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by jltsiren
524 days ago
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> If I had to think, I imagine the entire point of RTO mandates is to keep cities sustainable. More like to keep cities unsustainable. If a few major real estate companies went bankrupt, forcing the rest to lower the rents, a lot of wealth would be destroyed. At the same time, cities like New York would become even more desirable due to being more affordable. NYC is still the #1 city in the world. There are plenty of things you can't find anywhere else. Cities like that – cities that offer something unique – would benefit from being more affordable. Mid-tier cities that exist primarily for economic reasons would probably suffer from a real estate crash. |
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Let me take the $4,000 a month I save by not living there, I'll spend 90$ on a flight, see a concert and eat some pizza.
Then I can fly back home the next day and enjoy my mid tier city with my giant apartment. My mid-tier City where we have this newfangled invention called trash cans behind the apartment, unlike New York where there's no space so trash is just overflowing everywhere.
I actually tried New York for relatively short time, it's an amazing city to visit. But living there sucks. I don't want to go back, but of the way things are going, I'm probably going to end up back there or having to go to Seattle or something which I don't really want to do.