|
|
|
|
|
by majormajor
1863 days ago
|
|
> Younger people then moved back in (causing superficial gentrification) because they couldn't live in the actual richer areas because those had all blocked new housing (actual gentrification.) You're overlooking the qualitative motives for (somewhat incorrect) purely financial aspects. Younger people continued to move to denser parts of cities for at least a solid decade after in-city rents surpassed suburban ones. A large demographic group got married and started having kids much later than previous ones (this part traces pretty well back to economic factors, though!) so was looking for very different things in housing. As those factors started to change, they started following similar suburbanization patterns, and WFH accelerated that dramatically. "Friends" is probably the clearest pop culture recording of this, showing the draw of living in the city for single 20-somethings in the 90s, and then the eventual appeal of the burbs for the later married w/ kids stage. Even in the 90s part of it, none of them were there because NYC was the cheap option. |
|
But NYC has always had a singular appeal. And there was long a certain snobbery(?) about living in Manhattan specifically.