A new report from the Center for an Urban Future (whose previous report, "Attack of the Chains," sparked a bidding war between Fox and Warner Bros.) confirms the obvious: the so-called middle class can no longer afford to live in New York and are relocating in large numbers to the exburbs or far-flung cities like Houston, where $50,000 a year gets you the same standard of living as a $123,322 salary does in Manhattan. Don't scoff; Space City has theater, opera, ballet, air-conditioned skywalks, a Holocaust Museum—even a lively local weblog, just like the one you enjoy here!
Continue reading "$50K In Houston Equals $123K in NYC, Study Finds"



