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by JAlexoid 1964 days ago
NYC isn't going to collapse, but I believe it is going to degrade. But it's going to degrade primarily for the middle and lower income families.

Median household income in NYC is actually below median across US, making the existing tax base small. The flight of the middle class, that was only accelerated by COVID, was already happening.

We left NYC just a few months ago. And we are one of many, who left.