I grew up in NYC. I spent high school and college in Manhattan. This is the worst I have seen it. There is no cushion for people living on the margins of society anymore. Not here, at least. When I was a kid, my mother was able to raise three of us on her one paltry salary. Good luck doing that on several salaries now.
And as someone with a good income and two earner household, I can’t help but feel that I am one recession away from struggle. I don’t have a home my parents will leave to me in flyover country that I can retreat to if shit hits the fan.