No, New York City’s wealthiest are not fleeing the city after Mamdani’s win
Conservatives warned of a mass exodus if the democratic socialist won, but experts, and property data, paint a very different pictureThe warnings were stark. If Zohran Mamdani were to win the New York City mayoral election, his plans to raise taxes – slightly – on the city’s wealthiest...
<p>Conservatives warned of a mass exodus if the democratic socialist won, but experts, and property data, paint a very different picture</p><p>The warnings were stark. If Zohran Mamdani were to win the New York City mayoral election, his plans to raise taxes – slightly – on the city’s wealthiest residents would cause millionaires to bolt en masse, decamping to lower-tax states such as Florida and Texas.</p><p>The New York Post, a conservative tabloid owned by Rupert Murdoch, told readers on <a href="https://www.google.com/search?q=nypost+people+flee+new+york+mamdani+october&oq=nypost+people+flee+new+york+mamdani+october&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRiPAjIHCAIQIRiPAtIBCTEwNjE0ajBqN6gCALACAA&sourceid=chrome&ie=UTF-8">an almost daily basis</a> through October that New York would effectively become a ghost town under Mamdani’s mayoralty, a propaganda campaign that concluded the day before the election with the bombastic claim that <a href="https://nypost.com/2025/11/03/us-news/nearly-a-million-new-yorkers-ready-to-flee-nyc-if-mamdani-becomes-mayor-poll/">“nearly a million”</a> people were planning to “flee”.</p> <a href="https://www.theguardian.com/us-news/2025/dec/08/new-york-city-wealthy-mamdani-win">Continue reading...</a>
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