New York City hotel prices have never been higher. Illegal immigration is part of the reason why. Mayoral graft is another.
The New York Times explains Why N.Y.C. Hotel Rooms Are So Expensive Right Now
In late 2022, as thousands of migrants began to arrive in New York City, city officials scrambled to find places to house them. They quickly found takers: hotels that were still struggling to recover from the pandemic-driven downturn in tourism.
Dozens of hotels, from once-grand facilities to more modest establishments, closed to tourists and began exclusively sheltering migrants, striking multimillion-dollar deals with the city. The humanitarian crisis became the hotel industry’s unexpected lifeline in New York; the hotels became a safe haven for tens of thousands of asylum seekers.
The average daily rate for a hotel stay in New York City increased to $301.61 in 2023, up 8.5 percent from $277.92 in 2022, according to CoStar, a leading provider of commercial real estate data and analysis. During the first three months of 2024, when prices traditionally dip, the average stay was still 6.7 percent higher than during the same time period last year: $230.79 a night, up from $216.38 in 2023.
The use of city hotels for migrants represents a loss of 16,532 hotel rooms, leaving 121,677 hotel rooms for travelers, according to data compiled by CoStar, a leading provider of commercial real estate data and analysis.
That’s 2,812 fewer hotel rooms than existed in the period just before the pandemic — a shortage that is being acutely felt.
About 65,000 migrants are being sheltered in hotels, tent dormitories and other shelters, in large part because of the city’s legal obligation to provide a bed to anyone who needs one. The city projects it will spend $10 billion over three fiscal years on the migrant crisis.
Other factors, including some driven by policies that Mayor Eric Adams and his predecessor, Bill de Blasio, supported, have also contributed to higher room rates.
In September, city officials began to enforce a new law meant to curb the proliferation of short-term rentals, such as those listed on Airbnb, which used to account for over 10 percent of all tourist accommodations in the city. The crackdown obliterated most short-term Airbnb listings — a phenomenon that some observers said might have had an even larger impact on hotel rates than the migrant crisis.
The number of Airbnb listings in New York City for short stays — under 30 days — plummeted by 83 percent to just 3,705 apartments in March 2024, down from 22,247 listings in August 2023, the month before the law went into effect, according to AirDNA, an unaffiliated company that collects data from short-term rental listings. Most of the remaining Airbnb listings in the city, about 90 percent, are only available for stays of over 30 days.
The law, Local Law 18, was aggressively backed by the hotel industry and the hotel workers union, both supporters of Mayor Adams.
Three Things
- Uncontrolled immigration
- An alleged right to shelter
- A corrupt mayor purposely removes listings to benefit a favored political group.
The cost to the city is $10 billion. Taxpayers are on the hook for the cost.
Where Do We Put 8 Million Illegal Immigrants?
On May 23, I noted Competing Forces on Rent, then asked Where Do We Put 8 Million Illegal Immigrants?
Millions of immigrants keep pouring in. New residential construction has stalled and multi-family construction is in decline. Completions are rising, but is that enough housing?
We have at least a partial answer now.
I would like to see some proof of all these thousands and thousands of “illegals” .being put up in hotels.
Oh good Lord – These hotels signed contracts with the city. If this story was from Hot Air or other BS site there would be room for doubt but from a liberal site complaining?
Supposedly 125,000 or so “illegals” in NYC is what they are claiming.. That’s more people than live in my entire City. Why aren’t .these people seen everywhere – the subways; the hospitals; the streets? And we are supposed to.just believe the City has contracts with the hotels just because they say so? I’m only asking for some proof. Something just doesn’t add up to me..
I live across from a 500 bed hotel that’s been converted into a migrant shelter in downtown Manhattan….They’re very real… go to Times Square. There are 8 hotel shelters just in a small radius. 65k migrants are in the city’s shelter system
Is there a list of these hotels somewhere? I want to avoid for my trip to NYC in nov
As with most democratic policies, there are too many moral hazards to list.
If anyone in NYC votes for Biden, you get what you deserve.
