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According to the NY Times, "New York lost fewer residents to other states in 2007-8 than during any year in at least a generation." Demographers at Queens College broke down census info and found that "some 257,000 people moved away during those 12 months...the first time the number dipped below 300,000 since the Census Bureau began measuring the annual flows in 1982." And why might this be happening? The real estate market—if you can't sell your house, you're not moving. And a possible "silver lining" to keeping residents in New York, where the economy isn't doing so well? The Empire State may only lose one Congressional seat, instead of two.
Bad Economy Means Less Migration From NYC
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why all the media coverage over a white woman from rockland county getting killed or murdered?
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A bad national and global economy also means there really isn't a good place to migrate to. North Carolina and Las Vegas just don't have the jobs they used to either.
Thank God. New Yorkers do a good job of ruining small towns and wide open country. You get so excited about having a McMansion and cramming the houses 5 to an acre. Your shit malls and shopping centers get built and traffic gets way worse.
Doesn't that sound great? Thats exactly what happened to North Carolina.
New Yorkers flee NY, but tend to bring NY habits with them. They flee high taxes, but espouse policies that necessitate high taxes. That's how Florida was flipped Democratic by Jewish retirees from NYC & suffered financial consequences.
If you managed to count illegals, NY's representation could double. Extra seats for refusing to learn English/being illiterate.
Actually the Census does count illegals, and Congressional representation is based on the Census.
So all the renters in NYC couldn't possibly leave because "they can't sell their house"? Bullshit. Those demographers at Queens College need to look at a)History, b)Migratory trends into the city which gives a strong indication as to who might pull up stakes and go, and c) Reality. Outflows peak both during the good times as well as during the hard times. NYC lost nearly 500,000 residents in the 1970s, hardly the best of times. It also lost residents in the 1950s as good times increased their mobility.There is every reason to believe that NYC will lose 500,000 during this recession because the loss of over 200,000 good paying jobs translates into a severely displaced portion of the population who will not be able to afford the sky high rents. Apartment owners may stay put if they are still employed but the ones thrown out of work, especially those on Wall Street may eventually just sell out if the markets don't come back soon , and the predictions are for a prolonged bear market. Recent immigrants who have lost their jobs may try to remain but any chance to find work elsewhere will see them off as well. It may not be Las Vegas and North Carolina, but it could certainly be Washington D.C. and Texas, where job growth is projected to be robust.
I'm not sure NC and Las Vegas belong in the same category guys. We aren't losing jobs at the rate places like Las Vegas and Arizona are. It's not a great market anywhere, but honestly I've had a far easier time finding a job in the triangle than I did in NYC.
I'm not quite sure what you're talking about stereotypical. Yes, if I drive over to Southpoint I find it to be full of obnoxious self-entitled out of staters, but where I'm living in Chapel Hill is still charming and Southern in its style and demeanor. I was in my favorite coffee house this last week and a woman with a NJish accent was bitching out some poor waitress. I looked around and found most of the clientele horrified and it reassured me that this is still a lovely place to live, without the stress of Manhattan.
Anyway, if you want McMansions go to Atlanta. NC still has Asheville and Chapel Hill, a not totally tanking economy and a nice mix of progressive and Southern style. I love it and so does our new neighbor from Long Island, who is warming up to the idea of being friendly with the people around her.
I dunno, northern yankees don't know how to eat grits correctly. but it is a real relaxed attitude, it will take a lot of adjustment for "ny'ers".
but then there's Charlotte, don't know how affected their banking industry is by the economy.
I thought NYC was supposed to gain a million new residents or something like that. Every year it seems to be losing population, not gaining.
most new yorkers move to Cary...
Containment Area for Relocating Yankees.
they ruined the fuck outa that town.
Uh..the only reason New York is surviving is because of the long-term rent controlled/rent stabilized tenants that make up a huge part of the Manhattan population.
The "Flee-ers" are the ones who were probably just here trying to get started at the worst possible time..although..when a president says..go shopping.. and not "save"..he's helping his friends and family!! Not you!
I think the ones going to NC, with the NJ accent, were probably from "Long Island". Their taxes are crazy high.
NY State put in housing regulation laws years ago. There are people living in my building since the 40s. WE are the ones who are keeping the small mom and pop businesses alive even though there are a lot of empty storefronts around now. These were due to a lot of their 20 or 30 year leases coming up and the businesses can't afford the greedy landlord rent increase...so they either move or shut down. Unfortunately, the commercial properties are not rent regulated. Even foreigners were sniffing around Manhattan 2 or 3 years ago for opportunities..but they have left. We seem to have had some foreign buyers interested a year + ago in our building..not so much anymore.
This will all come to another dip. We are keeping Manhattan's neck just above water along with our regulated affordable housing.
911 took about 40,000 jobs in one day. It was quickly followed by hundreds of thousands of jobs (just in Manhattan) going to India. Not just jobs..whole industries..such as desktop publishing, graphic design, tech support, radiology analysis...anything that can be done digitally and remotely. The only people who are surviving are common folk that perform services here. (Dog walkers, home elderly care, waiters, videographers etc.) Criminal and civil courts are slow! People are learning they have to settle their differences out of he scope of spending money. Hopefully we can get rid of some of the outrageous greedy lawyers now!
Our building went condo two years ago. (don't know why..saw this economy coming years ago when BUSH was elected first term) 18% of the units sold (the landlord bought a few units to make the conversion legit). A year later..there are now two of the buyers putting their precious investments on the market (with intentional losses) None of other units have sold in 10 months. The fact is, the sooner "the greedy" realize (landlords, condo buyers AND business owners) that THEY need us "long-term tenants" and regulation...the better we ALL will be.
The French learned this lesson for us! - the hard way!