Rent Control. Another superb Democratic idea.
Another reason I’d love to put NYC behind me.
The rent is high because Europeans (for example) pay .75 for a dollar and get another 10% off at Macys just for having a passport.
The rent is to damn high for some people because it’s too damn low for others.
This story is misleading. Rent control is a problem, certainly, but does this jerk really want to tear down all the old “walk ups” to make way for crummy looking high rises?
Rents are high because rich foreigners will pay whatever it costs, and because there are still tons of rich people living in the city. A bigger problem is that there are huge areas of slums and burned out houses where thugs are on the second or third generation of welfare payments from taxpayers largely living in upstate NY, and where it’s unsafe to go.
Pressure from the high rents has resulted in some gentrification, but there would be a lot more, if not for the permanent gangster welfare policies of LBJ and John Vliet Lindsay.
Three thousand for an average rental in the Big Apple? Such a deal——NOT....
Another find government solution to our problems.
Why are liberals complaining about what liberal politicians they’ve voted for, have done, or not done? Liberals are getting exactly what they voted for.
One word: government.
Somewhere, there's a Milton Friedman video on YouTube that clearly and incisively discusses this - just can't find it.
$3418 a month only goes to prove Theirs a sucker born every minute. We said bye bye to the rotton apple 30 years ago.
For many years I lived in a NYC apartment building built in the 1932, complete with outdoor fire escapes. It has high ceilings, large rooms, oak parquet floors, wall mouldings and sconces. The lobby is marble (floors and walls) and has stained glass windows. The building, inside and out, is beautiful! The thought of tearing it down and replacing it with a "modern structure" sickens me.