Give them M16s and send them to Ukraine. Those who take Moscow first will obtain a free Tesla and the green card.
I hope they take in a show while they’re visiting.
Rules, laws, The Constitution, civil society pact, voting, honorable government agencies, accountability, etc, etc are all gone. Poof
And they did it right before our eyes with barely a whimper
All gone? What period from 1776 thru 2024 do you think the list above was true? This country has always been about one single thing: money. It didn’t matter if it took slavery, immigrant discrimination, oppression, jim crow laws, chinese exclusion act, segregation, women’s oppression, war or anything else, it’s always been about money.
The only thing you are noticing now is that the money flow isn’t benefiting you directly. You are learning that if you are not the master, you are the slave. If you are not the predator, you are the prey. If you haven’t learned how to profit from everyone else then everyone else is profiting from you.
Welcome to reality.
you are woefully ignorant..transferring your narrow minded greedy bigotry and hatred on to every one else. You must be a unionized public school teacher
You’re a fukin retard and have no idea what you are talking about on any topic. Go away child
“The Constitution, civil society pact, honorable government agencies, accountability, etc, etc” ARE all gone.
“Rules, laws, voting” OTOH…: There has never been more of.
The latters are what has replaced the formers.
‘they’
Yes Chester, “they”
You aren’t fooling anyone jumping between Sky and Chester profiles
As if I need another reason to avoid New York. Did a Christmas trip to Pittsburgh instead of NYC last year. It is so much nicer and much cheaper. I will never go back to New York.
Thank you for that important announcement.
My pleasure 😊
Seems like vacant commercial real estate would be good enough.
Rent the whole building, fill it with cots, add some kind of camp shower thing for bathing, heavy curtains for privacy.
It wouldn’t be amazing, but it would be humane. And there’s no end of office space right now.
Might be that those hotels were vacant before this kicked off. I’ve seen some pretty rough looking buildings with “Hotel” on the front.
But,but,but…: But then the hotel lobbyists wouldn’t earn a reasonable return on their inveeeestment in de Blasio’s campaigns…
Can’t have that. Especially not in a city which lives off of nothing else whatsoever, other than taxpayers being forced to guarantee deadweights’ “return on inveeestment” in abject nonsense and nothing but.
Or just return the migrants to Mexico, and they can get in the back of the line to come into the country the legal way.
In the 80s I drove down a couple of hundred miles into Baja. It was dusty and poor but the tacos were excellent. I passed a small village shall we say, with “houses” being old cars from the 40s or 50s, dug into the ground about halfway, cut in half and clover leaved together. Not much rain there, below surface provided natural cooling. Maybe we could use all the EVs sitting in lots with no buyers, to house illegal aliens (whoops migrants!). The bonus would be the batteries which would power the tiny car houses. You could link the little villages to cheap Chinese solar panels to recharge the batteries.
they are coming from over 100 countries… imagine the food requirements?
What a mess, thanks NGO’s
I miss Baja. I/we stopped going, once our car was stolen in the middle of nowhere…
Given the US’ singleminded obsession with becoming just another Caudillostan; that will probably end up being the “solution” to all those BEVs as well.
I wonder if all the rooms for migrants come with mini bars and room service. Wouldn’t that be nice! Room service is great for the hotel industry workers. Migrants won’t feel discriminated against if they can order whatever they want from the menus. Mini bars are great for the liquor industry and keep the migrants happy and off the street buying illegal drugs. Or something like that. Then again, the Kurt Russell movie, Escape from New York, where Manhattan is one giant prison …
You just love making up stories that make you angry, because angry is the only thing you feel anymore. Had to be that way to drown out the fear.
Chester/Sky you need to get back in mommy’s basement and help her with all her medical ailments
Financial Stress from Migrant Crisis Threatens to ‘Break’ Denver Hospital System, CEO Says
A hospital system in Denver warned local lawmakers this week that it is on the brink of collapse due to financial pressures created by the migrant crisis.
