Protracted Lockdown Measures, Crime, High Taxes Are Driving People Out of NYC

Protracted Lockdown Measures, Crime, High Taxes Are Driving People Out of NYC
Times Square stands mostly empty as much of New York is void of cars and pedestrians amid the CCP virus pandemic on March 22, 2020. Spencer Platt/Getty Images
Petr Svab
Updated:

As the dust of the pandemic lockdown settles and restrictions gradually ease, the contours of the ruin caused in New York City are emerging. Restaurants bankrupted, culture paralyzed, and gun crime harkening back to the mid-1990s. The rich and middle-class are leaving in droves. The poor are stuck. A homelessness crisis looms on the horizon. Those who stay cling to rickety hopes—perhaps the vaccine will come soon, perhaps the city and state bring leadership. Instead, politicians are talking more taxes.

The Epoch Times spoke to more than a dozen professionals in real estate, mortgage, relocation, housing aid, and parenting aid to map the situation in the city and sketch out a prognosis of what’s to come.

Petr Svab
Petr Svab
reporter
Petr Svab is a reporter covering New York. Previously, he covered national topics including politics, economy, education, and law enforcement.
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