The Billion-Dollar New York City Exodus

Posted by Michael Kern

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During the Spanish flu of the early 20th century, people were fleeing big cities trying to escape the virus, just as the wealthy of London did during the 16th-century plague … and just the wealthy of New York City in 2020’s COVID-19 pandemic.  They fled the city and headed to the suburbs, or even more rural areas, with New York Governor Andrew Cuomo warning about the city’s density when it first went into lockdown in March. “There is a density level in NYC that is destructive. It has to stop and it has to stop now. NYC must develop an immediate plan to reduce density,” Cuomo Tweeted.

Similar to many end-of-the-world movies, the pandemic has caused a large number of urban residents to move out of the cities to rural areas or the suburbs…CLICK for complete article