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    [OC] Suburban Flight around New York City
    Data

    [OC] Suburban Flight around New York City


    Home prices have soared since the start of the Covid-19 pandemic, but a rising tide has not lifted all boats: home prices in the suburbs and exurbs have risen far faster than in city cores. Of the 50 largest U.S. metros, New York’s 48-point urban-exurban gap is the widest in the country.

    Data: Zillow (prices) and Census Bureau (map geometry; ZIP codes).
    Tools: Python -> SVG -> Adobe Illustrator

    Posted by ComparisonFun6361

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    6 Comments

    2. azzers214 on

      City cores are too expensive in general and often priced more as “assets” then places people can reasonbly live in.

      Most of the wage folks (bus boys, waiters, labor, etc.) in NYC couldn’t pay rent if they didn’t already have houses in the family or have an unreasonable commute to get to their job.

      NYC’s big problem right now is those core city prices. People need to work in NYC and it’s almost all going to landlords which makes just about every other city more appealing. It impacts both storefronts and the public. What’s ugly about saying that is in some cases, these are family houses that have been there since it was middle-class or poor. Not a ton, but they’re still there.

    5. Low-Helicopter-2696 on

      I lived in a suburb 12 miles outside of the city during COVID. Real estate there was always a hot commodity. Most houses would sell after the open house with multiple offers.

      Once COVID hit, pretty much everyone who is living in Brooklyn or Manhattan and had a 5-year plan to get out of there accelerated that plan since everybody was working from home anyway.

      A lot of people in that town decided to relocate somewhere cheaper and capitalize on the feeding frenzy, myself included.

      The data in this picture encapsulates it perfectly. The flow of residents was decidedly out of the city, which of course created greater demand for real estate in the suburbs, and less demand inside the city.

    6. ToonMasterRace on

      Caused by crime, social disorder, and high cost of living for people that actually work or pay taxes. Mamdani is surely gonna remedy this problem…