One of the many reasons I am glad I don’t live in NYC.
Manhattan Contrarian ping
I can’t think of one enterprise in gov’t where it is more efficient than any private sector enterprise serving the same market. The gov’t has no incentive to be efficient. Indeed, it the opposite.
When I graduated with a Ph.D. in Economics, I went into teaching. One of my colleagues went with a small, new, gov’t agency in DC. Several months into the job, his Supervisor told everyone to slow down and let their “Inbox” stack up. A week later there was a “surprise” inspection by the GAO, whereupon the Director pointed to the piled up stacks of incoming work was growing and said he couldn’t meet the workload demand with current staffing. My friend said they could easily to the work if everyone just did their job. The GAO approved an 11% increase in staff.
The problem is that climbing the social ladder in DC and your attendance in the inner circle is not a function of how well you do your job. It depends on how many workers are under your wing. There is no reason to be efficient.
BTW, the agency was the EPA.
Uh, could government-controlled rent prices have anything to do with it?
My brother was a NYCHA cop ion the late 80s.....he said most public areas of every building and more than half the apartments he entered were filthy & disgusting.
NYC is in reality a dysfunctional city which could not exist as is without billions in taxpayer subsidies. Its high taxes are a big part of its high costs, and in spite of many elite employment venues those high scosts make for a permanent subclass that must be subsidized or the elite will have no one to do the dirty work for them.
Speaking of NY housing, today some brick work fell from a building in NY and killed a woman who was sweeping snow in the front of the building.
Government regulations and taxes is what makes housing so expensive.