link– New York has replaced Hong Kong as the most expensive city for expatriates. What makes New York so expensive to live in? Molly Gambhir tells you.
9 Comments on What makes New York so expensive to live in?
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democrats
Taxes and piss poor government drive inflation
Wildman got this covered in the first post.
The high price of everything.
What I win?
Because people like being treated like dirt and doormats. Also see San Fran, Seattle, Portland…
Because the rent is too damn high!
Homeless people got kicked out of hotels for illegals. I saw one article that said the city is paying $500 per night/per room. Currently 50,000 illegals in hotels. And who gets to pay, the middle class working people.
NYC now using 14 hotels to house migrants amid ongoing surge:
https://nypost.com/2022/08/25/nyc-now-using-14-hotels-to-house-migrants-amid-ongoing-surge/
And now schools.
https://www.usnews.com/news/us/articles/2023-05-16/new-york-city-turns-to-school-gyms-to-house-new-migrants-prompting-uproar
And then your house.
show me a city with rent control and affordable rent
show me a city with rent control and no homeless problem.
show me a city that got rent control, and got rid of it.
rent control is a special kind of stupid
Two words: Rent and Control. Every time the gov’t gets involved in something, the prices skyrocket.