> Everybody loves public transit until they get panhandled for the jillionth time
OP is right. The demand is huge and supply is tiny. Even with those scary panhandlers people are jamming onto public transport (when it actually exists) and going far far out of their way to experience walkable areas.
> zero other options if I want to live where crime is low and the schools aren't dysfunctional
Crime in NYC is exceedingly low and the schools are great. Why don't you simply move to Chelsea or the Upper West Side?
>Why don't you simply move to Chelsea or the Upper West Side?
Because I'm not in the top 0.1%.
"Why don't you just move into a $2-5 million dollar home?" is an astonishing take.
Wait. Are the pedestrian friendly cities battlegrounds with panhandlers with horrible schools, or are they wildly expensive luxury destinations that are in such high demand that only the 0.1% can live there?
I'd think "it can be both" would be obvious, but clearly not.
Rich people have been enjoying a different standard of life even in the midst of abject poverty since forever, but I guess this is news to some.
So, OP is right. Despite the Nextdoor-tier rant about panhandlers the demand for walkable cities is huge. So huge that the super rich will pay handsomely and put up with panhandlers on top of it to live outside of car hell.
At least one wealthy family in NYC I met doesn't use surface transport for much... they use helicopters or have things/people/shopping/restaurants brought to them.
Had an experience where a store sent tailors, stylists, a manager, and a ton of inventory so that they could clothes shop while still in their home. Apparently, this was "normal". My shock was a source of great amusement to them.
They did the same thing with restaurants, movies, concerts, even a play... the staff, etc. came to them.
I have no idea just how wealthy they were (Brazilian who owned many businesses in oil and gas production) but I had never seen (or even heard of) such service.
I don’t think your wealthy acquaintances are representative.
I’ve lived in NYC my entire life, and I know plenty of wealthy people. Most take the subway; a small but not insignificant minority drive or are driven everywhere.
You mean the skies aren’t filled with everyone riding helicopters?
The skies are so filled with copters that you can walk from building to building on their blades.
I think we're talking about the difference between millionaires and billionaires (they are definitely billionaires).
This sounds more like and impoverished life than a wealthy one.
(Clearly I am referring to the life experience, rather than how much money they have and how they spend it.)
That's an amazingly reductive take on a complex issue, and it infers something which was not implied.
At no point did I suggest that walkable cities were not in demand, only that the current state is less than ideal for a large number of people, to which your solution was "be rich".
No my point is that if OP were wrong then these places would be cheap.
I don't understand why you're phrasing that like it's a dichotomy. It's clearly both.
It's almost like the US has a... missing middle?
There are many teachers, social workers, and bartenders living on the UWS. Hardly the top 0.1%.
The UWS above 96th is quite affordable. Manhattan Valley is pretty, safe, and close to the park.
According to Zillow they start at about a million for 2/1 apartments and go up from there.
We have completely different definitions for affordable, unless $250K+/yr jobs are just falling out of the sky.
Renting is perfectly fine. NYC has the strongest tenant protection laws in the country.
Renting has to support the mortgage on that. The only difference between being able to afford a house and affording rent is having the capital for a down payment
That’s not really true. Renting is significantly more affordable than buying in NYC right now. I don’t know the exact reasons, but presumably most landlords bought a long time ago and refinanced when rates were low.
I imagined they thought you'd consider renting, not just buying. (It's still expensive, but not top-0.1% expensive.)
Just rented a 2 bedroom on the Upper West Side. The rent is $4600 a month. And these bedrooms are tiny.
Not everyone can "simply move to" Upper West Side.