The historical economics of rent control paints a dreary picture for the future of NYC.
Replies to: The historical economics of rent control paints a dreary picture for the future of NYC.
Indeed. It is beyond stupid.
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Rent control is not a solution. It sounds good, and has terrible effects. People don't know history.
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Now you're an expert on the NYC housing issues. Love it.
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Discussed it in law school many years ago. Also, I've had family living in such housing in NYC.
Expert is perhaps too strong, but thank you anyway.
Let me enlighten you on your expertise - You're wrong.
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Ok. Please try to offer something substantive.
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When you price out all the workers where do they go and who repairs
the empty neighborhoods they leave? That’s just one issue.
When the rent can’t cover the cost of maintenance and repairs the City can condemn and turn.
the run down apartments into Projects… and we all recall how well that worked out.
That was not rent stabilization. It was something far different. Rent stabilization
stops gouging by landlords. Landlords in nyc have embedded their guys in office whereby increasing rents and altering laws and rules to benefit those landlords. Increases in leases are by % which grows every year. You have a false narrative on this.
You’re wrong as is neddie. Try not being experts on everything.
It’s a slippery slope. Government interference in markets leads to government housing AND
ultimately to government control of EVERYTHING.
Thus is core communism.
You win -
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Indded. And project housing is typically exempt from housing regulations.
Historically, only privately owned housing is subject to inspections. The government just exempts itself. This is a fast track to sub-standard housing.
you’re wrong and your imbuing your wrong narrative onto something you haven’t any knowledge of.
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