New York City is edging toward financial disaster, experts warn

[Wild self]

Nah, That's not always the case- it's not always about entertainment value. Suburban environments are very isolating at times, very cookie cutter - even the mentalities. Lack of culture, car is a necessity, commute times etc. Quality of life is a major factor depending on the person - saving money and living way out but too depressed bc there's nowhere to go and nothing to do, closed off- annoying notices for not trimming your shrubs and hedges, neighbors who you don't care to interact with, suburban sprawl . Same types of people, same stores, lack of variety, no diversity.

True, but at the same time, you cannot let landlords jack up rent prices to unaffordable levels. Some places, rent TRIPLED in the last 12 years and people are broker than ever. While those same landlords are taking home record amount of profits, which causes the wealth gap to increase. No matter how much demand there is, you got to set limits because thats the only thing that prevent the homeless rate from skyrocketing.

 

[88m3]

it's been getting rough lately and it's not solely the fault of corporations

idk what the longterm play is

I'm on vacation in Europe right now but the six certs, six whips, six figures have a due date,

 

[The Odum of Ala Igbo]

Chicago finna make a comeback

 

[Calmye]

No wonder so much Trump distraction is going on

 

[You Win Perfect]

so the press is creating bad news about NYC to drive the prices down so the cacs can pick up the remaining properties for pennies or is this not a propaganda piece

 

[chineebai]

I'm starting to get tired of NYC. The local taxes alone are a bytch.

 

[UpAndComing]

People don't want to admit that Socialism is the problem

 

[Wild self]

People don't want to admit that Socialism is the problem

No, socialism WITHOUT wealthy people paying their fair share of taxes are the problem. Even Warren Buffet said that his secretary pay more in taxes than he does, in terms of percentage of their annual income.

 

[UpAndComing]

No, socialism WITHOUT wealthy people paying their fair share of taxes are the problem. Even Warren Buffet said that his secretary pay more in taxes than he does, in terms of percentage of their annual income.

People who own a high number of businesses should not be paying the same share of taxes as people who don't own a business

 

[King Poetic]

Everyone running shyt on credit

That’s why u see people who probably making more than u and me only having $1,000 in their bank account cause they using credit like a motherfukker and don’t even count their student loans as well,,

But HEYYYYY I LIVE IN MANHATTAN or ANY OTHER CITY IN AMERICA

 

[Wild self]

People who own a high number of businesses should not be paying the same share of taxes as people who don't own a business

Once you have a net worth of $20 million, you pretty much set for life in terms of basic needs. Anything else is extra, and wealthy people had a free ride since the Reagan Administration. About time the working/middle class need to pay lower taxes and the wealthy need to go back to Jimmy Carter era tax rate.

 

[UpAndComing]

Once you have a net worth of $20 million, you pretty much set for life in terms of basic needs. Anything else is extra, and wealthy people had a free ride since the Reagan Administration. About time the working/middle class need to pay lower taxes and the wealthy need to go back to Jimmy Carter era tax rate.

This is why America is going down, cause of thought processes like this

 

[Maschine_Man]

They are generating revenue for someone somehow at that price point or the price would come down.

reale state is how rich criminals launder their money. It's also how foreign investors invest money in (to launder money).

they don't care if the buildings are empty, they will take those "losses" because they make money over time.

 

[Tom Foolery]

It's game over.

Economically what can you do?

 

[Mr swag]

what they have been doing is unsustainable