Thursday, June 30, 2016

There will be nine million stories out there ...

There's an old saying about NYC: "There are eight million stories out there."

Today, there's over 8.5 million stories. And it's keep growing. And growing. And growing.

By 2040, it's projected that NYC will be nine million stories strong. 

Oy vey.

How high can it go? Where will they all live?

This article takes an exhaustive look at the city's population boom, at the perils and the promise of NYC as a growing phenomenon. 

When I was a kid, the problem was population decline. Now it's the opposite. 

The amazing thing is that as the city gets more expensive to live in, more people than ever want to live here! It makes a total mockery of the economic theory of supply and demand i.e. when the supply of something gets more expensive, the demand for it decreases. Here it's the opposite -- the cost of living in NYC keeps going up yet more and more people want to pay it. Strange. 

Just goes to show you, people love NYC and want to live here ... no matter the price.

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