Aziz Sunderji produces data visualisation and analysis on the US housing market, and distributes his work via his newsletter Home Economics, where a version of this post first appeared.
Summer quietude aside, New York feels like it’s booming these days. Securing a restaurant reservation is as challenging as ever. Lines for tennis courts form at dawn. Rents are rising faster than just about anywhere else. You’d be forgiven for thinking the city is heaving with more sharp-elbowed, jostling bodies than ever before.
You’d be wrong. New York is shrinking, and faster than ever.
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