NYC, Mamdani and why Rent Control does. not. work.

[☑︎#VoteDemocrat]

Keep thinking them Neo Liberals gonna save you

neoliberal centrist economics failed back in 2008. Democrats continuing to cling to those bad and failed policies is what gave rise to Trump. Wtf are you talking about?

The most progressive cities in the world are repealing failed rent control policies and you think calling someone a “neoliberal” is some slam dunk.

 

[JamesJabdi]

The only way to keep prices low is to increase supply. Artificial caps cost more in the long run. Queens should have been up zoned a long time ago.

Democrats like you is why Trump is in office....come with the same outdated arguments and wants to keep the status quo going that dont work......but get mad when a politician actually comes with new ideas that will make the average american lives easier

 

[Fillerguy]

Establishment Dems hate progessives so much they'll break party lines and run interference for maga jus to hurt progressives.

A truly pathetic political party, that stands for nothing.

 

[AnonymityX1000]

Nap simply put frozen rent saves regular people money, therefore it works.
All these paragraphs you're posting is just trying to complicate something that's really simple.

 

[Pure Water]

Democrats like you is why Trump is in office....come with the same outdated arguments and wants to keep the status quo going that dont work......but get mad when a politician actually comes with new ideas that will make the average american lives easier

While I don’t really know all the pros and cons of rent control myself. It is a fact that more supply is the most proven way to lower prices.

With rent control there’s less income coming in. How are landlords expected to keep up with maintenance? Is there some type of clause that guarantees a certain margin percentage? To someone like me if would just make it easier for larger corporations to purchase property for the cheap.

 

[Adeptus Astartes]

landlords can’t maintain their buildings if they can’t adjust the rent. Guys, why are you ignoring this?

They can still adjust rent. They can't blow people out. Rent control wouldn't be a thing if unscrupulous landlords didn't get the game fukked up.

 

[desjardins]

It's working for the ppl I know that got it
In fact I know someone in Harlem that basically stopped working cause she was making so much money subleasing rooms in her rent controlled house

 

[desjardins]

landlords can’t maintain their buildings if they can’t adjust the rent. Guys, why are you ignoring this?

stop
any landlord with a rent controlled unit in NYC likely paid that mortgage off 30 yrs ago. Likely bought the property in the 70s or 80s when much of NYC was a shythole and prices were a fraction of what they are now. Them landlords are absolutely EATING right now even with the controlled increases

In New York City, Rent Control tenants are generally in buildings built before February 1, 1947, where the tenant is in continuous occupancy prior to July 1, 1971. Tenants who took occupancy after June 30, 1971, in buildings of six or more units built before January 1, 1974, are generally Rent Stabilized.

Rent Control FAQs – Rent Guidelines Board

 

[Left.A1]

Cuomo was literally Clinton’s HUD secretary in the 90s but yall getting gaslighted by a 30 year old neophyte with no work experience

Yall about to learn some tough lessons in NYC.

Learn some lessons on fukking what?

Establishment Dems have ALREADY turned NY housing market into shyt. Who the fukk do you think has been in charge for all of this time Hasheesh

 

[Left.A1]

stop
any landlord with a rent controlled unit in NYC likely paid that mortgage off 30 yrs ago. Likely bought the property in the 70s or 80s when much of NYC was a shythole and prices were a fraction of what they are now. Them landlords are absolutely EATING right now even with the controlled increases

Rent Control FAQs – Rent Guidelines Board

All these dumb ass moderates do is lie and then wonder why they constantly lose to Trump

 

[☑︎#VoteDemocrat]

Learn some lessons on fukking what?

Establishment Dems have ALREADY turned NY housing market into shyt. Who the fukk do you think has been in charge for all of this time Hasheesh

Why is Mamdani against up-zoning?

 

[☑︎#VoteDemocrat]

stop
any landlord with a rent controlled unit in NYC likely paid that mortgage off 30 yrs ago. Likely bought the property in the 70s or 80s when much of NYC was a shythole and prices were a fraction of what they are now. Them landlords are absolutely EATING right now even with the controlled increases

Rent Control FAQs – Rent Guidelines Board

All these dumb ass moderates do is lie and then wonder why they constantly lose to Trump

Nap simply put frozen rent saves regular people money, therefore it works.
All these paragraphs you're posting is just trying to complicate something that's really simple.

Macroeconomics doesn’t change what your individual landlord does for you.

Less stuff gets built with rent control.

Basic economics would do wonders for you:

Filtering (housing) - Wikipedia

en.wikipedia.org

How ‘Filtering’ Opens Up Affordable Housing

An analysis of 12 U.S. cities found that new market-rate construction often leads to more affordable units becoming available, but the effect varies across housing markets.

www.planetizen.com

Market-Rate Construction Frees Up More Affordable Homes, Study Finds

New market-rate housing can impact housing availability and affordability, a new study finds.

www.bisnow.com

What do we mean when we say "filtering?"

Distinguishing between two different housing market dynamics

pencillingout.substack.com

Movin’ On Up: How Costly New Homes Create Affordable Old Homes - California YIMBY

In housing policy, a common theory of how to provide the maximum number of affordable homes to the greatest number of people is known as “filtering:” the process through which aging homes depreciate, and become less costly as higher-income residents…

cayimby.org

The Missing Bottom: Filtering and Housing Affordability - Building the Skyline

Jason M. Barr April 3, 2023 “More Rundown Buildings Now!” That should be the new motto for expensive cities. In the current debates on affordable housing, there is no discussion that the best way to help those with the lowest incomes is by letting some of the housing

buildingtheskyline.org

 

[☑︎#VoteDemocrat]

They can still adjust rent. They can't blow people out. Rent control wouldn't be a thing if unscrupulous landlords didn't get the game fukked up.

The way you undermine rent control is… building more shyt.

NYC is always going to be an in demand place but why are city councils like in Queens blocking redevelopment for 10K+ units of housing by complaining about “gentrification” nonsense or parks?

Council unconvinced of city’s plan for major Queens development — Queens Daily Eagle

The plan to rezone and redevelop 54 blocks of Long Island City came before the City Council on Wednesday where the local representative whose opinion on the project matters the most still isn't fully onboard.

queenseagle.com

The same leftists who claim to care about displacement stand in the way of building more places to HOUSE PEOPLE.

An apartment for 50 families is better than saving grandma’s house.

 

[Left.A1]

Why is Mamdani against up-zoning?

Why have your do nothing democrats constantly failed to make NYC affordable while in power?

 

[JamesJabdi]

While I don’t really know all the pros and cons of rent control myself. It is a fact that more supply is the most proven way to lower prices.

With rent control there’s less income coming in. How are landlords expected to keep up with maintenance? Is there some type of clause that guarantees a certain margin percentage? To someone like me if would just make it easier for larger corporations to purchase property for the cheap.

Right now NYC got around 80k homes that are just empty because they are being used as an investment...empty housing that the average new york cant afford. Most the housing in New York is owned by large corporations and they been bleeding the city dry. Even with all the money they making right now they give their tenants places that has mold, rat problems, lack of water and bad heating because they know they got the market at gunpoint.