Denver Health recorded some 20,000 visits from 8,000 Central American migrants in 2023 for everything from dental emergencies to mental health counseling, according to the Denver Post.
Denver estimates more than 36,000 illegal immigrants, most of whom are Venezuelan, have arrived in the city since December 2022. Roughly half of those migrants have decided to put down roots in the city.
The influx created a $2 million loss for the hospital system last year, following a $35 million loss the year before. The system’s saving grace in 2023 was a $20 million boost it received from the state, Kaiser Permanente Colorado, and private donors, the Denver Post reported.
Last year’s losses led the hospital to close 15 beds that would otherwise be used for patients needing psychiatric or addiction treatment and to reduce raises and postpone renovations.
“If we were to have another year like [2022], it would have dire consequences,” Steve Federico, chief of government and community affairs for Denver Health, told the paper.
The hospital lost $136 million in 2023 because of patients who didn’t pay, including millions of dollars on care for illegal immigrants that the state and federal governments have declined to reimburse.
Denver Health CEO Donna Lynne appealed to Denver council members this week to increase the city’s financial support for the hospital system; the city already gives Denver Health approximately $30.8 million each year to cover the cost of patients who can’t pay.
https://www.nationalreview.com/news/financial-stress-from-migrant-crisis-threatens-to-break-denver-hospital-system-ceo-says/
I posted that before
NYC has been burnt toast for over a decade now. All of the utter nonsense they are spewing, and in many cases enacting, are just helping NYC to Crash & Burn that much faster. At some point they will not have the available financial resources to turn it around, if NYC is not ready there. Then it’s becomes a hell scape of utter failure, and will just start rotting away.
We already see the decay in ownership, the decay in Work, the decay in infrastructure and the overall decay in the way of Life in NYC. This has and will continue to get worse as time goes on, and the decay will become the crumbling of yet another (Democrat) City in America. They have destroyed many cities already, and the people don’t seem to mind it at all, as they keep voting for the same City Destroying Politicians.
Amazing how people love to self destruct…
“At some point they will not have the available financial resources to turn it around..”
As long as there’s a Fed; the leeches holed up in NYC can count on everyone else in America being forced to keep their favorite showcase for debasement driven illiterate degeneracy comparatively a-ok; no matter what. After all: That’s the reason The Fed exists in the first place.
Correction: As long as there’s a Fed; With Democrat Leadership, or lack thereof…
– After all: That’s the reason The Fed exists in the first place.
> The Fed was created in 1913 by Congress, and its sole purpose was to provide the nation with a safer, more flexible, and more stable monetary and financial system. Now we have No Safety whatsoever, and All the Flexibility has been removed due to there actions. This leaves an Unstable environment which is the exact opposite of being safe and flexible, and anything but Stable!
“As long as there’s a Fed; With Democrat Leadership, or lack thereof…”
Since The Fed had no involvement with mindlessly enriching Reagan era Gordon Gecko style leeches with wealth stolen from superior people and all….
“…its sole purpose was to provide the nation with a safer, more flexible, and more stable monetary and financial system.”
“the nation”, as is always the case everywhere, referring to the clique of JPMorgan style parasites in closest orbit around the yahoos who fancies themselves as speaking for the nation, of course.
“Now we have No Safety whatsoever, and All the Flexibility has been removed due to there actions. This leaves an Unstable environment which is the exact opposite of being safe and flexible, and anything but Stable!”
Which is the, 100% certain, inevitable outcome of any possible existence of any form of central bank whatsoever. Here, on Mars, and in any other possible universe.
What $180 million in illegal immigration cost means for Denver households and agencies
Mayor Mike Johnston’s projection that the city could spend up to $180 million this year on illegal immigration translates to more than $500 per Denver household, a new report said.
The estimate doesn’t include spending by nonprofits and health systems, which have also been groaning under the weight of “uncompensated care” in the form of emergency and other hospital visits by people without insurance.
