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Young families are fleeing NYC. Rising child care and housing costs are to blame.

Posted on AllSides June 3rd, 2024
From The Center
Michael Loccisano/Getty Images
ANALYSIS

The rising cost of child care in New York City is driving families with young kids to pack up and leave the five boroughs, according to a new report set to be released on Monday.

The Fiscal Policy Institute, 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.

The analysis...

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https://gothamist.com/news/young-families-are-fleeing-nyc-rising-child-care-and-housing-costs-are-to-blame

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