Skip Navigation

Mexicans Will Save Manhattan RE

Started by somewhereelse
about 16 years ago
Posts: 7435
Member since: Oct 2009
Discussion about
Response by alanhart
about 16 years ago
Posts: 12397
Member since: Feb 2007

The first thing I thought when I read this article is that they're wiring their money north prior to having themselves shipped north to get in on the big amnesty free-citizenship jamboree -- not 3 million like last time, not 14 million like next time, but 12 million!

Ignored comment. Unhide
Response by NYCMatt
about 16 years ago
Posts: 7523
Member since: May 2009

It's not just Mexicans who are helping their unemployed family members in NYC. Manhattan property (rentals AND owner-occupied units) are being propped up by relief payments sent from Moms and Dads in LA, Saint Louis, San Francisco, Toledo, Louisville, Pittsburgh, and Wilmington.

That's what's happening to several unemployed friends of mine who used to be the "rich" relatives in New York. USED to.

Ignored comment. Unhide
Response by alanhart
about 16 years ago
Posts: 12397
Member since: Feb 2007

But that's balanced by fewer small-scale trust fund brats being sent here to squander their lives and their parents' (dwindling, house-as-ATM) money.

I meant 48 million next time, not 14. I'm math-challenged, even for simple straight-line progression.

Ignored comment. Unhide

Add Your Comment