Why New York Is Becoming a “Millionaire-Only” City
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- čas přidán 13. 05. 2024
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In future the rich will have to do their own cooking, cleaning and garbage. Very character building and a positive development...
You can just microwave hotpockets and other frozen foods.
@@herp_derpingson Cancer from radiation...
Laughs in Hong Kong
😂😂😭
Hong Kong housing prices got a bit down but are still insanely priced, but as least we have public housing unlike America, also other expenses are probably cheaper than in New York
@@Ash-vt7uuThere is a shitton of public housing in nyc
@@Ash-vt7uu coffin housing🤣☹️
It seems like no one can afford to live anywhere these days. Your grave might be the only place your body will stay for free as an adult.
Yeah, graves are not free. Your family needs to pay for that
@@digitalm1 Yeah, I sadly realized after leaving the comment that your family needs to pay for that, but I hope you understand the sentiment.
Well just saw another video which said Buffalo NY is cheap. There’s always cheap places just most people don’t want to live there
Most of Asia cant afford graves, they cremate.
Did you know they rotate grave plots every 100 years
My one-bedroom apartment in southwest Missouri costs less now than I paid to sleep on a guy's living room floor in Manhattan in 1986. No lie. $400 in 2024 vs. $500 in 1986. (The average cost for a one-bedroom apartment in my town is about $850. I've got a great deal in a very old building.)
I lived for free in Hawaii ... in a cabin on three acres with fruit and flowers growing all around me because the property owner lived in California - so I was just there to bring some civility to the jungle.
@@WhirledPublishing That's better than sleeping on some strange dude's living room floor in Manhattan ; )
your channel is the definition of Quality over Quantity , keep up the good work !
The cost of living totally doesn't have anything to do with the politicians and political leaders in the city.
This is the best video I have come across about NY demographics. New subscriber!
Great video!
Incentive to only build luxury housing instead of affordable housing.
Lived in Brooklyn in the 90s. If I were to do it all over again, I would choose Chicago at this point.
It’s not only New York City it’s Los Angeles, San Francisco, San Diego, Miami, and most of Florida in that matter the state of Maine Boston practically the entire country. And it’s not just the US that has this problem when I look at all these cities and countries that have an all-time inflation with a terrible homeless situation With people sleeping on the streets, trash everywhere, piss and shit on the sidewalk and alleyways with crumbled infrastructure and disgusting living conditions and no affordable living anywhere. When you connect the dots it’s very clear that it’s not a left right issue a geographic issue or any form of government or so it’s a population issue. There are too many people on the planet and the world running out of resources. so another words we are overpopulated and there are not enough homes for everyone because if they are building more and more houses apartments, businesses and roads changing the climate and we still have a home shortage then it’s overpopulated and there aren’t enough homes for everyone and keep hearing and seeing the same topics over and over and over
The goal of capitalism is to concentrate as much wealth as possible for as few people as possible, so I'd expect that especially Americans would see this situation as something positive rather than negative?
Well said, don't really understand why folks never see this.
Wealthy disparity with this economic model is almost inevitable. I wish someday it changes
Who knew that not building housing to meet demand where people want to live woumd cause prices to rise. Specifically state constructed affordable housing to keep housing prices in check in meaningful quantities is the big problem due to not being built in sufficient numbers to meet demand.
But 5:10 shows that NewYork population increase is less than the increase in number of houses.
What demand? Population in new york is decreasing every year
the first minute of the video refutes what your saying
I LOVE the American TURBOCAPITALISM!
It's like fkng everyone lost their minds.
greed from a few
If you can't afford New York, India welcomes you! We speak English here.
We are still overcrowded country 😂
For women to be abused in India? A beautiful woman you are already on top of taking photos and filming
I am paying $10 per square foot per month. Luckily, I live alone in the middle of nowhere. 🇨🇦
Guess philadelphia, Detroit, Cleveland, Buffalo, Pittsburgh, Rochester etc are what's affordable
Funny how the worst, most boring places are always the cheapest.
I’ve been obsessively researching US cities for months and Pittsburgh is actually pretty cool
This fucking disgusts me. It's now known as some "rich playground" despite it having a HUGE history of WORKING/LOW CLASS immigrants and populous, but then things happened and here we are. Our most culturally diverse and amazing and convenient city ruined by (from what I've heard) rich people doing fishy shit, landlords getting greedy, bad city management from the council itself, and everybody deciding to flea back into the city from their suburbs because it's now "trendy." Ruining the culture slowly, day by day.
Don't worry about low wage jobs, because they will be replace by robot/AI.
real estate companies pricing a closet in midtown for $5 billion
(i was priced out of the city into Long Island since my Appalachian wallet can afford to live there)
A city must accommodate all
5:10 shows that population of NewYork increase less than the number of houses.
So maybe the median salary in New York is too high. The salaries need to be reduced.
this is now becoming the city of broke And no longer dreams 🥺
I encourage people especially nurses to move to California.
Laughs in Tokyo
Millionaire is middle class
You can’t afford a 3k apartment here if you make 130k a year. Whoever did the math is still getting allowance from daddy. To afford a 3k unit comfortably here (meaning you are saving, paying student loans, bills, having a basic nyc social life, traveling 1-2 times a year and not living paycheck to paycheck) you’d have make at least $180k
Not to mention owning property, which is something people from elsewhere traditionally aspire to. In NYC, it is something only possible for people that are very rich
And don’t forget being taxed heavily by 3 different entities, if you live in NYC and if you’re in Jersey but work in NYC. 😡
So basically capitalism
Incogni is better, but everyone should do their own research. But good to tell people about this stuff anyway
The real reason, is that NYC is the capital of North America.
hallo millionaire here! 👋 if you cant afford to live in a penthouse in Tribeca can you really afford to live at all?? ha ha (i have 10 dollars in my bank account welp)
You couldn't pay me to visit NYC. It has come full circle to the late 80's in being a cesspool of crime and corruption and a disgusting blight of urban decay.
Nah. /
Capitalism without interventionism never works.... Americans you loved capitalism so much rigth what now?
It’s more like Americans used to lived in depression
New york should vote red next time
Capitalism. The answer can always be traced to capitalism.
Really? Wallmart are the ones savaging us? Not govt?
This guy killed his channel after Ukrainian video
Hahahaha.I noticed that too.This channel got bombed after the Ukraine video.
"No one" can afford to live in New York? Click bait titles turn off viewers.
?
Just leave