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WSJ: Everyone is getting the fuck out of NYC
Poast new message in this thread
Date: April 18th, 2019 9:52 AM Author: boyish national tank https://www.wsj.com/articles/new-york-citys-population-dips-for-first-time-in-over-a-decade-11555560060?mod=e2tw
wsj.com New York City’s Population Dips for First Time in Over a Decade Joseph De Avila 4 minutes
The nation’s largest city is losing population for the first time in more than a decade, new federal estimates show.
International migration into New York City’s five boroughs tapered off, as more residents left, shrinking the city’s population in 2017 and 2018, according to U.S. Census Bureau numbers released Thursday.
New York’s population dropped 0.47% to 8.4 million by July 2018, compared with the previous year. Census officials previously estimated that New York’s population grew by about 7,000 in 2017, but revised figures show it actually dipped by about 38,000, a 0.45% decline from the prior year.
Officials with New York City’s Department of City Planning said it appeared that the city’s robust population expansion, fueled by new young residents, in the past decade appears to have begun its inevitable slowdown. Overall, the number of residents in the five boroughs grew by 2.7% from 2010 to 2018.
“You cannot maintain that level of growth forever,” said Joseph Salvo, city planning’s chief demographer.
Net migration, the sum of all people moving in and out of the city, has also decreased in recent years. In 2011, that number increased by about 14,300, a reversal of a decadeslong downward trend. That number began to fall again in 2013 and shrank by about 87,000 in 2018, as the city reverted back to its previous trend, city planning officials said.
A few other major metro areas in the U.S. also reported declines. The Los Angeles metro area shrank by 0.1%, and Chicago declined by 0.2%. Pittsburgh and Cleveland also showed similar drop-offs.
Los Angeles County—the nation’s largest county, which includes the cities of Los Angeles, Long Beach and Pasadena—also posted losses in 2018 because of a slowdown in international migration and more residents leaving. The number of residents in the county dipped to 10.10 million, a 0.1% decline. The county’s population was essentially flat in 2017.
The new data show international migration into New York grew slower in recent years than in previous estimates. Census officials previously estimated the city added an annual average of 78,000 residents from abroad from 2010 to 2017. It was actually about 54,000 annually, according to the revised numbers.
However, city planning officials said a change in how the census counts international migration is likely undercounting this category, producing a lower overall number for New York. The Census Bureau’s population estimate is likely too low considering the number of new housing units built over the past few years, city planning officials said.
President Trump has made immigration a priority, saying this month that the country couldn't take more immigrants because it is full. Demographers say that maintaining a flow of immigrants is key to preventing the U.S. from becoming an older society where spending on the elderly absorbs an outsize share of the federal budget. The White House didn’t respond to a request for comment Wednesday.
Every borough except Staten Island, which had small gains, showed declines in 2017 and 2018. Queens had the biggest drop-off in 2018 with nearly 18,000 fewer people calling the borough home.
Write to Joseph De Avila at joseph.deavila@wsj.com
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Date: April 18th, 2019 10:34 AM Author: boyish national tank (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105811) |
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Date: April 18th, 2019 10:35 AM Author: gay market We need to build a wall around it and contain the malignancy. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105819) |
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Date: April 18th, 2019 10:36 AM Author: Elite Trip Degenerate Boltzmann Demographers say that maintaining a flow of immigrants is key to preventing the U.S. from becoming an older society where spending on the elderly absorbs an outsize share of the federal budget.
