April 8, 2017

More Americans leaving New York City area

The Atlantic -Net domestic migration to New York City metro area (which includes the five boroughs plus slivers of New Jersey and Pennsylvania) is down by a whopping 900,000 people since 2010. That means that, since 2010, almost a million more people have left New York for somewhere else in America than have moved to New York from another U.S. metro—more than any other metro in the country. This is the “fleeing” that the Post finds so “alarming.” But the New York metro has also netted about 850,000 international migrants since 2010. That number is also tops among all metros—more than Miami, Los Angeles, and San Francisco, combined.

So, that’s the story of New York City, today. It is an extremely popular first-stop for immigrants. It is also a popular destination for young, upwardly mobile Millennials who have graduated from top colleges and don’t yet have families with children. But since it’s expensive, chaotic, and mostly lawn-free, it’s not a great place for middle class families who dream of an affordable house, car, and yard.
In this regard, New York is a microcosm of the American city. Population growth in big cities has now shrunk for five consecutive years, according to Jed Kolko, an economist and writer. While well-educated Millennials without children have concentrated in a handful of expensive liberal cities, the rest of the country is slowly fanning out to the sunny suburbs.

1 comment:

greg gerritt said...

My home town (born and raised in the Bronx, been in New England nearly 50 years) has always been a first stop. And the place that they said "if you can make it in NY, you can make it anywhere) Its a great place to be if you want to make it and have the fire, but it is not good for much else. The only real problem with that is that the ruling elite does not understand why people move and complain about population declines as if they were the end of the world, rather than people adapting to changing circumstances.