Evening_Presence_927 t1_j1tmkvl wrote
Reply to comment by shin_datenshi in NYC shootings and murders down: Mayor Adams by Darrkman
What have you seen and read from this year? It can’t be that true if the demand for rentals are as high as it is.
shin_datenshi t1_j1tmwwj wrote
goalposts moved again? fine.
Joe Robison is a data reporter for moveBuddha.com.
2022 moveBuddha data shows that Webster, NY has the highest move ratio so far this year, with 134 moves in for every 100 moves out. The next highest cities are Ithaca, NY (127 to 100) and Fairport, NY (126 to 100).
The worst move ratio goes to Jamaica, NY with only 27 moves in for every 100 moves out. Followed by Bronx, NY (36 to 100) and Staten Island, NY (27 to 100).
Those leaving New York in 2022 are mostly headed to Florida, California, and Texas, in that order. Together, they comprise of over 40% of moves out of NY.
moveBuddha’s data in 2022, shows NY has the #4 worst move ratio.
Are people leaving New York in 2022?
Start spreading the news: Plenty of New Yorkers are leaving today. And while NYC is seeing the most out-moves compared to welcoming new residents, almost everywhere in the Empire State is feeling some loss. What are the cities with the biggest influx and outflux?
New York state has long been a place where immigrants and dreamers could come up in the world, a place that knows what it means to make it big. New York City rose to the top of the U.S. population charts by 1850, partly because it helped grow the state’s economy with the Erie Canal and the country’s first regular rail service across the state, building thriving communities from Albany to Buffalo. But the tide is turning.
In 2020 alone, New York City experienced a temporary exodus of residents relocating to avoid the COVID-19 pandemic. Not only is NYC one of the densest in the country, but it was also a pandemic epicenter early on, reinforcing the idea that those huddled masses weren’t safe for residents yearning to breathe free. Add the possibility of remote work and the high cost of living, and New Yorkers found it was time to make their move. Upstate, residents continued their exodus, too.
But while the pandemic was temporary, New York state’s outmigration has proven to have staying power. We wanted to look at the moveBuddha data to find out who is leaving the Empire State, which cities they’re leaving, and where they’re heading.
Table of Contents
I. Moving to New York: Statewide trends from the last decade and during the new decade’s great migration
II. 2022 Forecast: Which New York cities are surging in popularity and which are losing residents?
III. Real Insights: We asked locals, why are people leaving New York?
IV. Sources and Methodology
I. New York Exodus
New York lost more residents than any other state from April 1, 2020 to July 1, 2021, according to U.S. Census population estimates. During this time, the state registered the biggest numeric decline in the country, at a 319,020 population loss. And that makes sense, largely because of how hard NY was hit by the COVID-19 Pandemic during this time.
moveBuddha data from 2022 shows that the state of New York hasn’t bounced back. It ranks alongside other states seeing significantly more moves exiting the state than moving in:
New Jersey
California
Illinois
New York
According to search queries from the first 6 months of 2022, New York has the #4 worst move ratio, with only 65 searches in for every 100 searches out.
Both moveBuddha and U.S. Census data show that, as a whole, New York is seeing fewer people move in than out over the past few years. And the trend shows no signs of slowing down: New York moving searches make up 10.4% of moveBuddha’s total queries from January 1, 2022-August 5, 2022.
Locations near New York City account for the biggest losses, even adjusted for population. In fact, the U.S. Census shows that 4 of the top 10 counties in percent population decline from April 1, 2020 to July 1, 2021 are in New York:
#1 New York County (-6.9%)
#6 Kings County (-3.5%)
#8 Bronx County (-3.2%)
#9 Queens County (-3.1%)
Virus or not, the recovery of counties surrounding New York City may mirror that of other pandemic patients—slow, and full of setbacks. Here are some common culprits that could be responsible for New York’s high number of out-moves:
Economic Trouble: The pandemic shuttered a third of New York’s businesses, and current unemployment in New York County is 11.2% (the national average is just 6%). Underemployment is also a problem, particularly for people of color.
Skyrocketing Rents: While fewer residents are employed, average rents have risen every year for the past five years, despite the declining population.
Cost of Living Crisis: New York City is the most expensive place for renters in the nation, and the cost of living is 87% above average. Without jobs, it’s hard to imagine how rents have soared 39.9% year over year.
High Taxes: With common origin states having some of the highest taxes in the country and destination states having some of the lowest, many point the finger at taxes.
Where are Empire State residents going? According to moveBuddha data, Florida, California, and Texas top the list, making up over 40% of all out-of-state moves.
now you may draw whatever conclusion you may, that's what you're entitled to. But I don't have to sit here and entertain everyone's nonsense either. Someone too lazy to Google for themselves insulting me for citing an article I NEVER said I agreed with. That's enough of that for today.. some of y'all are hopeless, I could waste my time forever and they'd never make any progress.
Evening_Presence_927 t1_j1trk5a wrote
I never moved any goalposts, I simply asked for sources.
Can you show me this data directly from moveBuddha?
shin_datenshi t1_j1u7cul wrote
I provided the source friend. I just googled these things using basic search terms. Go find it if you care, I'd love to hear more or discuss further. If you really can't I'll dig up whatever I clicked on from my history, all good.
The "demand for rentals" is a big line of BS just like everything else our state gets their disgusting greasy fingers on. Haven't noticed yet? Genuinely. The prices doubled in a year, there is no reason like oil racketeering or demand or COVID or the semiconductor crisis or the fact that Suffolk lost everyone's SSN and personal info this year, the Ever Given, all the global conflicts. IS there high demand? absolutely. But it's just being used as an excuse, it does not correlate remotely with the actual (what it should be for any average NY property) and thousands fell for it so they'll keep selling their lie.
add ALL that together and it still doesn't explain why rent in the US is 200% of what it should be across the board and my coffee cost 5 dollars instead of 2. Don't want to believe me? lucky for you. Unfortunately I have to be relatively on the pulse of these industries to make a living so I simply don't have the luxury of ignoring it.
like I said anyway, most importantly it's still December. You can't rely on any of those types of metrics not to be wildly adjusted or re-contextualized after even 1-2 years of hindsight. right now looking at 2021 and 2020 will give you more useful info anyway.
E: also it wasn't just you, i apologize. every single reply had some secondary qualification that wasn't very relevant or required minimal effort to validate without having to make me do it because people are lazy. Normally i make people pay me to deal with this nonsense.
Not like anyone here ever admits when they're wrong so no big deal at all. My property doubled in value this year and I think it's the dumbest thing ever because if anything it's a much worse place to live than the last time taxes and properties were evaluated by far, so anyone can argue that however you please, seriously I want to understand.
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