires or Caracas, New York is in fine shape.

You might be right, but if I believed in gambling, I would bet on the worlds’ rich people’s deciding they’ll keep NYC in play.


52 posted on 08/24/2020 10:21:56 AM PDT by Tax-chick ("What we can see of God's canvas is laughably small." ~Bp. Barron)
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