Thanks, boomers. |
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Date: April 18th, 2019 10:39 AM Author: Beady-eyed Painfully Honest Background Story Meetinghouse we should just bear it for the ~10 years rather than import people to keep the scheme going
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Date: April 18th, 2019 10:39 AM Author: Elite Trip Degenerate Boltzmann (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105841) |
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Date: April 18th, 2019 10:41 AM Author: Internet-worthy house scourge upon the earth (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105846) |
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Date: April 18th, 2019 10:42 AM Author: arousing theater stage And/or cut/reform benefits, fuck boomers (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105852) |
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Date: April 18th, 2019 10:47 AM Author: Red step-uncle's house (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105896) |
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Date: April 18th, 2019 10:55 AM Author: Galvanic location (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105995) |
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Date: April 18th, 2019 11:00 AM Author: Unholy sound barrier (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106044) |
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Date: April 18th, 2019 11:02 AM Author: Curious kitchen (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106069) |
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Date: April 18th, 2019 10:50 AM Author: multi-colored hyperactive crotch I know a bunch of boomers who are dead already from cancer. How many olds do we really expect to last after years of boomer hard party lifestyle. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105937) |
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Date: April 18th, 2019 2:55 PM Author: Maroon Sneaky Criminal Hospital right, immigration of poors is preferable to a society that replenishes itself through children of its citizens but we can't afford that so pro abortion |
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Date: April 18th, 2019 10:37 AM Author: arousing theater stage Wow, shocker
If you don't have family money and make less than 150K minimum, I don't know how ppl live here either. |
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Date: April 18th, 2019 10:44 AM Author: shaky box office turdskin Your poasting seems to vacillate between correct and down to Earth posts like this, and spoiled/entitled poasts looking down on people who don’t have family money and can’t afford that kind of life (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105871) |
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Date: April 18th, 2019 10:45 AM Author: arousing theater stage Cr (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105885) |
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Date: April 18th, 2019 10:46 AM Author: Plum brunch mexican (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105890) |
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Date: April 18th, 2019 10:47 AM Author: Red step-uncle's house (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105905) |
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Date: April 18th, 2019 10:48 AM Author: rambunctious talking field lol (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105915) |
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Date: April 18th, 2019 11:01 AM Author: Henna water buffalo (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106050) |
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Date: April 18th, 2019 11:31 AM Author: peach blood rage (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106326) |
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Date: April 18th, 2019 10:47 AM Author: Red step-uncle's house UJ is a complicated person. Like Christian Bale’s Bruce Wayne. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105910) |
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Date: April 18th, 2019 2:21 PM Author: french pistol yarmulke (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107236) |
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Date: April 18th, 2019 10:45 AM Author: Chestnut Preventive Strike Boiling Water "New York City’s middle class comprises 48 percent of city residents, with median annual incomes between $30,000 and $60,000.
Thirty-one percent make lower incomes . . . ."
https://nypost.com/2018/12/22/the-exodus-of-new-york-citys-endangered-middle-class/ |
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Date: April 18th, 2019 10:48 AM Author: Plum brunch mexican what kind of life is that. is it really that much better than living in a chill tropical village (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105918) |
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Date: April 18th, 2019 11:05 AM Author: charcoal electric furnace I think the bottom 31% likely lives in the projects; incidentally, that may be somewhat akin to living in a tropical village (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106101) |
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Date: April 18th, 2019 2:04 PM Author: rusted ungodly gaping Tons of people live in rent controlled or rent stabilized apartments. They may be paying like $500-$1000 for 3-4 bedrooms in prime areas (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107100) |
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Date: April 18th, 2019 2:20 PM Author: Curious kitchen tcr. In fact, a minority of units in NYC are market rate (not rent stabilized, not public housing, not rent controlled). (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107233) |
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Date: April 18th, 2019 10:46 AM Author: bespoke home The banks are leaving. Thats like 20% of the middle class employment. The subways are a disaster. The roads are shit. The infrastructure cant support those who are already here. But its really the banks shedding jobs like crazy that will fuck NYC up the ass the most. WeWork and Google cant replace 200,000 back office jobs all of which were paying over 100k a year. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105889) |
