in New York City is driving families with young kids to pack up and leave the five boroughs, according to a, a left-leaning think tank, released new data showing families with children aged 6 or younger are twice as likely to move out of the city as families without young kids. Households with young children make up 14% of the city’s population but 30% of those fleeing the five boroughs, according to the group’s findings.
“We hope that it points policymakers toward interventions that directly address a need for increased supply of housing across the full income distribution, more tenant protections, rent control, and increasing the availability and access to child care,” said Emily Eisner, an economist at the Fiscal Policy Institute and co-author of the report.
The Fiscal Policy Institute data shows 36% of residents fleeing the state said they were leaving to find more affordable housing — more than double the rate of those who cited housing costs as a reason to relocate prior to the pandemic. “All we want is to be able to live in the city and to provide some type of affordability so that we can continue living in the city that we love,” he added.