Thx for this great article. It really is eye opening. So instead of rejecting the leftist policies that have dominated and destroyed the state for decades causing businesses and wealth to flee in mass the people have chosen to double down. My family will be leaving and taking our high income jobs and businesses with us. Have Cuomo, AOC, Schumer or Deblasio learned how to print money yet? They will need that skill because real wealth is running out of NY. Personally, we will leave this state for the crooks and welfare addicts. When Carl Heastie is a "conservative" it's time to flee. BTW does anyone think he or anyone else in that position is less corrupt than Sheldon Silver? It's not the person it's the position, it breeds corruption and you literally cannot hold the position and be honest.
Have you noticed that both NY and CA and now Illinois are looking for ways to tax people who leave or have left?
You only do that when you see no chance for growth and your watching the taxable wealth and income walk out the door.
I think it is that both CA and NY convinced themselves that they were indispensable, that people just HAD to be there to be successful in business or tech. That may have been true before the advent of broadband where it is now practical to work from home or in a location that is far less expensive. Now, as a business person, I can look at putting people near small, charming, second tier cities in states with much lower costs of living where my people can have better lives with what I pay them and less stress.
10 years ago getting decent broadband required being in a major city. Now? I'm in central Virginia with fiber running right up to my house.
Great commentary. I'm actually a bit curious if or why we haven't seen official "left" caucuses formed in either the senate or assembly. I don't think it'd make a huge difference with legislating but would make it a bit clearer the power balance, cause Heastie already saw a 1/4 of the dems vote down the last budget and the handful of leftists added in 2020 will only make that a harder conference to wield.
With remote work taking off it is going to be a lot easier for companies and people to move out of the state. Look at what is happening to CA and to Illinois.
Texas is booming. Florida is booming again. Low taxes and business friendly.
Just on my team alone, I have had people move to Austin and to south Florida.
In fact, my company is closing their offices in the city and going to a hoteling model with small satellite locations or colocated agreements in places that our staff wants to live. GENERALLY, our staff like warm places with a low cost of living and low taxes.
NY aint sexy anymore. It feels old, tired and desperate. There is no need to physically be there anymore or Boston or LA or Chicago either.
These fools in the capital are going to just make it that much more appealing to those who can to leave the state. Those who get out early, before property values start to really drop will benefit most. Right after that will be people who rented. The group left holding the bag are going to be those who could not sell their property for what they needed to get out. That last group is going to either have to rein in the legislature, pay a much higher tax burden or due with dramatically lower government services.
All I can say is that I am SO grateful that I got out way ahead of the crowd. My taxes are so much lower, the cost to live is so much lower, the weather is so much nicer. There is plenty of work.
Hate to say it, but it would surprise me not at all to see NY reach a point where they have to pay people to move into the state the way that some midwest states are doing now. Even then, they would need to cut taxes dramatically.
I moved to central Virginia. Northern VA is getting to be like NY or Boston only cleaner and everyone works for the federal government in some capacity or serves those who do.
I get 4 nice seasons but never the heat of FL or the nasty cold of the Northeast. Housing is reasonable. State taxes are not unreasonable. Property taxes in my county are reasonable. I'm surrounded by wine and horse country with some excellent little restaurants around. Its a rare day I see traffic and even then it probably would not even be considered to be traffic back north. Got two local farmers markets to shop at. Public schools are not bad and there are good private ones that cost about half what they would in NY. Nobody looks at you wild eyed if your out with a shotgun either hunting or shooting trap. Very very little of that woke BS that seems to permeate the big cities. In fact, for being in the country we have a pretty diverse population but people seem to get along well. Maybe thats because there are far fewer people and so its a lot harder to self segregate and you tend to know most people by at least sight. Great university system with Virginia Tech, UVA, William and Mary, etc.
All that and IF you want to get to DC for a night out in Georgetown it is only about a 70 minute drive before or after rush hour.
I honestly do not understand why people put up with what they do in NY, NJ etc. There are SO many other places in the country to live that are just great. Austin is just amazing. San Antonio as well. Nashville is terrific. Both of the Carolina's are wonderful and I love Atlanta or even better Savanah.
Other thing I have noticed? People are a lot less rude and a lot more polite and generally nicer than they are in the north.
