4 ms·
I grew up in NYC and just completely disagree with your analysis here. There are a lot of hidden costs to live in NYC such as some of the highest income and sal
by zjaffee 4y ago
I grew up in NYC and just completely disagree with your analysis here. There are a lot of hidden costs to live in NYC such as some of the highest income and sales taxes in the country, apartments where even if you own if a problem is found the forced maintenace costs can go up thousands a month and you get evicted for not being able to pay. Health driven by sin taxes on soda and tobacco, and much more along those lines than just people walking places.
It is true that older people in NYC are seemingly healthy, but they're definitely a very specific type of person.
- dangus 4y agoJust to be clear, I am not saying NYC is literally cheaper than other places overall. I’m saying that this one major cost component of car ownership is not there, so the high sticker price of housing should be lessened by some amount. Live in SF or LA and you’ll face similar costs and still need a car on top of it.