Reply To: Exodus From NYC

@Abba S, quite a number of jobs can not be given to third world county simply because it is far to complex, for example telemedicine requires a state licensed doctor, Insurance requires a state license, Social Worker, Engineer, etc. Yes some back office work can be farmed out off shore but that stuff was happening pre covid.
As to the evictions by the time the moratorium runs out they will owe as least a year plus the process takes at lease another year so we are looking at 2 years of back rent, to complicate matters a lot of the lower income tenants work in jobs that they cant work remotely, i.e. office cleaners, hotel employees, restaurants, retail employees and many of those job disappeared.
I am scared NYC will look like it did in the 1970s with people abandoning buildings.