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Fleeing New Yorkers squeeze surrounding housing markets | News, Sports, Jobs

The Associated Press Angel Garcia, a single father approved for a mortgage loan of $300,000, had high hopes in early 2020 of finding a house he could afford in his hometown of Stamford, Connecticut. Then the COVID-19 pandemic hit. Within months, New Yorkers began fleeing the city and the surrounding area, snapping up houses. Home prices that already had been out of reach for many jumped higher. Garcia, who oversees security at Stamford’s government building, ended the year still living with his 3-year-old daughter in a Stamford rental. “It’s so hard with all the competition out here and the prices, as they are now. They were already expensive,” said Garcia, who has a second job as a security guard.

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Fleeing New Yorkers squeeze surrounding housing markets

Angel Garcia, a single father approved for a mortgage loan of $300,000, had high hopes in early 2020 of finding a house he could afford in his hometown of Stamford,

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Exodus from NYC squeezing surrounding housing markets

With many New Yorkers moving to neighboring Connecticut during the pandemic, especially Fairfield County, it's becoming more challenging for people to find affordable homes to buy.

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Fleeing New Yorkers squeeze surrounding housing markets

Fleeing New Yorkers squeeze surrounding housing markets By SUSAN HAIGHJanuary 16, 2021 GMT Angel Garcia, a single father approved for a mortgage loan of $300,000, had high hopes in early 2020 of finding a house he could afford in his hometown of Stamford, Connecticut. Then the COVID-19 pandemic hit. Within months, New Yorkers began fleeing the city and the surrounding area, snapping up houses. Home prices that already had been out of reach for many jumped higher. Garcia, who oversees security at Stamford’s government building, ended the year still living with his 3-year-old daughter in a Stamford rental. “It’s so hard with all the competition out here and the prices, as they are now. They were already expensive,” said Garcia, who has a second job as a security guard.

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YMCA of Greater Boston receives $18m from philanthropist MacKenzie Scott

YMCA of Greater Boston receives $18m from philanthropist MacKenzie Scott It’s the largest donation in the organization’s history, and one of several from her totaling at least $49m in New England. By Anissa Gardizy Globe Staff,Updated December 18, 2020, 1:08 p.m. Email to a Friend This year, some Boston Public School students learned remotely at the Roxbury YMCA, a branch of the YMCA of Greater Boston. The organization announced Dec. 18 that it MacKenzie Scott had given it a $18 million gift, the largest donation in its history.Suzanne Kreiter/Globe staff James Morton, chief executive of the YMCA of Greater Boston, received a call on Nov. 17 that left him speechless.

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