Why New York Is Becoming a “Millionaire-Only” City

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  • Опубліковано 13 тра 2024
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КОМЕНТАРІ • 79

  • @velisvideos6208
    @velisvideos6208 18 днів тому +55

    In future the rich will have to do their own cooking, cleaning and garbage. Very character building and a positive development...

    • @herp_derpingson
      @herp_derpingson 17 днів тому +1

      You can just microwave hotpockets and other frozen foods.

    • @KxemonPlayz
      @KxemonPlayz 2 дні тому +1

      @@herp_derpingson Cancer from radiation...

    • @mafuyu1380
      @mafuyu1380 День тому +1

      Poor people coming from another city will do this

  • @stephet3683
    @stephet3683 18 днів тому +117

    Laughs in Hong Kong

    • @qaitalamashi
      @qaitalamashi 18 днів тому +11

      😂😂😭

    • @Ash-vt7uu
      @Ash-vt7uu 18 днів тому +11

      Hong Kong housing prices got a bit down but are still insanely priced, but as least we have public housing unlike America, also other expenses are probably cheaper than in New York

    • @noahschwartz1222
      @noahschwartz1222 17 днів тому +10

      ​@@Ash-vt7uuThere is a shitton of public housing in nyc

    • @LlnusTechTips.
      @LlnusTechTips. 10 днів тому +6

      @@Ash-vt7uu coffin housing🤣☹️

  • @daniel385
    @daniel385 18 днів тому +34

    My one-bedroom apartment in southwest Missouri costs less now than I paid to sleep on a guy's living room floor in Manhattan in 1986. No lie. $400 in 2024 vs. $500 in 1986. (The average cost for a one-bedroom apartment in my town is about $850. I've got a great deal in a very old building.)

    • @WhirledPublishing
      @WhirledPublishing 17 днів тому +5

      I lived for free in Hawaii ... in a cabin on three acres with fruit and flowers growing all around me because the property owner lived in California - so I was just there to bring some civility to the jungle.

    • @daniel385
      @daniel385 17 днів тому +2

      @@WhirledPublishing That's better than sleeping on some strange dude's living room floor in Manhattan ; )

  • @Unhappypeoplesaymeanthings
    @Unhappypeoplesaymeanthings 18 днів тому +60

    It seems like no one can afford to live anywhere these days. Your grave might be the only place your body will stay for free as an adult.

    • @digitalm1
      @digitalm1 18 днів тому +14

      Yeah, graves are not free. Your family needs to pay for that

    • @Unhappypeoplesaymeanthings
      @Unhappypeoplesaymeanthings 18 днів тому +9

      @@digitalm1 Yeah, I sadly realized after leaving the comment that your family needs to pay for that, but I hope you understand the sentiment.

    • @johnl.7754
      @johnl.7754 18 днів тому

      Well just saw another video which said Buffalo NY is cheap. There’s always cheap places just most people don’t want to live there

    • @herp_derpingson
      @herp_derpingson 17 днів тому +1

      Most of Asia cant afford graves, they cremate.

    • @sing-sei795
      @sing-sei795 17 днів тому

      Did you know they rotate grave plots every 100 years

  • @caster863
    @caster863 3 дні тому +4

    The cost of living totally doesn't have anything to do with the politicians and political leaders in the city.

  • @kaouecheomar5282
    @kaouecheomar5282 17 днів тому +11

    your channel is the definition of Quality over Quantity , keep up the good work !

  • @natalievision
    @natalievision 18 днів тому +10

    This is the best video I have come across about NY demographics. New subscriber!

  • @jazzcatjohn
    @jazzcatjohn 15 днів тому +5

    Lived in Brooklyn in the 90s. If I were to do it all over again, I would choose Chicago at this point.

  • @GreenDroger
    @GreenDroger 11 днів тому +2

    Great video!

  • @unheard-ofgamer1510
    @unheard-ofgamer1510 2 дні тому +3

    This fucking disgusts me. It's now known as some "rich playground" despite it having a HUGE history of WORKING/LOW CLASS immigrants and populous, but then things happened and here we are. Our most culturally diverse and amazing and convenient city ruined by (from what I've heard) rich people doing fishy shit, landlords getting greedy, bad city management from the council itself, and everybody deciding to flea back into the city from their suburbs because it's now "trendy." Ruining the culture slowly, day by day.