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Date: April 18th, 2019 10:46 AM Author: Plum brunch mexican where are they going (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105894) |
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Date: April 18th, 2019 10:48 AM Author: bespoke home Chase left for Columbus and Tampa and TTT Delaware. BoA left for Tampa and Charleston. AllianceBerenstein moved 90% of its ops to Nashville. UBS is moving to Texas and Ohio. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105912) |
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Date: April 18th, 2019 10:49 AM Author: Plum brunch mexican jfc Chase Tampa sounds 180
so AOC fucking up Amazon was quite bad? |
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Date: April 18th, 2019 10:49 AM Author: bespoke home Oh, and Goldman moved like 20,000 jobs to Utah. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105926) |
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Date: April 18th, 2019 10:56 AM Author: Galvanic location TTT Delaware?! HDY (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106011) |
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Date: April 18th, 2019 11:00 AM Author: bespoke home Wilmington has a Chicago level crime rate. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106045) |
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Date: April 18th, 2019 11:29 AM Author: Galvanic location Probably higher (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106316) |
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Date: April 18th, 2019 10:57 AM Author: Bronze charismatic center Aren't the big banks also chopping headcount? (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106016) |
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Date: April 18th, 2019 11:01 AM Author: bespoke home Right, 20% of front office gigs have disappeared too mostly due to automation and shit like clearing houses obliterating a ton of work. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106052) |
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Date: April 18th, 2019 11:02 AM Author: arousing theater stage jfc (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106067) |
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Date: April 18th, 2019 2:53 PM Author: Passionate Bistre Parlour Those are back and middle office jobs, not banking, trading, asset management. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107442) |
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Date: April 18th, 2019 10:54 AM Author: boyish national tank God's country (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38105985) |
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Date: April 18th, 2019 10:59 AM Author: arousing theater stage Back office jobs leaving, only the real money maker roles will remain in NYC with a cadre of service industry slaves - the New New York. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106037) |
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Date: April 18th, 2019 11:05 AM Author: Curious kitchen Good. Those are the only people that should be living in NYC anyway. Anyone doing generic bank compliance would almost certainly be happier in Tampa anyway. If my wife and I had to live on $150k/year each we would definitely rather live in Tampa than NYC. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106106) |
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Date: April 18th, 2019 11:07 AM Author: arousing theater stage Well they won't get 150k in Tampa, but still COL wise I'm sure it still works out better there. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106123) |
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Date: April 18th, 2019 11:12 AM Author: bespoke home NY will turn into a post apocalyptic hell scape AGAIN if this continues. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106174) |
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Date: April 18th, 2019 2:06 PM Author: Curious kitchen Depends on the extent to which tech replaces banks. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107108) |
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Date: April 18th, 2019 3:30 PM Author: abnormal burgundy tanning salon lettuce (Guy making $155k) (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107675) |
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Date: April 18th, 2019 8:39 PM Author: Curious kitchen Nope. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38109081) |
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Date: April 18th, 2019 1:53 PM Author: Shimmering provocative boistinker How many bodies total are being displaced by the bank moves. Is it really 200,000? (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107029) |
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Date: April 18th, 2019 2:06 PM Author: Excitant at-the-ready weed whacker circlehead won't someone think of the bankers? (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107117) |
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Date: April 18th, 2019 11:00 AM Author: Snowy Faggotry Orchestra Pit goodbye prestige (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106043) |
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Date: April 18th, 2019 11:01 AM Author: Bull headed church giraffe ALL CASH BUYERS (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106048) |
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Date: April 18th, 2019 11:01 AM Author: dark dysfunction Hope no one told them about Vermont. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106056) |
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Date: April 18th, 2019 11:02 AM Author: arousing theater stage oh JUST GO (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106063) |
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Date: April 18th, 2019 11:02 AM Author: Comical Immigrant Base Yea man every time I go to nyc I smh how there aren’t as many filthy immigrants as there were a few years ago (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106065) |
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Date: April 18th, 2019 11:04 AM Author: Curious kitchen So what I get from this is that Trump's anti-immigration policies are actually working and we're seeing it in immigrant centers like LA too. Can someone explain why this is bad or why overcrowded cities need to perpetually grow? (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106096) |
