Wait. Are you telling me that people would be willing to pay a small premium for living in a place that isn't a shit hole, surrounded by content people who aren't feeling murderously angry about crappy circumstances beyond their control?
Huh.
this post was submitted on 05 Dec 2025
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How ever shall the millionaires afford that?
Cuomo said he'd move to Florida, hopefully the supposed Mamdani effect at least works on him.
For most people, but especially for the rich, a liveable environment is far more important than a bit more money. Nobody who has saving money as their first priority is going to be living in New York anyway. But a liveable city that's safe, fun to be in, and that you can move around in without fearing for your life, those are far more important to most people.
So I'm not surprised that Mamdani's victory is drawing more people to NY.
Literally if I was loaded I'd love to live in NYC despite it being expensive. Because (and I can't stress this enough) YOLO. Spend your life enjoying it, not saving up every single penny. And in this case, the taxes can contribute to enjoyment through increased safety and other livability factors.
This is obvious when you think about it even a little bit. You can't buy safe streets.
What's the point of being ultra-rich when you have to step outside into Phnom Penh and watch how toddlers collect scrap?
They’ve been saying that wealthy people would leave nyc for at least 20 years. Fear mongering.
A lot of people did leave, following covid.
I mean, it sounds like the number of millionaires leaving did go up. It's just that there are plenty of other ones willing to replace them.
These may have also been homes already up for sale.
...as much as they campaign against it, wealthy people understand that when the chips fall, the "fairest of them all" always wins...they will steal and cheat as much for as long as they can, but most understand the guillotine...this is not new...this has been happening for about, quick and check my post history, 4000-3000 years...we decided pyramids were more effective and pretty...
And if it WAS a real thing, it would mean fewer people in NYC, which would make it more affordable, would've been positive either way.
escape to Florida
Lol
Probably most of those stating they’d run away already had Florida or other avoid-NY-taxes out of state license plates on their cars before the election.
After decades of posing socialism as the root of all evil it is remarkable how it's really not.
About time. We've seen so much evil that's unconnected to socialism.
Why would any rational person move to Florida? Lmao.
Not that it's a good state to be homeless, but at least you don't freeze in the Winter.
Maybe if you own a business and want the freedom to dump your toxic waste directly into water sources. Or if you sell meth.
Are you telling me that people don’t want to move to the FREE STATE OF FLORIDA?
That's too bad
It's good for the well-off to be pro-socialism.
What a surprise
No one is leaving NY because Florida does not have decent pizza or italian sandwiches.
Is there even a museum in Florida without fake animals?
They don't want to be big fish in small ponds, they want to be big fish in big ponds, hence why Indianopolis or Cincinnati or whatever other big but not NYC big towns didn't see billionaires rushing in.
Eh, I went to a few pretty good museums in Key West once. Although, they also tried to become The Conch Republic for about a day that one time, so maybe they don't count as mainland Florida.
I imagine the ones who do want to leave are having trouble selling their $30 million mansions.
Well There's Your Problem did a recent episode on the atrocious new "needle" towers in Manhattan and what a disaster they were because of how impractical and unaffordable they are.
Rich people fleeing because of a "socialist^TM^" politician in power is a complete nonsense since FDR. Even Warren Buffet called it out. Sure, some leave, but it is usually just a handful who do.
I also think that many rich people decided to stay and buy property in New York is because they actually know that Mamdani is a more stable economic hand than GOP states such as Florida. Plenty of tycoons low key wish for America to "Make America, America Again" because they are anxious of Trump's chaotic economic policies; so much so that JP Morgan CEO threw his support on Mamdani, the same CEO who implored people to divest away from the US.
This is interesting because it contradicts past examples such as London. It's slightly less interesting, though, because the Rich leaving actually doesn't have a lot of practical consequences: they're leeches on the local economy and outsource labor often.
This is bad. He's supposed to be making rent not go up
These are house sales, not rentals.
Exactly. Zero things will change with him – good and bad, nothing will happen