The mayor’s projection, assuming it holds true, would easily swallow the entire budgets of several city departments, according to the report from the Common Sense Institute.
https://denvergazette.com/news/180-million-cost-denver-state-agencies/article_f967de12-b030-11ee-a33e-0367f3929a4c.html
Democrats expect to win the election. If you think the last NYC bailout was a lot, I cant wait for this one
I am guessing 100 billion for NY and 65 Billion for Colorado(mainly Denver)
“IF” They Win the Election, that is…
As if that Dim Bulb with the Orange Glow will somehow NOT bailout the idiotopia from where he, and virtually all his similarly illiterate cronies, hails.
No Bailout, but some money, but only in the form of a letter, letting them know what was done for the Country, and what was precisely paid off, and why.
Oh, and a letter with the the rules moving forward for the few idiots left in charge, that allowed this mess to occur.
1) Businesses are slowing down, becoming quieter. Unsold inventory is rising. That doesn’t mean that we are in a recession. We might get one, but we aren’t there yet.
2) SPX BB : May 16/17. On Fri, in the last 30 min, SPY got there and closed inside, on high vol, but SPX didn’t. They might rise today and tomorrow.
3) SPX badly needs a stopping action. The first one might send it to the Dec/Jan consolidation area, to 4,700/4,800, down 11%/12%. That correction might be followed by several stopping actions, including some deeper ones, spaced apart, in the next months or a year. It will be brutal, but It might become a new re-accumulation area for a new takeoff in the next few years, until the end of the decade, an opportunity to buy.
4) The Fed might cut rates after the Nov election and the yield curve might normalize. The 10Y will rise above the 2Y and the 30Y above the 20Y, due to inflation. Gravity with Japan and Germany will pull rates together, until things crack before the end of the decade, a deep stopping action, or two, before the top.
5) The bond market massacre might cont.
NEW YORK – New York City Mayor Eric Adams today laid out updated figures the asylum seeker crisis will cost the city over the next two fiscal years if swift action is not taken by the state and federal governments to further help manage this emergency. The city has already spent $1.45 billion in Fiscal Year (FY) 2023 to provide shelter, food, and services to tens of thousands of asylum seekers, but — as the city nears a total of 100,000 asylum seekers arriving since spring of 2022 — without further support, new cost estimates based on current trends show that the city has the potential to spend upwards of $12 billion over three fiscal years (FY23, FY24, and FY25) without policy changes.
https://www.nyc.gov/office-of-the-mayor/news/583-23/as-city-nears-arrival-100-000-asylum-seekers-since-last-spring-mayor-adams-lays-out-updated#/0
At this time Is not Peter Pan supposed to fly in and vanquish Capt. Hook making the world a Crocodile free safe space?
This doesn’t make much sense. If 20% of hotel rooms are effectively taken off the market, where do the guests who would normally rent these spaces go? Reduced availability will increase pricing; what’s happening here? Were there too many rooms available and the city solved the glut by renting them for immigrants? Lots of question with no given answers.
NYC is not top on the list of places to visit at this time. Cities Tourism and Business clients are going elsewhere.
NYC is being wrecked financially by those in power. Our press remains quite captive of the political narrative that everything is wonderful just don’t lift that carpet and look what is underneath.
Look at the welcome Trump got in Bronx. The people know there is a major Scam getting perpetrated.
It means the remaining hotels have a better market and can charge more. Are you against rich people making money?
Buy now Pay Later. Is there any economic data available on how long NYC and other Cities can delay paying for all the shelter it has been providing for illegals?
Of course not because this is an election year. So for a while it can be kept a closely guarded secret.
However all those hotels and other rooms provided for, are accruing some hefty accounts payable for NYC and other Cities finances.
Local services are getting short changed and the communities where the working poor live end up with less on the platter.
Do people notice this? Why yes they do. There are videos around of what has happened in a place like Chicago at Board meetings. City folks are getting quite pissed off.
So is Joe Biden shifting Federal money to cover for the City deficit spending. Funny I should ask that as there are a few Senators who just said they are going to filibuster Biden requests. Why it’s almost as if everybody in Washington DC was aware of a spending problem. Imagine that!
