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Darrackodrama t1_iw126ks wrote

Reply to comment by NetQuarterLatte in New York City Is Failing Tenants. So They’re Getting Organized by ethnt

100% false we’ve gone through this nationwide.

Look at Vienna 40% quality public housing stock and 1/2 as expensive rents.

As long as housing is an investment it’ll be too expensive.

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NetQuarterLatte t1_iw1g07d wrote

It can be owned and it can be cheap enough to buy with the cost amortized over time, if we make enough housing.

That’s better than being chained to a lease and paying rent for life.

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Darrackodrama t1_iw1hlg9 wrote

You’re assuming that the private market wants to build the type of units we’d need to build for housing to not be where it’s at. They don’t want to and that’s why we are where we are. Until we introduce public sector competition to the housing market or outright set rates on rent we will continue to get hosed.

We’ve tried private markets long enough and look where it’s gotten us.

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NetQuarterLatte t1_iw2dipb wrote

The problem is that there is no market for constructions when only the “well connected” are able to get zoning/permits to build housing.

NYC was captured by a NIMBY mafia that is starving the city of new supply.

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Darrackodrama t1_iw2kxxd wrote

Lol you are Proving my point, the housing market is run by a nimby cartel Because that’s what happens when you leave decisions of public concern in private hands.

It’s like in your mind these things just happened to occur; without considering that they maybe occurred because of the states deference to the market to House basically everyone.

If you wanna simp for capitalism that’s fine but we know how to fix housing crises because we have an example of how to do it. Whether you accept it or cope and blame zoning is up to you.

We need like 600,000 more affordable units and the private market is not going to provide them, so the public sector needs to step up and learn from Vienna

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NetQuarterLatte t1_iw2lr2e wrote

Let’s just be clear that minority who captured the market is in the NYC Council and in Albany making laws, while posing as “advocates” for tenants.

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