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Donít buy homes in NY area, AIG warns workers
Bloomberg via Crains | 05/29/2014

Posted on 05/29/2014 4:14:01 PM PDT by Olog-hai

Link here: http://www.crainsnewyork.com/article/20140529/ECONOMY/140529868/-dont-buy-homes-in-ny-area-aig-warns-workers


TOPICS: News/Current Events; US: New York
KEYWORDS:

1 posted on 05/29/2014 4:14:01 PM PDT by Olog-hai
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To: Olog-hai
I don't understand why businesses stay in New York or California... the hand writing's on the wall...
2 posted on 05/29/2014 4:19:51 PM PDT by GOPJ (>The Mainstream Ministry of Information does not stand for liberty. Freeper Gene Eric)
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To: GOPJ

Those that stay are getting government handouts.


3 posted on 05/29/2014 4:21:17 PM PDT by Olog-hai
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To: Olog-hai

AIG is leaving NYC, so...
If you want to keep working for AIG, prepare to move


4 posted on 05/29/2014 4:23:28 PM PDT by HangnJudge
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To: Olog-hai

NYC has laid an AIG??


5 posted on 05/29/2014 4:24:56 PM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: GOPJ

Texas is better for a lot of things so far, but never fear it is going crazy too.


6 posted on 05/29/2014 4:25:32 PM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: Olog-hai

One wonders if, in our Internet connected age, this isn’t the beginning of the end of NY-based finance companies fleeing for more affordable... and more commerce friendly... pastures? Big Finance always stayed with NYC because they felt they had no other choice but to centralize talent. But with the decentralized nature of modern business and communications....


7 posted on 05/29/2014 4:27:18 PM PDT by DesScorp
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To: DesScorp

Liberals are concentrated in big blue population centers. As they move to flyover or red areas, they will dilute and polute.


8 posted on 05/29/2014 4:30:45 PM PDT by umgud
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To: HiTech RedNeck
"Texas is better for a lot of things so far, but never fear it is going crazy too."

Texas is going to end up like North Carolina, where so many Yankees move down there for work, they'll turn it blue. I've never understood why Californians and New Yorkers flee high tax, high cost states move to the South and then proceed to try to enact the very same policies down here. It's like they're locusts moving from place to place, and after they ruin one place, they move to another and begin feeding again. Rick Perry brags about all the businesses he's bringing to TX, but Texans need to consider the price they may pay for that. Look at Charlotte now. It's Yankee leftist with a twang.
9 posted on 05/29/2014 4:32:22 PM PDT by DesScorp
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To: Olog-hai

So, lemme get this straight.

The company who basically was one of the biggest needing a bailout because of over-risky investments, is telling others to watch out for housing capital risk in NY?

Wow.


10 posted on 05/29/2014 4:35:04 PM PDT by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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Oh I see ... MOVING the business


11 posted on 05/29/2014 4:36:32 PM PDT by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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To: GOPJ
I don't understand why businesses stay in New York or California

There are many reasons but the two major ones that come to mind are 1) it's simply not cost-effective to move; and 2) lack of access to a trained specialized workforce.

12 posted on 05/29/2014 4:41:48 PM PDT by Bernard Marx
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To: DesScorp

The M@$$holes ( as they are called ) did it to New Hampshire as well! This maybe part of the problem that Savage denotes that liberalism is a mental disorder. Seriously to quote the late Harry Chapan “You can move 10,000 miles and still stay where you are”. Liberals do not get the cause and effect of taxes and step back look of the overall landscape of their Utopian Schemes...


13 posted on 05/29/2014 5:03:23 PM PDT by taildragger (The E-GOP won't know what hit them, The Party of Reagan is almost here, hang tight folks....)
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To: GOPJ

“I don’t understand why businesses stay in New York or California... the hand writing’s on the wall...”
***********************************************************************

Inertia, stupidity and/or lack of both long-term vision and courage.


14 posted on 05/29/2014 5:10:43 PM PDT by House Atreides
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To: DesScorp

It’s like people who move to the country to escape the city and then complain about the roosters and the noisy tractors and the cow smell.


15 posted on 05/29/2014 5:24:19 PM PDT by kaehurowing (FIGHT BULLYING, UNINSTALL FIREFOX)
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16 posted on 05/29/2014 5:25:55 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: House Atreides

LOL - you nailed it...


17 posted on 05/29/2014 6:09:02 PM PDT by GOPJ (>The Mainstream Ministry of Information does not stand for liberty. Freeper Gene Eric)
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To: taildragger

That’s Harry Chapin...

http://www.harrychapinmusic.com


18 posted on 05/29/2014 6:41:04 PM PDT by HangnJudge
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To: DesScorp

Liberals from other countries do it, too. I have an in-law who’s a nurse who moved here and is all for obamacare. Of course, it could be because he’s a henpecked pussy.


19 posted on 05/29/2014 6:48:20 PM PDT by VerySadAmerican
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To: GOPJ

One of the reasons companies, especially national companies stay in NYC is because their higher echelons of executives are relatively insulated from the ordinary costs because they make so much money.

So they and their wives can go to the high=end restaurants and entertainment venues they love.


20 posted on 05/29/2014 7:01:49 PM PDT by wildbill
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