EDIT by @kelset: this is caused by a Babel release, read more at this comment. The offending commit has been reverted, as mentioned here - so the issue is solved now. If you are still experiencing it, follow the steps described here.

PLEASE don't post comments like "same here", they only create noise

When creating a new project via npx react-native init Foo --template react-native-template-typescript, then running the default yarn ios metro throws a compile error:

error: node_modules/react-native/Libraries/Image/ImageAnalyticsTagContext.js: Property body[6] of BlockStatement expected node to be of a type ["Statement"] but instead got "AssignmentExpression"

Tested using:

• Typescript 3.9.4 and 4.3.5
• React Native: 0.64.1
• macOS 11.4
• node v14.15.1
• yarn 1.22.10