Hochul confronted on study showing millionaire exodus in New York City
Kathy Hochul was confronted about a new study that found the wealthy fled the city in droves between 2010 and 2022 and whether it was getting any better.The Citizen Budget Commission (CBC) found that New York's share of millionaires in the U.S. declined from 12.7 percent to 8.7 percent between 2019 and 2022."Their latest report basically said wealthy individuals are moving out, families are moving out, and single filers are coming in," Fox 5's "Good Day New York" host Rosanna Scotto told Hochul.
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Kathy Hochul was confronted about a new study that found the wealthy fled the city in droves between 2010 and 2022 and whether it was getting any better.The Citizen Budget Commission (CBC) found that New York's share of millionaires in the U.S. declined from 12.7 percent to 8.7 percent between 2019 and 2022."Their latest report basically said wealthy individuals are moving out, families are moving out, and single filers are coming in," Fox 5's "Good Day New York" host Rosanna Scotto told Hochul. "People who really can't afford New York City are coming here. You had to bail out New York City — $8 billion this budget.
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- What's the story?
- Kathy Hochul was confronted about a new study that found the wealthy fled the city in droves between 2010 and 2022 and whether it was getting any better.The Citizen Budget Commission (CBC) found that New York's share of millionaires in the U.S. declined from 12.7 percent to 8.7 percent between 2019 and 2022."Their latest report basically said wealthy individuals are moving out, families are moving out, and single filers are coming in," Fox 5's "Good Day New York" host Rosanna Scotto told Hochul.
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- 1 outlet, average source rating 6.0/10.
- When was it last updated?
- 13m ago.
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Hochul confronted on study showing millionaire exodus in New York City
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