  • @consumerwatch7479
    @consumerwatch7479 5 днів тому +4

    Guess philadelphia, Detroit, Cleveland, Buffalo, Pittsburgh, Rochester etc are what's affordable

    • @MrHorse-by3mp
      @MrHorse-by3mp 4 дні тому +1

      Funny how the worst, most boring places are always the cheapest.

    • @MrGrimlocke
      @MrGrimlocke 4 дні тому +2

      I’ve been obsessively researching US cities for months and Pittsburgh is actually pretty cool

  • @medocekic382
    @medocekic382 14 днів тому +5

    Incentive to only build luxury housing instead of affordable housing.

    • @shauncameron8390
      @shauncameron8390 6 годин тому

      Affordable housing is not viable in the face of high real estate and building costs.

  • @alehaim
    @alehaim 17 днів тому +5

    Who knew that not building housing to meet demand where people want to live woumd cause prices to rise. Specifically state constructed affordable housing to keep housing prices in check in meaningful quantities is the big problem due to not being built in sufficient numbers to meet demand.

    • @firstpostcommenter8078
      @firstpostcommenter8078 6 днів тому

      But 5:10 shows that NewYork population increase is less than the increase in number of houses.

    • @quetz6335
      @quetz6335 3 дні тому +1

      What demand? Population in new york is decreasing every year

    • @koodigocrxzy465
      @koodigocrxzy465 2 дні тому

      the first minute of the video refutes what your saying

  • @krisjbeats
    @krisjbeats День тому +1

    I went to NYC in 2022 and it was a great but i was curious on rent prices and man my pockets hurt looking at those average places for absurb amounts of money. Im from the midwest and I think I will stay put 😂

  • @alanway5
    @alanway5 18 днів тому +14

    greed from a few

  • @misterbig9025
    @misterbig9025 18 днів тому +17

    If you can't afford New York, India welcomes you! We speak English here.

    • @mufasa0
      @mufasa0 18 днів тому +9

      We are still overcrowded country 😂

    • @Ksov919
      @Ksov919 2 дні тому +1

      For women to be abused in India? A beautiful woman you are already on top of taking photos and filming

  • @Stevesguitarchannel840
    @Stevesguitarchannel840 4 дні тому +1

    It’s not only New York City it’s Los Angeles, San Francisco, San Diego, Miami, and most of Florida in that matter the state of Maine Boston practically the entire country. And it’s not just the US that has this problem when I look at all these cities and countries that have an all-time inflation with a terrible homeless situation With people sleeping on the streets, trash everywhere, piss and shit on the sidewalk and alleyways with crumbled infrastructure and disgusting living conditions and no affordable living anywhere. When you connect the dots it’s very clear that it’s not a left right issue a geographic issue or any form of government or so it’s a population issue. There are too many people on the planet and the world running out of resources. so another words we are overpopulated and there are not enough homes for everyone because if they are building more and more houses apartments, businesses and roads changing the climate and we still have a home shortage then it’s overpopulated and there aren’t enough homes for everyone and keep hearing and seeing the same topics over and over and over

  • @Parakeet-pk6dl
    @Parakeet-pk6dl 18 днів тому +37

    The goal of capitalism is to concentrate as much wealth as possible for as few people as possible, so I'd expect that especially Americans would see this situation as something positive rather than negative?

    • @lenitypious6579
      @lenitypious6579 15 днів тому +4

      Well said, don't really understand why folks never see this.

    • @flosset6070
      @flosset6070 11 днів тому +2

      Wealthy disparity with this economic model is almost inevitable. I wish someday it changes

  • @caojidan8913
    @caojidan8913 18 днів тому +3

    Don't worry about low wage jobs, because they will be replace by robot/AI.

