I am this person (not a genius or whatever) but work is absolutely life for me.
I still absolutely resent the 996 culture and would never do that. I'd like to have agency when I want to abuse myself
I mean your employment can't technically be terminated because you are taking sick days, unless it's whatever qualifies as long term illness (18 or 28 weeks I forget).
Technically they are not obligated to continue to pay you and the govt sick pay is like 100 quid per week.
in the us they can fire you the day you don't show up
I was there during the revolution in Ukraine.
Life isn’t the movies.
I’m not advocating for violence. On the contrary. But one has to wonder sometimes what percentage of the population has to work full time while not being able to afford basic necessities, until violence becomes an option
Standards of parental attachment, caregiving intensity, early childhood enrichment, and quality time with parents outside of working hours are radically different today than they were in the 1980s or the 1970s. The 1970s were not a golden era of intensive mothering; in fact, in a lot of ways, the norms of early childhood parenting we know now are reactions to 1970s parenting.
At any rate, I was just making a comment about the prevalence of multigenerational caregiving. I would contend: it was also not a major thing in '70s and '80s America (though it probably was much earlier in the 20th century, and in other countries).
Anecdotally, my apartment building has 0% vacancy rate.
And a newer building across the street has at least 10 apartments vacant for the most of the year.
Anecdotally, i know quite a few boomers that own multiple properties (>3) in manhattan, some of which they rent some of which they keep vacant for when they want to come to the city
I feel like at least some % of apartments in the city are visibly vacant most of the time because they are just part time homes for the wealthy.
The research for this does account for pied-à-terres, which do exist in some number but are a tiny fraction of he total and mainly exist in a handful of Manhattan neighborhoods. There are only about 10K of these in NYC[1] which is 0.27% of the 3,644,000 total housing units in the city. This just doesn't seem like a real problem when the rental vacancy rate is shockingly 1.4%[2] (of the 2,183,064 total rental units).
I struggle to believe that pied-a-terres are less than 1% in NYC, particularly in the post covid era. Maybe paid off condos in NYC owned by people who also live in Florida aren't counted somehow? Seems like everyone with a net worth of $2.5mm has two properties.
My best friend's brother has a rent controlled manhattan apartment that sits vacant 80% of the time and is used as a crash pad for a rotating cast of ~12 people, what do you call that?
Why would you struggle to believe something that is accounted for in tax records and other city records?
The median household income in NYC is about $70k almost no one relative to the population has a $2.5mm net worth. There are only 350,000 people in NYC with a net worth of more than 1mm.[1] Anecdote is clouding your understanding here, the idea that there are tons of empty units in NYC is just another luxury belief, it stands up to 0 scrutiny.
A good friend bought her Hell's Kithen flat (read: condo unit) from a Japanese company. Years ago I had another friend who worked for a company that had a sizeable place in the Village.
There aren't that many. NYC housing data is sliced, diced, and studied by so many agencies, non-profits, think tanks, and so on that someone would notice. There's a marginal number of units that appear to largely unoccupied. Corporate and LLC ownership shows up in tax data and the totals are a drop in the bucket of the nearly 4 million units.
Yes, but you only need one unit per building to be over-bid and that then drives up the prices of other units in that building? It might not be an occupancy issue per se, but it doesn't help the overall residential market.
Housing exists in price bands more or less, so the thing you’re measuring has to be large enough to have an effect on the band. There’s a lot of research on NYC housing issues and no one has ever identified corporate housing as a contributing factor, so there’s a very high burden of proof on your claim.
