A sizeable proportion of New Yorkers, including more than one-third of those under age 30, may soon be sending out change of address notifications, but those new homes will not be in New York State. According to this NY1/YNN-Marist Poll, 26% of adults in New York State plan to move someplace else in the next five years while 67% say they will stay. Just 6% are unsure. Similar proportions of registered voters statewide share this view....Regionally, about one-third — 33% — of those in the suburbs of New York City, 26% of those upstate, and 24% of New York City residents report they will make their exit....Of residents who expect to leave New York, more than six in ten — 62% — cite economic reasons like jobs, the cost of living, or taxes. 38%, however, report non-economic reasons such as the proximity to family, overcrowding, quality of life, schools, or retirement as the catalyst.
When I read these statistics I become worried about the prospect of selling my house in the suburbs. Who will buy my house when I'm ready to sell?
It doesn't surprise me that 74% of suburban registered voters support Governor Cuomo's proposed 2% property tax cap.