On: Fleeing New Yorkers resulted in an estimated $34B ...

[ed25519FUUU]

So in summary no matter what rich people do, they're the problem.

[MetalGuru → ed25519FUUU]

Seriously. The argument is that rich people come in, raising rent due to increased housing demand and constant supply, which pushes poor people out. But the reverse (rich people leave, rental demand decreases, lowering rents and allowing poor people to come back) isn’t true. Makes perfect sense /s

[jfengel → ed25519FUUU]

Yes. Every time rich people displace poor people, it's a problem.

There are a lot of things that rich people can do besides displace poor people. Maybe you can think of some.

[CydeWeys → jfengel]

Unfortunately we have zoned our cities such that we can no longer build enough housing to accommodate everyone. The pain of that will always fall the most on those who have the least to pay.

[vrperson → ed25519FUUU]

Unless you are rich, then poor people are the problem.