Sharing Insights on Public Finance, Infrastructure, Regional Economics, Cities, State & Local Governments 🏛️ 🏙️ 🏗️ 📊 | All views my own.
Aug 30, 2020 • 8 tweets • 7 min read
A thought on #NYC: the city isn’t dying, but it has problems: the cost of living is too high, #incomeinequality is rampant, and the city’s blood runs through its #transit system. Some things to consider:
(1) The #rent is too damn high, the residential market is distorted, and despite a 10% decline in #Manhattan rents they are still among the highest in the country #housingnytimes.com/2020/08/18/nyr…