Re:Fleeing New Yorkers resulted in an estimated $34B in lost...
by ed25519FUUU on Tuesday December 15, 2020 @06:18PM
(#25436744)
So in summary no matter what rich people do, they're the problem.
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Re:Fleeing New Yorkers resulted in an estimated $34B in lost...
by MetalGuru on Wednesday December 16, 2020 @02:20AM
(#25439943)
Seriously. The argument is that rich people come in, raising rent due to increased housing demand and constant supply, which pushes poor people out. But the reverse (rich people leave, rental demand decreases, lowering rents and allowing poor people to come back) isn’t true. Makes perfect sense /s
Re:Fleeing New Yorkers resulted in an estimated $34B in lost...
by jfengel on Wednesday December 16, 2020 @09:46AM
(#25443090)
Yes. Every time rich people displace poor people, it's a problem.
There are a lot of things that rich people can do besides displace poor people. Maybe you can think of some.
Re:Fleeing New Yorkers resulted in an estimated $34B in lost...
by CydeWeys on Wednesday December 16, 2020 @11:06AM
(#25444193)
Unfortunately we have zoned our cities such that we can no longer build enough housing to accommodate everyone. The pain of that will always fall the most on those who have the least to pay.