No one leaving New York City because of Mamdani, say two top real estate CEOs
https://www.cnbc.com/2025/11/14/new-york-city-mayor-zohran-mamdani-real-estate-ceos.html
No one leaving New York City because of Mamdani, say two top real estate CEOs
https://www.cnbc.com/2025/11/14/new-york-city-mayor-zohran-mamdani-real-estate-ceos.html
24 comments
Of course not 😂
Yea because it’s utter bullshit that’s been spread by billionaires for decades.
The Republicans have been screaming that all of the millionaires will leave NYC every year for 15 years. The number of people making more than a million a year has almost doubled since 2010.
Even if it was true, one of the biggest supposed claims of capitalism is economic mobility. For every millionaire that leaves there should be someone in the wings waiting to take their place.
I left NYC…
Only because I live in CT and it was for a musical, planning to go back for a Broadway musical soon.
Yes because if you are wealthy in NYC you are not giving that up. There isn’t really another city to go to that wouldn’t have them equally up in arms.
We just passed a small increase (about $400) on over $300k households in Colorado to fund universal school meals. There was a blanket increase a few years ago to start the program, which I happily voted Yes on despite the monumental cost of ~$125 annually in state taxes at my income level.
The comments on some threads were hilarious about how people would leave the state over $400. Realtor and/or moving costs alone are significantly more, not to mention properties in the state are appreciating at an insane rate
No one ever leaves. Somewhere there is a video of fox saying this for 15 years.
They have two options: move or complain.
Take a wild guess what they’ll pick.
NYC is a really fun place to visit. I wish I’d had the opportunity to live there for a few years.
The Daily Show clip showing the last decade and more of people saying they are leaving NYC is outright hilarious and a must watch
This is the Atlas Shrugged myth. They’re not the best of the best, and they’re not self-sustainable.
The wealthy will leave NYC to save money? Yeah, they’re not living there because it so affordable.
My dads wife, who has never been there, would like you all to know she will NOT be going there
He makes me want to move TO New York City. But I hate the cold. 😔
That was obvious. People are leaving Austin and Miami however. Real estate is about to be super cheap there, especially Austin.
Insurance is going to be through the roof in Miami though. And because because they don’t really have meaningful building codes, so homes collapse and you never know when a hurricane will come and decimate your neighborhood
That’s a bummer. I was actually thinking of moving back to NYC if all the bozos who swore they’d leave actually left.
And here I thought they were going to move to the utopia of… Texas.
Yeah, the threat of “job creators” leaving due to taxes has always been bullshit. They’re billionaires, they live where they want to and can afford a tax increase, and many choose to live in New York City because it has everything. What, you think they’re going to move to Little Rock Arkansas so the number in their bank account is slightly bigger? What is the point of being rich if you can’t live in the most dynamic places?
Which brings us to the real point: if billionaires won’t even move from New York to Nashville because of tax increases, why are we all trembling in fear that they might move out of the country if we raise federal taxes? What, you think billionaires are going to start living in Dublin because of the tax rate lol? No, they want to live where the treats are, and for better and worse that’s America
If all the whines and cries of market capitalist republicans had come true the states of California and New York would have been barren wasteland decades ago while Florida and Texas and Arizona would be thriving southern silicon valleys, etc.
The facts are if you are Uber rich you operate in these cities and hide your wealth in offshore or tax free shelters. There is literally nothing that a politician can do that will actually adversely impact the lives of billionaires and corporations.
They will either just buy off the new up and comer revolutionary or they will just whine and cry and then pass on the costs+ and laugh in billionaire. The only way to actually hurt a billionaire is through systematic, federal regulation, taxation, and accountability on a financial and criminal level.
People who don’t pay their taxes and over extend services for themselves: oh no!
There’s a really good YouTube short where it takes a clip from each year of a news broadcast where the talking heads are complaining about rich people leaving New York. Goes all the way to 2010.
Then it ends on a report from this year that shows the number of rich people in New York doubled since the 2010 clip.
Bitches, you aren’t leaving the economic capital of the country.
It’s almost like the people who actually live and work in NYC have a different reality than the fear mongering headlines. Shocking how the city keeps thriving no matter how many times politicians declare it “finished”
Of course not. It was just more Republican bullshit and pretty much everyone recognized it.
Today’s republicans are the trumpets of lies, misinformation and propaganda, all in support of a mission of depravity.
Comments are closed.