Will this drive election results come November. Bread and Circus only can continue until the credit card gets pulled. Appears that is underway at this time.
It remains a Political economy.
Continuing thought.
So what does a person who is not benefiting from the Governmental Grift do?
Well if you happen to know someone who is in on it provide a service to them as an individual or a group.
If you do not then relocate to a community which is established with good in place infrastructure and wait out the inevitable economic storm as it unfolds.
Time does grow short.
Mexico and China are killing our young people. In the last few years the crime families tightened their grip on power. During this election, that included election to Congress and counties, 38 candidates were slaughtered. On election day 2 voters were killed in Pueblo. They became rich smuggling 10 million people. Claudia Sheinbaum might become a spineless puppet president.
Trump wants to become the forgiving president, a Biden’s inverse. His TikTok account appeals to young voters. Latinos, blacks, libertarians and suburban moms might vote for Trump.
Mexico elected Dr Claudia Sheinbaum 61 as the first female/Jewish president. She is an
electronic engineer, PhD in engineering and ex Mexico City mayor.
https://www.businessinsider.com/us-economy-outlook-recession-unemployment-lazar-states-inflation-wealth-spending-2024-5
19 states headed for recession. I predict a huge decline in markets if this is the case. Interest rate cut won’t make a difference. This is the recession we’ve been trying to delay or defer since 2009.
I’ve told my wife every year that none of what’s gone on since 2008 is sustainable. How much longer can America continue to accrue trillions in debt while GDP grows at an average of 2%. Even the growth attained took so much debt in the form of tax cuts and deficit spending, that it wasn’t worth it.
How long do they think they can stay in business spending billions for votes? What are we going to do with all these people? Do idiots really think these people are going to go work for $15hr at mcdonalds and go from a fancy hotel to living in a cardboard box? This is going to ruin our country completely.
Financial services is saying sayonara to Manhattan..I look forward to the full destruction of our economy by the financial class. The truth is 80% of the economy is non-productive.
If you don’t give the stupids something to do, and consumer goods to buy to show off for the other stupids, you’re gonna have stupid problems. You can’t just feed ’em and turn ’em loose. For whatever reason they start feeling sorry for themselves and looking for somebody to blame for it. It’s a bug in our wetware that we can’t just be happy that we have enough to eat and a place to live… and it’s particularly acute in stupid people.
Look at all the retired people shrieking like it’s the end of days. Look at a trump rally… a bunch of cotton tops listening to another one shriek like it’s the end of days. It isn’t just this generation… the last one had Ross Perot, and the one before had Wallace.
The common thread? These people are in no way productive, and of no use whatsoever to anyone else, they know it, and they don’t like knowing it. Most everyone else is fine with that. They worked, they got old, they’re resting now, well and good. But not the retiree. That sense of importance, of being in the ‘work/buy consumer goods/show’ them off cycle, is gone.
So they need to be special somehow, and it’s easy to be special when you’re the one who knows about the grand conspiracy, you’re the only one that can save the sheeple.
For that to work, there needs to be an enemy: blacks, immigrants, gays, millennials, any or all work. They are simultaneously incredibly inferior and weak, and a powerful existential threat.
Watched it happen to my grandpa, my dad, and my uncles… all worked union jobs in the mines, and had much better lives because of those unions. At the end they all hated unions because the talking heads told them to. After all, they weren’t in one anymore.
They spent the last 20 years of their lives in an angry froth.
Makes me afraid to retire, and it also makes me afraid of UBI. I think work is important for most people, beyond income.
I always wonder whats the net impact of this process on the usa economy, it sure increases aggregate demand but it might lead to crowding out of investments and even increase prices in long run
Its weird, they choose NY, one of expensive cities moreover hotels!, idk which company owns majority of hotels that were used for this purpose!
NYC, San Fran, Philli, Balitimore, Detroit, and Mish’s hometown Chicago all have one thing in common: tax and regulate the economically productive until they scream and leave… divide the stolen money (“tax revenue”) 80% to politically connected, and 20% to “the poor”.
