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[quote=Anonymous][quote=Anonymous][quote=Anonymous]
I don't think anyone is saying there are no children in NYC. But the number of children is apparently declining. And it's easy to see why. It's not just UMC people flocking to the suburbs and bigger quarters/better schools but it's also poorer people being priced out too. [/quote]

I am not saying that rising RE prices in NYC and DC are not a problem, they are.   I mean even large apts in NYC are expensive because supply has failed to keep up with demand.

All I am saying is that to make it possible for families to live in high demand cities, we need BOTH sufficient apartment/condo supply to be relatively affordable, AND we need it to be acceptable to raise a family in an apt/condo.  The latter is already the case in NYC, but the former fails.  In DC we don't have quite as far to go on the former, but further to go on the latter. [/quote]

It's acceptable in NYC, because there is simply NO.OTHER.OPTION. A fixer upper crappier rowhouse in Manhattan, not in the best area is 5 mil, in Park Slope, which has 45 min commute to most city jobs is 2m minimum. That's a house that needs work. RE Taxes are also way higher in Manhattan. Most people given choice would not choose to live in apartments, but they must compromise commuting, and driving between boroughs and Manhattan is way more of a nightmare than driving between burbs in DC due to geography and sheer number of cars and population, even on weekends. So many don't want to go to Brooklyn and instead buy a 3 bedr apartment in Manhattan (a starter one would run you about 2 mil in a good school zone) even though they could buy a small brownstone or a rowhouse somewhere in closer parts of Brooklyn which are trendy enough.  Most buildings are coops and people pay into this, they also pay way crazier condo/coop fees and RE taxes than other cities (even SF). Lots of people rent as a result and then many do move to the burbs and commute by train when they can establish that only one income is enough to survive and/or they can arrange partial telecommute.  Otherwise, they join the grind of 2 parents being away from home for 10 hours a day 5 days a week, with commute consuming 3 hours of their time door to door, with lucky ones living maybe 1 hour each way door to door.  45 min door to door commutes mean you live in Manhattan or have a very lucky arrangement of outer borough/close-in Jersey living with your job and your home very close to a subway/train.  Also transit costs are exorbitant when you use LIRR/Metro North vs. Subway/city bus, but it's way more comfortable.  Do you get it now why and what forces families to embrace family apartment living? [/quote]

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