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[Mercury Man]

There is a reason why New York lost 45K + residents last year.  It was 1 of 9 States to actually see a decrease in population. 

USA TODAY 12/18:  "The number of births in the state surpassed deaths by 61,371, and the state added 70,375 immigrants, according to census data. That's a 131,746 increase.  However, the state's out-migration reached 180,306 in the 12 months prior to July 1, netting an overall decrease in population of 48,510 or a drop of 0.2 percent."

While not a huge number given the population, but it's a trend that looks to be continuing in 2019.   

As long as the cost of living/high taxes vs. benefits gap continue to widen, I suspect more of the same will follow suit for many small businesses, especially in Manhattan.  

 

 

[dupont2005]

Manhattan is high on my list of places I’d love to visit but I couldn’t imagine living there unless I was worth 9 figures 

[NoMan]

About 3 days is all can handle of NYC.  Hell, probably two.  

Real men live in Los Angeles. 

Edited March 17, 2019 by NoMan

[batman_fan]

9 hours ago, Mercury Man said:

There is a reason why New York lost 45K + residents last year.  It was 1 of 9 States to actually see a decrease in population. 

USA TODAY 12/18:  "The number of births in the state surpassed deaths by 61,371, and the state added 70,375 immigrants, according to census data. That's a 131,746 increase.  However, the state's out-migration reached 180,306 in the 12 months prior to July 1, netting an overall decrease in population of 48,510 or a drop of 0.2 percent."

While not a huge number given the population, but it's a trend that looks to be continuing in 2019.   

As long as the cost of living/high taxes vs. benefits gap continue to widen, I suspect more of the same will follow suit for many small businesses, especially in Manhattan.  

 

 

The bad thing is the outflow removes far more in tax revenue than the inflow brings in.

Edited March 18, 2019 by batman_fan

[Mercury Man]

2 hours ago, batman_fan said:

The bad thing is the outflow removes far more in tax revenue than the inflow brings in.

It's usually the people with decent cash that move out, so yes.  You can still get a ton of house in Florida for $350K (but even that is starting to change, and not for the good =  more expensive).   I live in Florida, and it is the most popular relocation point for New Yorkers.  Nothing against New Yorkers....they just better not try to change Florida into a New York State of mind.