New York City is edging toward financial disaster, experts warn

[southern.girl]

Bookmarking

 

[tremonthustler1]

and don't make your way up to the BX either. We gettin more reckless and we're experienced at arson.

 

[Cave Savage]

I live near what they call the "East Atlanta Village" in Atlanta near downtown. You might as well call the shyt "hipster village" for all the hipsters that walk around and live here. Every other shop is a coffee shop or some Korean cafeteria. They are driving the price of rent way up from what i see. I could rent my house and get twice the mortgage. So i can only imagine the effects the same thing is having in an expensive place like NY

Yeah that's basically what happening in a lot of New York.

I hang out in Bushwick, Brooklyn (hipster capital of NYC) a lot and there are tons of bars and restaurants opening up. Which I appreciate because I like food and drinking, but I understand that long term it's not sustainable. Eventually it might be a more sterile kind of neighborhood if it gentrifies too much.

 

[Wild self]

Yeah that's basically what happening in a lot of New York.

I hang out in Bushwick, Brooklyn (hipster capital of NYC) a lot and there are tons of bars and restaurants opening up. Which I appreciate because I like food and drinking, but I understand that long term it's not sustainable. Eventually it might be a more sterile kind of neighborhood if it gentrifies too much.

Basically, made for young white people that dont plan on having kids. Its like College after College, on some F*R*I*E*N*D*S bullshyt

 

[Serious]

Facts. If you're used to living a specific lifestyle and surroundings, it's not worth it. Too much of an adjustment and being way down south is not always the wave if you're coming from a major city. People moving all casual and nonchalant.. lol. I need access, location and the ability to do things on my time 24/7.

 

[Wild self]

I don't mind apartment living at all, but I sure do not want to live with roommates. I totally see why someone would want more space, but personally I value convenience and proximity to amenities over everything.

These hipsters are really out here living like Mexicans

How can any grown man SHARE A ROOM AND BED with another grown man?

 

[Black Trash!]

Happening in Phoenix to

and I can guarantee not even half of the apartments will be filled. Some people think it might due to the Downtown ASU branch. But its not that big of a branch to warrant these apartment buildings.

U not lying
I’m in Phoenix and I see the same shyt

Phoenix downtown Ian fukking dead...even Detroit’s is more popping because they got a casino

It doesn’t make sense

They got this hipster apartment literally next door to a rehab center with free yoga in Thursday’s on 19th and Camelback

 

[BaltimoreTwilightMarauder]

Don't worry guys, socialist Alexandria Ocasio Cortez is on the case. Spend without having money, brehs.

 

[Nicole0416_718_929_646212]

How can any grown man SHARE A ROOM AND BED with another grown man?

 

[Kings County]

then they leave to florida

taxing the rich doesnt even solve this countrys budget problem. this place is fukked

lol how people who work in the business sectors of ny gonna move to florida goofy lol

 

[Wild self]

That what these landlords want. Grown men sharing a damn room and charging out the ass.

 

[IsThatBrothaMouzone?]

Almost every major city I’ve been to recently had upscale fancy apartments being built near their downtown areas, I just kept asking myself who are all the people moving into these places. Especially here in Dallas.

And the "upscale" apartments all look the same. My rent didn't increase this year, so I know some shyt is coming down the pipeline.

The luxury thing makes sense though because the costs for a developer might be 10% higher than building a more downscale/regular property but the rents collected could be 50% higher. Like if SuperFancy Apartments required $20 million to build while Regluh Apartments cost $18 million.......but I can charge $1,800/month for a 1-br at SuperFancy but only $1,000/month at Regluh.

Problem is that the market is over-saturated with high-end/luxury everything. The profit margins are better, but the demand just isn't there.

 

[the cac mamba]

lol how people who work in the business sectors of ny gonna move to florida goofy lol

they already are cuomo was bytching about it the other day. no one is gonna sit still if you start talking about taking 60 percent of their money to pay for bullshyt ass programs


https://www.investors.com/politics/editorials/cuomos-budget-rich-high-taxes/

Leaving New York
Last year, the study said, 61.5% of New York movers left the state; just 38.5% moved in. Among those who left, 41% earned $150,000 or more. Just 8.4% earned less than $50,000.

 

[Dad]

nikkas sharing a one bedroom apt with 3 roommates, and all of a sudden they’re Stephen Ross.

 

[Mantis Toboggan M.D.]

For the life of me I cannot understand why people don't realize that no one wants to live in West Bumblefukk, Red State as opposed to New York City

I just got back from Orlando two weeks ago...fukking everything closes at like 8 except Inner Room and the only place to get groceries is Wal-Mart and shyt

Get the fukk outta here

there’s plenty of places go to eat and drink late in Orlando. Not a ton of grocery stores besides Publix