Thx for this great article. It really is eye opening. So instead of rejecting the leftist policies that have dominated and destroyed the state for decades causing businesses and wealth to flee in mass the people have chosen to double down. My family will be leaving and taking our high income jobs and businesses with us. Have Cuomo, AOC, Schumer or Deblasio learned how to print money yet? They will need that skill because real wealth is running out of NY. Personally, we will leave this state for the crooks and welfare addicts. When Carl Heastie is a "conservative" it's time to flee. BTW does anyone think he or anyone else in that position is less corrupt than Sheldon Silver? It's not the person it's the position, it breeds corruption and you literally cannot hold the position and be honest.
Have you noticed that both NY and CA and now Illinois are looking for ways to tax people who leave or have left?
You only do that when you see no chance for growth and your watching the taxable wealth and income walk out the door.
I think it is that both CA and NY convinced themselves that they were indispensable, that people just HAD to be there to be successful in business or tech. That may have been true before the advent of broadband where it is now practical to work from home or in a location that is far less expensive. Now, as a business person, I can look at putting people near small, charming, second tier cities in states with much lower costs of living where my people can have better lives with what I pay them and less stress.
10 years ago getting decent broadband required being in a major city. Now? I'm in central Virginia with fiber running right up to my house.
Great commentary. I'm actually a bit curious if or why we haven't seen official "left" caucuses formed in either the senate or assembly. I don't think it'd make a huge difference with legislating but would make it a bit clearer the power balance, cause Heastie already saw a 1/4 of the dems vote down the last budget and the handful of leftists added in 2020 will only make that a harder conference to wield.
God help New York.
With remote work taking off it is going to be a lot easier for companies and people to move out of the state. Look at what is happening to CA and to Illinois.
Texas is booming. Florida is booming again. Low taxes and business friendly.
Just on my team alone, I have had people move to Austin and to south Florida.
In fact, my company is closing their offices in the city and going to a hoteling model with small satellite locations or colocated agreements in places that our staff wants to live. GENERALLY, our staff like warm places with a low cost of living and low taxes.
NY aint sexy anymore. It feels old, tired and desperate. There is no need to physically be there anymore or Boston or LA or Chicago either.
These fools in the capital are going to just make it that much more appealing to those who can to leave the state. Those who get out early, before property values start to really drop will benefit most. Right after that will be people who rented. The group left holding the bag are going to be those who could not sell their property for what they needed to get out. That last group is going to either have to rein in the legislature, pay a much higher tax burden or due with dramatically lower government services.
All I can say is that I am SO grateful that I got out way ahead of the crowd. My taxes are so much lower, the cost to live is so much lower, the weather is so much nicer. There is plenty of work.
Hate to say it, but it would surprise me not at all to see NY reach a point where they have to pay people to move into the state the way that some midwest states are doing now. Even then, they would need to cut taxes dramatically.
Where did you go? NY is hopeless. They are claiming Carl Heastie is a "conservative." Lol
I moved to central Virginia. Northern VA is getting to be like NY or Boston only cleaner and everyone works for the federal government in some capacity or serves those who do.
I get 4 nice seasons but never the heat of FL or the nasty cold of the Northeast. Housing is reasonable. State taxes are not unreasonable. Property taxes in my county are reasonable. I'm surrounded by wine and horse country with some excellent little restaurants around. Its a rare day I see traffic and even then it probably would not even be considered to be traffic back north. Got two local farmers markets to shop at. Public schools are not bad and there are good private ones that cost about half what they would in NY. Nobody looks at you wild eyed if your out with a shotgun either hunting or shooting trap. Very very little of that woke BS that seems to permeate the big cities. In fact, for being in the country we have a pretty diverse population but people seem to get along well. Maybe thats because there are far fewer people and so its a lot harder to self segregate and you tend to know most people by at least sight. Great university system with Virginia Tech, UVA, William and Mary, etc.
All that and IF you want to get to DC for a night out in Georgetown it is only about a 70 minute drive before or after rush hour.
I honestly do not understand why people put up with what they do in NY, NJ etc. There are SO many other places in the country to live that are just great. Austin is just amazing. San Antonio as well. Nashville is terrific. Both of the Carolina's are wonderful and I love Atlanta or even better Savanah.
Other thing I have noticed? People are a lot less rude and a lot more polite and generally nicer than they are in the north.