We see dozens of national charities where 80-90% of the money raised goes to pay fundraisers and administrative overhead (aka graft). 10-20% supposedly goes to whatever poor / sick / charity cause.
Whether its the Pentagon / military contractors, welfare agencies / social justice NGOs, hospitals / pharmaceutical companies … the political class in the United States has taken graft, extortion and bribery to an industrial level.
I seriously question Mish’s sources on this post that illegal immigrants are ONLY 1 in 5 NYC hotel rooms. I suspect the true number is above 2 in 5, and possibly as high as 3 in 5.
Stealing from law abiding taxpayers, and dividing the loot 80% to politicians and 20% to people who break the law is having a very predictable impact on NYC, on San Fran, on Chicago, on Phili, Baltimore, Detroit, Paris, London, Berlin, pretty much all of Canada.
Its not just politicians. The whores in media profit from both the divisiveness, and the “free” rides and booze on AirForce One (paid for by taxpayers of course). The access to 5-star catered parties in fancy hotel ballrooms, paid for by campaign donors and of course taxpayers. The more homeless, the more fentanyl addicts, the more mental health problems — the greater the need for expensive G7 conferences in 5-star resorts attended by all the political experts, lobbyists, academics, and “escorts” — at least the escorts admit to being in the world’s oldest profession.
Once the political class, including media whores, found a way to profit off marijuana sales, they legalized it. Fentanyl will be legalized as soon as they find a way to shift the profits from China and Mexico to Washington DC.
Mish didn’t bother to acknowledge my comment in the previous post. A few of the marxist commenters made insults about Willie Nelson the singer – who I don’t care about anyway. The ID / nickname I use is an office joke.
I don’t know if upvotes measure “I agree with the comment” versus “this comment contributed to the discussion”. I suspect down votes are more often “this comment is both stupid and unhelpful”, but there is probably a mix. Some sort of meritocracy in comments is desperately needed to keep out all the crap that gives social networking a bad name. Its just bad for our mental health.
Like NYC and Chicago and San Fran, social media in its present form rewards the loudest, most obnoxious, most fake; while punishing anything that improves the lives of people who positively contribute.
NYC, Chicago, San Fran, Facebook and increasingly Mishtalk are failing because they reward the stuff we want less of – and punish the stuff we want more of.
U are a psychopath.
“…Some sort of meritocracy in comments is desperately needed to keep out all the crap that gives social networking a bad name. Its just bad for our mental health…”
You’re half right, but miss the boat by a wide margin. As you correctly pointed out, a comment section is a form of social media. Using social media has been shown to degrade mental health. The voting buttons here are no different from the “like” button on Facebook. It’s designed to keep you engaged and coming back for more. The cost is the subconscious craving for affirmation on your posts/comments.
It isn’t a coincidence that both the pharmaceutical and social media industries refer to thier customers as “users”.
If something is free to the user, then the user is often the product.
Even in a city of millions, where ninety percent are hardcore liberals, it’s hard to imagine even one American sick, stupid, evil, or traitorous enough to think this acceptable.
“Let’s put the invaders in luxury hotels and pay for it with our own money!”
“Sounds good! I hate this country, too!”
The Mayorkas types, I do understand. I get it. But Adams is not that type, and was originally making noises against this, so I suppose he got a visit.
Have we heard anything lately about his legal issues? You know, like when he had to return to NYC from DC without even making his Gov appointments there. Now add in the Trump show trial conviction. Visit, sort of.
“In late 2022, as thousands of migrants began to arrive in New York City, city officials scrambled to find places to house them. They quickly found takers: hotels that were still struggling to recover from the pandemic-driven downturn in tourism.”
BINGO! This is what open borders are all about: profits. American consumer is tapped out, debt ridden and too old to consume except for healthcare, for any business it’s “you’re dead to me” so where to get fresh new young consumers eager to live the good life now that birth rates are at an all time low? The only place I can think of is immigrants. Immigrants that will have kids that will consume, consume, consume.
