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DIBS, it’s not only Mexicans. I think the foreign mentality in general is to OWN and not rent. When we came here as immigrants, my parents saved every penny just so they can own their own place and not be kicked out whenever the landlord didn’t feel like extending their lease. I grew up with that mentality as well (instilled from parents I guess) and didn’t want to pay anyone else’s mortgage.

i just read this last week, and if you read it carefully, it looks as though nyc has been steadily gaining people (brooklyn also) so we could stand to lose some people due to the recession and still be higher than the 2000 census.

Hispanic Population’s Growth Propelled City to a Census Record

Published: May 14, 2009

A spurt in the number of Hispanic New Yorkers helped push the city’s population to nearly 8.4 million last year, while a slow but steady rise among non-Hispanic whites brought that group to the brink of regaining its majority in Manhattan for the first time in a generation, according to Census Bureau estimates to be released on Thursday.

Of the more than 50,000 people added in the city between July 2007 and July 2008, 27,000 were Hispanic (nearly 10,000 of them in the Bronx) and 20,000 were Asian (fully half of them in Queens).

The number of blacks declined slightly, as it has every year since 2000.

The Census Bureau announced in March that the city’s population had reached a new record, 8,363,710; in Thursday’s estimates, it revealed the demographic details behind the increase. But the snapshot was taken before the depths of the recession, which may have tamped down immigration and slowed growth.

In the metropolitan area, the number of Hispanics and Asians rose in every county. Non-Hispanic whites increased in only four areas: in Middlesex and Ocean Counties in New Jersey, and in Manhattan and Brooklyn.

Nationally, the rate of growth among Hispanics and Asians has slowed, largely because of declines in immigration. The influx of foreigners to New York has not slowed as much. In fact, the city’s Hispanic population grew at a faster rate in 2007-8 than during any other year this decade.

In Manhattan, the steady decrease in black and Hispanic residents, coupled with the increase in whites, means that as of last July, the borough’s population was 49.5 percent white — higher than it was in 1980.

Higher rents and apartment sale prices have driven poorer people, who are predominantly black and Hispanic, from Manhattan, while the number of white households, including families with children, has been increasing.

Citywide, 35 percent of the population was non-Hispanic white, 28 percent Hispanic, 24 percent black and 12 percent Asian.

The city’s overall population gain, nearly 54,000, was the second highest of the decade. As of last July, Queens (2,293,007) had already surpassed the City Planning Department’s population projection for 2010 and Brooklyn (2,556,598) fell just a few hundred short of the projection.

Brooklyn and the Bronx (1,391,903) now have larger populations than at any other time since 1970, and Manhattan’s (1,634,795) is the largest since 1960. Staten Island’s population grew as well, to 487,407, a 0.9 percent gain from 2007.

In the 22-million-person metropolitan area, the population increased by 95,000. The number of whites declined by more than 58,000 and of blacks by 4,000, while the number of Hispanic and Asian people grew by 95,000 and 45,000, respectively.

Feeling a bit nervous, BHO????

“Miss Muffett: I have been told you were starting to look in Kansas.”

I don’t think she would miss the sebb and flow of Brooklyn prices for the world!

***Bid half off peak comps***

Welcome to Brooklyn, DeLepp. 0.425 was the brownstone’s 1999 price. 10 years. Salaries stagnant. 0.965 was a reach. 1.895 is/was crackilicious.

***Bid half off peak comps***