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

[AnonymityX1000]

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

NY is overcrowded anyway and aren't the billionaires and millionaires leaving once Mamdani wins? There's more housing right there. lol

 

[Left.A1]

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.

Same thing happening in Austin, Texas after their failed tech boom couldn't be capitalized on financially by the property management firms. These corporate dem shills actually think this “Abunance” agenda babble is going to save them

 

[AnonymityX1000]

Same thing happening in Austin, Texas after their failed tech boom couldn't be capitalized on financially by the property management firms. These corporate dem shills actually think this “Abunance” agenda babble is going to save them

Oh, "more housing is the solution' schtick Nap is rolling with is the Abundance playbook?

 

[Rice N Beans]

Mamdani hates democrats.

YOU hate Democrats. Which is why you spend your days posting dribble to smear Dems in general and want them arching into the arms of the GOP's policies.

No amount of "for the discussion" guise changes that.

 

[desjardins]

Less stuff gets built with rent control.

Propaganda

According to google, NYC has added over 300K units since 2010
Since rent controlled tenants are discouraged from moving, developers actually have added incentive to build since a % of inventory will never turn over. This can result in higher rents for gentrifiers which is what we've seen happening in NYC and why Mamdani is offering a multi prong approach to alleviate the issue

 

[karim]

Rent freeze in Berlin: looking back on a slippery solution

In 2020, the city of Berlin adopted a radical policy to deal with soaring prices in the rental market: a rent freeze. This measure, meaning a cap to the...

www.dialogueseconomiques.fr

The Berlin rent cap was repealed because a conservative sued the city on the grounds that rent control is a federal competency. It had nothing to do with it being a failure, it wasn't even in place long enough to determine whether it worked or not

 

[☑︎#VoteDemocrat]

Propaganda

According to google, NYC has added over 300K units since 2010
Since rent controlled tenants are discouraged from moving, developers actually have added incentive to build since a % of inventory will never turn over. This can result in higher rents for gentrifiers which is what we've seen happening in NYC and why Mamdani is offering a multi prong approach to alleviate the issue

You really need to read the stuff I’m showing you. Not 2 second google searches.

NYC needs to up zone and build more housing. ZONING is the issue.

https://vrollet.github.io/files/city_structure.pdf

 

[JamesJabdi]

Same thing happening in Austin, Texas after their failed tech boom couldn't be capitalized on financially by the property management firms. These corporate dem shills actually think this “Abunance” agenda babble is going to save them

OP would have no issue if status-quo Cuomo got elected in office.....but got all types of smoke for a dude who want to make new york better for the average person....the only thing cuomo is running on right now is that he not Mamdani ....this is why US politics is so cooked.

 

[☑︎#VoteDemocrat]

The Berlin rent cap was repealed because a conservative sued the city on the grounds that rent control is a federal competency. It had nothing to do with it being a failure, it wasn't even in place long enough to determine whether it worked or not

The rent cap was causing rents in Berlin to skyrocket dweeb.

The strange loophole that transformed Berlin from tenant’s paradise to landlord’s playground | Tim White

Germany’s capital was known for its affordable rents. Now ‘furnished temporary’ flats risk destroying the heart of the city, says researcher and writer Tim White

www.theguardian.com

 

[The Phoenix]

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

That's bullshyt. Sounds like you own a slum or two in NYC. Rent has been high as hell for a while now. There should be no rundown buildings ANYWHERE in the city by your logic.

 

[☑︎#VoteDemocrat]

Same thing happening in Austin, Texas after their failed tech boom couldn't be capitalized on financially by the property management firms. These corporate dem shills actually think this “Abunance” agenda babble is going to save them

Increases in rent supply dropped rents in Minneapolis. This the fukking FED

Unpacking supply and demand in rent trends since the Minneapolis 2040 Plan | Federal Reserve Bank of Minneapolis

New analysis provides a fresh look at how Minneapolis’ 2040 comprehensive plan is influencing housing supply, demand, and affordability in the city

www.minneapolisfed.org

 

[☑︎#VoteDemocrat]

That's bullshyt. Sounds like you own a slum or two in NYC. Rent has been high as hell for a while now. There should be no rundown buildings ANYWHERE in the city by your logic.

If you cap what owners can get, incentive is removed from builders. Add restrictive zoning to the mix and you have a problem.

 

[bnew]

I’m a democrat. Mamdani hates democrats.

I want more housing and cheaper rent. Mamdani just wants to ignore economics and push magic on desperate people. He’s a scam artist.

people became desperate under neoliberal policies.

 

[Left.A1]

Increases in rent supply dropped rents in Minneapolis. This the fukking FED

Unpacking supply and demand in rent trends since the Minneapolis 2040 Plan | Federal Reserve Bank of Minneapolis

New analysis provides a fresh look at how Minneapolis’ 2040 comprehensive plan is influencing housing supply, demand, and affordability in the city

www.minneapolisfed.org

Again here are the do nothing democrats messaging on how they have no impact on changing the material conditions of peoples lives YET they wonder why they constantly lose to Trump

 

[The Phoenix]

If you cap what owners can get, incentive is removed from builders. Add restrictive zoning to the mix and you have a problem.

More bullshyt. The only way a cap hurts is if property taxes outpace the actual earned income of the person owning the building. Is that what you are arguing is happening? Because that sounds like a case to take up with the governing body regarding taxes. Otherwise, that slumlord is pocketing the money and playing pauper.