4 ms·
Unfortunately this is the circle of life in high cost living areas. The NYC area has been expensive for a long period of time. SF now has become even more expen
by specialp 8y ago
Unfortunately this is the circle of life in high cost living areas. The NYC area has been expensive for a long period of time. SF now has become even more expensive and this phenomenon is newer to the area than NYC. The people I grew up with had the following outcomes:
* Got a high paying job and stayed (not many)
* Tried to make it here, but ended up moving to NC or FL
* Work lower paying jobs dual income and struggle
* Got a job in the area they went to university
SF was not super expensive 10-15 years ago. I mean it was not like living in a Midwest city but you could still get by on a reasonable income.
Central Fl and many areas in NC have a large amount of New Yorkers. This trend is going to accelerate as top tier cities become more popular and affluent, and costs will spiral. Unfortunately cities like Orlando that take in a lot of fleeing New Yorkers do not build the same density and downtowns as older cities so it is less likely that they will become as desirable for higher paying jobs. They are more suburban in nature and are car dependent.
What needs to be done is to make high density cities from the start somewhere else. Make a high speed rail link from SF to some area outside and start new with affordable high density in mind. Then people will initially commute to SF but the new area can then flourish. Otherwise old high density cities will continue to explode in popularity with post 1950s sprawl cities taking in mid income people.
- ummonk 8y agoNYC isn’t nearly as expensive. I know people who have bought affordable houses in places like New Jersey and have reasonable commutes. That just isn’t possible in the Bay Area.
- paulie_a 8y agoNJ isn't NYC That's like saying Chicago isn't expensive if you just buy in a different state.
- greenyoda 8y agoLarge parts of NJ (including NJ's five largest cities[1]) are part of the "NYC Metro Area", right across the Hudson River and well-connected to NYC by commuter rail and bus routes. The commute from NJ to midtown Manhattan can be shorter than the commute from some of the outlying parts of NYC. [1] https://en.wikipedia.org/wiki/New_York_metropolitan_area https://en.wikipedia.org/wiki/New_York_metropolitan_area