It’s not just hotels, it’s everything from toothbrushes to cars, the consumption must continue or it all falls apart. I hope people are finally learning what the game is all about.
Someone is making a ton of profit off these immigrants, are you?
Nobody is making money off poor people. What you are talking about is printing money which is causing horrible inflation. Most of these people will go home when the economy crashes and burns again because that’s exactly what they did last time. We ended up with a net loss of illegal aliens going back home.
Oh really? I thought the narrative here was that there are 60 million illegal aliens or is that not true now? People here need to keep their narrative straight and stop contradicting themselves.
Perhaps this link will help jog memories.
https://mishtalk.com/economics/over-100-of-the-increase-in-employment-since-2020-is-foreign-born/
You’re dreaming. NGOs/non profits are making fortunes off the open borders. Wake up.
It’s not a new concept. Rome did that in its waning days.
It’s not sustainable the way inflation is going. TPTB has delusions of grandeur.
I have an 7 ideas, 1. Stop being a sanctuary city, 2. Repeal the right to shelter, 3. Stop giving them free stuff, 4. Ship them to Martha’s Vineyard, and Washington DC, 5. Deport them. 6. Re Elect Trump. 7. Never ever again vote Democrat,
Trump did employ illegals as a private citizen.
You could add an 8 and 9. 8 Enforce laws that make it hard to employ illegals. 9 Offer illegals a small cash payment and a free one way ticket to self deport.
Those 2 points will make it easy for most illegals to voluntarily leave as they won’t be able to support themselves in the US and the sum of money will make it easier to re-establish themselves when they get home
Love it!
Martha’s Vineyard makes room for 180,000 paying customers every summer but couldn’t handle fifty freeloaders after the season was over. MV deserves every single migrant. Send them all there.
Funny. Illegal aliens in expensive hotels and motels with homeless veterans still on the streets with the indigenous dumpster divers as in the ’70s. All that’s changed is the scale of the graft and the curbside fecal matter deposits. At least 36 months of veterans federal education benefits for a 4 year college degree could pay for a 150 a month rental in San Francisco in the ’70s for a total of 5400 bucks spent in benefits for rent while working full time at night in addition. Today that rental is 2700 bucks and would require a total of 97,200.00 bucks in GI bill benefits that no longer exist while working full time . And today’s indigenous 18 year old non veterans get their 100000. federal college loans paid off illegally by Biden while living with mommy and daddy. Bummer man. . . .
The military aged illegals when conscripted and air dropped onto tiny islands in the pacific will then be eligible for GI benefits … or funerals.
I’m old school. I put them in mass graves.
In the flyover areas the cost of a house and rent rose more than 8.5%/Y. Many Airbnb and several of these hotels rented rooms for quickies. Those on gov goodies live with new immigrants. The new immigrants will rise from the ashes, find work, start new businesses and leave behind those who are addicted to the gov support.
You’re describing legal immigrants. This group starts out breaking the law and getting a hand out.
They are here. Ten million of them. NYC sucks bc of Biden. Do u want to send them to Martha’s Vineyard, Mexico, Venezuela or Jaza. Is it stupid enough for u ?
I slept in the Port Authority terminals with homeless people and drug users, Greyhound buses, on a bench in NY Central Park and became a house painter, before I owned a small business for 35 years.
I still love NYC.
I love NYC also. I spent a lot of time there for work and one of my daughters lives in Brooklyn with her husband and kids. They love NYC too. We were there over Easter and the town still amazes me as to the sheer variety of people and of things to do.
Just more reasons not to visit NYC. I think that Mish’s sources understate the usage of hotel rooms at least during the peak period of immigration. During the peak period of immigration, near 50% of hotel rooms were used for migrant housing.
Everything that hurts New York, from tourism to owning assets, in the state is being done. It’s almost like there is a concerted effort to destroy the state. And that included the judicial system.
and favouring Miami, even big financial firms has started opening their offices their, especially citadel
Keyword=GRAFT