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Date: April 18th, 2019 11:06 AM Author: charcoal electric furnace Ok, now do SF. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38106116) |
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Date: April 18th, 2019 2:14 PM Author: Cobalt corner That's fucking happening bro, plenty of us have intent to GTFO. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107184) |
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Date: April 18th, 2019 1:56 PM Author: gaped aromatic shrine prole Would be really 180 for NYC to dismantle and the companies/jobs disperse, same with SF, so we could get good jobs without having to live in these SHIT places (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107052) |
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Date: April 18th, 2019 2:03 PM Author: rusted ungodly gaping This is 180^180 (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107093) |
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Date: April 18th, 2019 2:18 PM Author: Dashing locus Yeah but when will this be reflected in RE prices (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107213) |
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Date: April 18th, 2019 2:21 PM Author: Racy office Just do a metropolis where all Apartments are sold to Chinese and Russians who dont live in them and treat them like safety deposit boxes (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107237) |
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Date: April 18th, 2019 2:39 PM Author: bespoke home Thats literally a quarter of Manhattan already. Entire floors just sit empty and unused 10 months out of the year. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107350) |
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Date: April 18th, 2019 2:40 PM Author: Jet-lagged Splenetic Volcanic Crater Space so what i got from skimming this thread is... Tampa > NYC ? |
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Date: April 18th, 2019 2:41 PM Author: Sinister impressive garrison international law enforcement agency cr (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107359) |
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Date: April 18th, 2019 2:47 PM Author: Plum brunch mexican this is well established
meet me at Frenchy's Saltwater in Clearwater |
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Date: April 18th, 2019 2:56 PM Author: Curious kitchen lol, I've been there. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107467) |
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Date: April 18th, 2019 3:00 PM Author: spectacular friendly grandma Which one is that? The burgers the coffee shop or the gumbo place? (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107492) |
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Date: April 18th, 2019 3:01 PM Author: Curious kitchen Seafood place further down. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107498) |
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Date: April 18th, 2019 2:54 PM Author: Curious kitchen Honestly, yes. Though, like any credited places that GC is discovering, you're seeing property values skyrocket and it is starting to look more like any GC hellscape. But for now it isn't bad. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107455) |
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Date: April 18th, 2019 3:00 PM Author: spectacular friendly grandma In other news, cake is better than eating raw kale with no dressing. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107487) |
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Date: April 18th, 2019 3:06 PM Author: coiffed spot keepsake machete This is happening and will continue to happen at a greater rate in all major US coastal cities
No normal psychologically healthy white person actually wants to live in these places. People only do it because there are high paying jobs there. As soon as these jobs start to leave and spread out, these people are fucking tripping over each other to leave |
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Date: April 18th, 2019 3:07 PM Author: arousing theater stage cr, it seems (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107542) |
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Date: April 18th, 2019 3:12 PM Author: Passionate Bistre Parlour No evidence that the top jobs are leaving those cities. The NYC banking jobs moving to other cities are back and middle office. The top tech firms (Google/Facebook/Apple/Amazon/Microsoft/Uber/Lyft/Airbnb/Dropbox/Slack) are staying put in SF, with offices in Seattle and a few other cities. The big coastal cities have major network effect due to the aggregation of alums from elite schools. It will be very difficult to attract top talent in secondary cities. (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38107578) |
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Date: April 18th, 2019 8:38 PM Author: Curious kitchen "No evidence that the top jobs are leaving those cities."
What? LA is getting btfo even worse. As are a bunch of large cities like Chicago.
SF is a weird place that might keep booming or could totally collapse. Here was about a month ago: https://www.mercurynews.com/2019/03/28/bay-area-home-sales-dip-as-prices-continue-to-rise/
Then IPO madness kicked in and here's the latest article: https://sanfrancisco.cbslocal.com/2019/04/11/san-francisco-real-estate-ipos-luxury-homes-tech-stock-market/
Seattle isn't booming or busting right now: https://www.seattletimes.com/business/real-estate/seattle-area-home-price-cooldown-stands-out-amid-u-s-cities/
The reality is that tech is still strong, and as long as that holds true tech centers won't really decline.
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Date: April 18th, 2019 10:11 PM Author: Erotic sooty old irish cottage resort yeah (http://www.autoadmit.com/thread.php?thread_id=4244062&forum_id=2#38109513) |
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Date: April 18th, 2019 3:18 PM Author: coral faggot firefighter casino i love NYC and even I think NYC is a total shithole and needs to be downsized.
cities shouldn't grow up and to the right forever.
lowering cost of living is better for everyone |