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Originally Posted by 1967 R50/2
This was the way it was in the New York city area...everyone was fleeing the hostile and expensive city to go live in the suburbs. You remember...the bad old days back when they made films about New York like
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Let's be fair here. NYC is still an insanely expensive place to live and shop. It's grossly overtaxed and overregulated. But Bloomberg has done a lot of that, while Giuliani cleaned up the crime, which helped the property values and thus prop. taxes a lot. Giuliani also cut taxes a lot. I read that some huge percentage of NYC's tax revenue comes from around 20,000 residents and that if even a handful of those folks decided to move, the city would go BK very quickly. However, having grown up in NJ during the Koch and Dinkins days, I knew NYC very well and there was a very noticeable difference once Giuliani went to work on the place. I remember my frist trip there after he became mayor and I saw those blue police barricade lining all the sidewalks, so people would only cross the street at crosswalks. That was a real shocker.