Quote:
Originally Posted by iheartthed
I dunno, it's been more mixed I think. New York City grew faster than the U.S. this past decade, but it also grew at close to the same pace as the U.S. from 1990-2000. Growth in NYC was a bit off during the 2000-2010 period, but the city was reeling from 9/11 and the financial crisis most of that decade. Considering those twin crises, it's probably a miracle that the city grew at all.
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I was thinking of the metro area as a whole (MSA + Fairfield County). For the past 100 years its growth is below the national by a large margin.
It's hard to look to the city only, specially as it's already very dense and expensive.
Quote:
Originally Posted by Manitopiaaa
You're being way too generous to New York. They banked most of that +4% at the beginning of the decade, before housing bubble, crime, mentally ill homeless/drug addict violence on civilians, hyper-woke DAs, legal immigration plunge, work from home, mass transit bottlenecks, and COVID created a perfect storm.
I'll do cartwheels if they sustain +1% this decade, but I'm not optimistic.
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The 2021 Estimate, for instance, indeed doesn't look promising.