[general_re]

Guess what? The law in NYC doesn't let you indulge your mean republican capitalist instincts - you're not allowed to do that. Now, knowing that, would you get into the landlord business in NYC?

Yeah, me either. And that's why there's not nearly enough residential housing in NYC - because potential landlords aren't as stupid as the NYC Department of Housing thinks they are.

[angkor]

When I lived in Boston I paid $1,200 for a studio in Back Bay. Across the river in the People's Republic of Cambridge, people were paying $350 for a rent-controlled 3-bedroom within a few blocks of Harvard Square.

[weegee]

Between $200,000 taxi "medallions" for cab drivers to operate (with a requirement that they replace the car every 5 years) and rent control that helps people to remain living (at the cost of living) in the 60s; New York, New York it's a Hell of a town...