Submitted by Russianb0t1 t3_11sfk5k in nyc
isowater t1_jcfijof wrote
Reply to comment by Dont_mute_me_bro in Douglaston residents come out against Hocul’s affordable housing plan by Russianb0t1
This right here is the problem. It's not racism, it's money. It's always money. We'll never solve this issue until we stop treating real estate as an investment. Other countries have been successful to combat this
Dont_mute_me_bro t1_jcfnls7 wrote
Devaluing real estate is akin to devaluing social Security. It's an electoral 3rd rail. Have at it. Whoever votes for that will be out of a job comes next election cycle.
isowater t1_jcfs8w7 wrote
That might be the case now, but as more property is bought out and rented and home ownership declines, the pendulum will swing the other way electorally. If we don't pass sensible legislation now we will have radicalized legislation later. For example see California's state wide zoning changes last year
Dont_mute_me_bro t1_jcfu5m8 wrote
California is losing population in droves. Just saying....
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