Former hedge fund manager and entrepreneur James Altucher says New York City is dead and it’s not coming back.
“This completely damages not only the economic eco-system of New York City…but what happens to your tax base when all of your workers can now live anywhere they want to in the country?” asked the entrepreneur, noting that many were fleeing to places that are cheaper to live like Nashville, Austin, Miami and Denver.
Watch this interesting clip from Fox Business
