Some are predicting the rich will leave NYC. How long will it take?

[jilla82]

naw breh.

NYC is a cultural epicenter, like Paris. Rich people don't live in NYC because of industry, they move and stay here because it's 'cool'. The fashion, art, history.

Whereas other cities are basically driven by one or two industries, that really isn't the case for NYC.

People said the same about San Fran...
Money does move.

It has happened to plenty of cities over the years.
NYC pre Giuliani?
Montreal
Barcelona

Look at Western Europe...
they have the policies a lot of you champion but they've been in a steady decline for a long time

 

[KillerPups]

remember all the empty apartments during the pandemic. they all full now

all the cool ppl want to live in nyc

 

[invalid]

People said the same about San Fran...
Money does move.

san fran has the highest number of millionaires and billionaires in the country after nyc.

money does move.
but it's usually replaced.

 

[IIVI]

Bunch of snowflakes

 

[chineebai]

they ain’t leaving.