Why would people flee the suburbs and all of the great open spaces and fresh air that comes with it, to head for the confines of the big city?
You only have to look at the recently proposed rate hike on the Tappan Zee Bridge in New York from $5 to $14 to understand part of the reasoning!
Then, when you factor in some of these items is it really any wonder?
- The price of a Long Island Railroad monthly train ticket for one or more workers in a family commuting to work from the suburbs of NewYork City that costs $259 each to go from Penn Station to Zone 7 and back (about 70 miles roundtrip);
- The cost of a subway ride from Penn Station to your office and back at $5.00 roundtrip (regardless of the distance of the ride);
- Property taxes on Long Island that can range anywhere from $8,000 a year up to $50,000 or more;
- The cost of the upkeep of a property;
- The price of gas to get wherever it is you want to go and the cost of the car to put it in;
- Trips to the big city for a visit that includes tolls and parking or Long Island Railroad and subways, busses or cabs and... well you get the idea!
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