  • @empressoftheknownuniverse
    @empressoftheknownuniverse 12 днів тому +1

    I am paying $10 per square foot per month. Luckily, I live alone in the middle of nowhere. 🇨🇦

  • @geigenunterricht8684
    @geigenunterricht8684 18 днів тому +11

    I LOVE the American TURBOCAPITALISM!
    It's like fkng everyone lost their minds.

  • @wilkinsandwontinsachievemu3772
    @wilkinsandwontinsachievemu3772 18 днів тому +5

    real estate companies pricing a closet in midtown for $5 billion
    (i was priced out of the city into Long Island since my Appalachian wallet can afford to live there)

  • @firstpostcommenter8078
    @firstpostcommenter8078 6 днів тому

    5:10 shows that population of NewYork increase less than the number of houses.
    So maybe the median salary in New York is too high. The salaries need to be reduced.

  • @dohminkonoha3200
    @dohminkonoha3200 2 дні тому

    Laughs in Tokyo

  • @prestigeflightyoutube
    @prestigeflightyoutube 4 дні тому +1

    Millionaire is middle class

  • @samiuddinomer8154
    @samiuddinomer8154 7 днів тому

    A city must accommodate all

    • @shauncameron8390
      @shauncameron8390 6 годин тому

      No. Living in the city is a privilege, not a right.

  • @d3r3kyasmar
    @d3r3kyasmar 10 днів тому

    I encourage people especially nurses to move to California.

  • @marquiswhite
    @marquiswhite 18 днів тому +9

    You can’t afford a 3k apartment here if you make 130k a year. Whoever did the math is still getting allowance from daddy. To afford a 3k unit comfortably here (meaning you are saving, paying student loans, bills, having a basic nyc social life, traveling 1-2 times a year and not living paycheck to paycheck) you’d have make at least $180k

    • @thomasgrabkowski8283
      @thomasgrabkowski8283 18 днів тому +4

      Not to mention owning property, which is something people from elsewhere traditionally aspire to. In NYC, it is something only possible for people that are very rich

    • @100problemsnot99
      @100problemsnot99 6 днів тому +2

      And don’t forget being taxed heavily by 3 different entities, if you live in NYC and if you’re in Jersey but work in NYC. 😡

  • @naptime0143
    @naptime0143 16 днів тому +6

    So basically capitalism

  • @Car_Fanatic
    @Car_Fanatic 18 днів тому +4

    Incogni is better, but everyone should do their own research. But good to tell people about this stuff anyway

  • @adielgonzalez4738
    @adielgonzalez4738 День тому

    this is now becoming the city of broke And no longer dreams 🥺

  • @anthonygarland1839
    @anthonygarland1839 2 дні тому

    The real reason, is that NYC is the capital of North America.

  • @axnyslie
    @axnyslie 14 днів тому +4

    You couldn't pay me to visit NYC. It has come full circle to the late 80's in being a cesspool of crime and corruption and a disgusting blight of urban decay.

  • @promisearalepo5366
    @promisearalepo5366 2 дні тому

    hallo millionaire here! 👋 if you cant afford to live in a penthouse in Tribeca can you really afford to live at all?? ha ha (i have 10 dollars in my bank account welp)

  • @jordanjohnson9866
    @jordanjohnson9866 5 днів тому

    Nah. /

  • @princejavv3314
    @princejavv3314 6 днів тому

    New york should vote red next time

  • @sounakchakraboty9700
    @sounakchakraboty9700 18 днів тому +15

    Capitalism without interventionism never works.... Americans you loved capitalism so much rigth what now?

  • @kanavdawra
    @kanavdawra 12 днів тому

    This guy killed his channel after Ukrainian video

    • @arbaz79
      @arbaz79 4 дні тому

      Hahahaha.I noticed that too.This channel got bombed after the Ukraine video.

  • @RoastMePls
    @RoastMePls 18 днів тому +8

    Capitalism. The answer can always be traced to capitalism.

    • @ApeAlchemist
      @ApeAlchemist 18 днів тому +1

      Really? Wallmart are the ones savaging us? Not govt?

  • @scrollop
    @scrollop 18 днів тому +1

    "No one" can afford to live in New York? Click bait titles turn off viewers.

  • @JRPGGUY
    @JRPGGUY 18 днів тому +2

    Just leave