From the NY Post:Native New Yorker Marie King loves the Big Apple and always will, but she had to head south with her 16-year-old son, Michael, to pursue her goal of owning a home.
King, 52, a retired NYPD detective and single mom, left her rental in the leafy Pelham Bay section of The Bronx to own her own place in St. Petersburg, Fla.
The Post reached out to ex-New Yorkers after an Empire Center for NY State Policy study found that a whopping 1.5 million residents abandoned the state from 2000 to 2008 -- most from New York City.
King and other refugees said they were squeezed out.
"I couldn't afford a home in my old neighborhood. They go for $500,000 and up. It was ridiculous," said King, who works part-time and collects a pension.
She lives in a duplex that cost less than $185,000. Her monthly mortgage payment is $1,100, which covers her $2,000 property-tax bill. There is no state income tax in Florida.
King also was pleasantly surprised to learn that her auto insurance was $800 a year, or less than half the $1,700 she paid in the city.
27 comments:
Get your moving vans...life under Bloomberg
http://bloombergwatch.com/index.php/11/2009-mayoral-election-returns/
http://www.youtube.com/watch?v=_JyiQKfAat4
commentor on my tube calls for a recount.
might i point out that this woman is leaving with a pension subsidized by the remaining NYers. not a good situation.
No way she can compete with rent payments in one apartment with four Mexican gardeners, four Filapena nurses, four Chinese delivery boys, four midwesetern hicks from the sticks making it in the Apple.
No way.
And those groups are also subsidized - in ways large and small - by the machine.
She works part-time and expects to be able to buy a big house in New York City?
So long, don't let the door hit you on the way out.
She works part time and has a pension.
You can do that in other states and live comfortably.
It doesn't say she did that while in NY.
I wonder if we passed the point of no return? I hope not.
Imagine what New York will look like in four years....
Fortuantely, both me and my wife make a good living and were able to afford a middle-class home in our late 20s.
But this is only under the condition that we dont have kids for a while.
I was taken aback just last night as i watched HGTV and saw a family shopping for a 4Br house down south while the husband worked for a cable company and wife was a stay-at-home with 4 kids.
Living in NYC makes you think things like that just arent possible anymore.
True it is that middle class people are leaving BloomShitty.But only those who fit this profile, which is very revealing. yYs, city workers who just retired after 20 years or so at a good deal--and still able to supplement by working. These are competent, hard working people that we should not lose, but they got a good deal and are splitting. The rest of us...well, not so lucky. I won't be able to retire after 40 years, 50 years , or even 60 at this rate.
the police union should have subsidized housing ala elechester throughout the city to encourage residency
I guess it wouldnt help much with home ownership. How does anyone else do it?
Imagine what New York will look like in four years....
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I venture to guess about the same as it does not except with flying cars and jetpacks.
Imagine what New York will look like in four years....
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I venture to guess about the same as it does not except with flying cars and jetpacks
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meant to type "now" not "not"
meant to type "now" not "not"
I guess it's hard to type and masturbate at the same time.
meant to type "now" not "not"
I guess it's hard to type and masturbate at the same time.
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not so much
Husband and I both work full time, no kids, and its still not enough to afford a $500K+ house. And mind you, for crappy neighborhoods, with poor transportation and lousy schools. We're already packing..
these greener pastures have proven risks to potential homeowners, from the north.yearly,from august to november, one will be stressed by weekly storm/hurricane activity.to move inland quickly,or risk your life?will my life investment (my home) be destroyed.i hear the insurance industry may not cover this type of loss? traveling builders often scam their stunned clients.
it is all a roll of the dice.it will be worth it,if the hurricane storms out to sea. i suggest a rental, until you experience the first hurricane. i lived through two in the 1950's. this ex-lady cop now lives in hurricane alley. good luck. enjoy the heat!!!
I guess it's hard to type and masturbate at the same time.
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not so much
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Aha! Thought the solution was at hand!
I bought 6 acres in central Kentucky last month.I hope to start building my zero energy home in the spring.Nothin fancy ,3 bedrooms,3 car garage,about 2500 sq feet.Total cost wth land just under 300k.taxes will be about $1800, you can't get this in nyc.I n nassau/westchester this is at least 1.5 mil,i can't even imagine the cost taxwise.And i too will take my city pension with me.
I bought 6 acres in central Kentucky last month.I hope to start building my zero energy home in the spring.Nothin fancy ,3 bedrooms,3 car garage,about 2500 sq feet.Total cost wth land just under 300k.taxes will be about $1800, you can't get this in nyc.I n nassau/westchester this is at least 1.5 mil,i can't even imagine the cost taxwise.And i too will take my city pension with me.
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didn't you post these plans a few months ago? Pre-purchase I assume.
nice for you
Its not just the city, but the entire Tri-state area that people are fleeing. It has little to do with Bloomberg, and plenty to do with the fact that NY is still a desired place to live and work. The salaries are higher and so are the homes. Yes move from NY to a cheaper place...Atlanta? Terrible schools and higher crime. The Carolinas? Even worse schools. Florida...bad schools AND tons of tropical storms. There are trade offs to buying that $180K house.
And to the other poster...Kentucky? Thats great if you like that life. But you can't really compare Kentucky to the amenities of a large city like NY. Both good and bad.
Anonymous said...
She works part-time and expects to be able to buy a big house in New York City?
So long, don't let the door hit you on the way out.
++++++++
retired nypd now working part-time-raised 1 kid-
cost of a single family in my area start at 650,000--2 family 850 and keep going,factor in real estate tax,water/sewer,homeowners ins etc--quite an amount.
rents are still off the wall here as well-1500-1600 /1bedroom.
how is it worth it ?
don't let the door hit US on the way out ?
we came here legally over the decades and got nothing for free and didn't look for anything either.
we literally built this city and had great pride in that too.
Looking around here now all we see is a massive pile of $hit,illegals,unassimilated people getting rewarded for this as well,high schools on triple session for more than 40 years,taxes to pay for all this--
why would anybody break their back when there are other states with no taxes beyond federal/sales tax,less crime,second amendment rights and being those that MOVE are motivated,they will find employment and pay their bills-
make sure you don't catch your fingers in that door....it's deadly. and one finger is worth more than a nyc address ,aggravation and taxes.
this place blows,and everybody is amazed that we are leaving,their comments being that we are the few remaining that came via our established family chain of sponsored immigration and that we stuck it out as the area went down and up twice already--we weren't a part of white flight -and still aren't.
we simply WOKE UP.
Typink und masterpating. Vat vill zey dink uf next? Ja, ja. Har, har, har.
Its not just the city, but the entire Tri-state area that people are fleeing. It has little to do with Bloomberg, and plenty to do with the fact that NY is still a desired place to live and work.
Yes! Fleeing people = desirable place to live and work.
Single-family homes in good middle class neighborhoods in NYC do not start at $650k. That is just ridiculous. Nowadays you can probably get a good place in the low $400s, or even less depending on size.
I went from a 400 sq ft illegal basement apartment in Queens to a 2000 sq house in Atlanta. My mortgage is less than my NYC rent was and my car insurance is 1/4 what it was. :)
All that will be left will be a bunch of trustafarians and mexicans.
Sounds good to me. What's the job situation in Atlanta?
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