Re:The City That Had Too Much Money
by whiddershins on Sunday October 21, 2018 @01:48PM
(#18269144)
Anecdotally it has become increasingly hard for me to function in my Brooklyn neighborhood, despite having paper wealth (equity) from being here early and a decent job.
Absolutely every little thing is so expensive. I can’t even really afford to go to the bar for a few pints.
So, yes, I agree with you completely. Even if real estate prices aren’t an issue, the influx of price insensitive residents can make an area infeasible to live in.
Re:The City That Had Too Much Money
by wolco on Sunday October 21, 2018 @03:09PM
(#18269578)
The opposite happened to me. I rented in a central location with high food prices, bought a house move west and prices are much lower but take-out choices are now limited.
Absolutely every little thing is so expensive. I can’t even really afford to go to the bar for a few pints.
So, yes, I agree with you completely. Even if real estate prices aren’t an issue, the influx of price insensitive residents can make an area infeasible to live in.