New York on Track for Fewest Murders on Record

falco, we don't like good news (read: counter to the bears most staunchly held beliefs) here. please take your news to candyland

well, looks like I was wrong when I predicted that crime would increase. However, let the record show that I am the only SE poster to openly admit I was wrong.

Happy New Year Prez!

There's still time, but I also thought we'd be having a moderate increase in crime rates about now. Glad to know it is otherwise.

It doesn't matter so much to the "bear" case, though. Crime rates were also going down 1990-1996, yet real estate prices also kept going down. I think that perpetually falling crime rates have been priced into NYC real estate at least since the third season of "Friends" aired.

Well, thank you President for at least acknowledging the wrongness of the "crime's goin' up" chants quite of few regular posters unreservedly pumped out in posts a year or so ago. You can now say it doesn't matter that crime is actually continuing to go down making NYC the safest large city in the country, but I find it a bit self-serving since you were among those saying it would matter if it went up. So the position now, if I am hearing you correctly is: you had felt RE would go down fueled in part by crime going up; but now that crime is going down you say RE will still go down. So in essence, crime has nothing to do with prices you now say; yet you and many others clearly said it did have to do with prices a year ago. Why did you say that if crime doesn't impact prices? Forgive me. But do you follow what you are saying, because I don't think I do.

Crime is absolutely a factor, though one of many.

That being said, much of the potential crime increase worried about was coming from reduced police departments... the stimulus actually delayed much/most of that. Unless they keep doing stimulus forever...

Thank you somewhereelse. Once again I read that good news is not actually good news and should be discounted. Incredible.

And fwiw, the NYPD did actually operate with reduced ranks this year and performed incredibly well and exceeded expectations because of the intelligent use of shrinking resources and overall excellent management by the top brass like the new powerhouse Chief of Detectives Phil Pulaski. Yet, it is just astounding how so many people jump all over the cops at the slightest thing decrying them as representing all manner of evil, but when the police bring crime to record lows during a massive recession and with reduced ranks and with reduced funding, all those same people can muster is, "yeah, well just wait." Pathetic.

"Once again I read that good news is not actually good news"

Only if you're reading someone else's posts... When did I say good news is not good news?
In fact, I said its "absolutely a factor"...

"it is just astounding how so many people jump all over the cops at the slightest thing decrying them as representing all manner of evil"

Again, not sure who you're talking about. I like cops.

But, there was in fact stimulus spending for additional cops.

In addition, admin is going to be cut. Not that admin stops crime... but, much of that work ends up being taken over by police officers.

somewhereelse: my remarks were not directly exclusively to you. There were any number of crime oriented threads on here in the post-Lehman era containing posts to which I alluded. Frankly, there's still a lot of PD admin bloat, and some cuts in that regard aren't entirely a bad thing. At the same time, computerization of things like complaint reports and detectives' reports ("DD5s") helps save some time over the recent past.