Submitted by BarbaraJames_75 t3_zubv42 in nyc
Wowzlul t1_j1rjgn5 wrote
Reply to comment by ssn156357453 in Development v. Historical Preservation? 14 Gay Street in Greenwich Village by BarbaraJames_75
I'm not gonna respond to most of your comment because I feel like we've both made our points on those topics by now.
But there is one argument in here that drives me nuts:
> Upzoning the Greenwich village doesn't allow for affordable housing. It creates more expensive housing.
This has to be the most dangerous slogan to come out of the last twenty years. In our current economic reality, you have to build more units, of all types, in order to have a chance at driving rents down.
Yes it's "supply side." Yes it's "trickle down." But it works, at least enough to make a dent in the problem. Up-market units will house high income people, making fewer of them compete with lower-income people for older, less desirable apartments.
Is it perfect? No. Is it going to result in a completely fair and just world where everyone has low rent and can live wherever they want? No. Is it better than our current plan of building absolutely nothing new anywhere near anything? Hell yes.
The cold hard truth is that in our current reality if you stop building new cars then used cars are going to become astronomically expensive. A similar logic applies here unfortunately.
I really don't think we have a choice in the matter. At least, not if we're gonna have any hope of nyc not going the way of San Francisco: a NIMBY retirement community for people who got in when the getting was good and have locked the gates behind them.
ssn156357453 t1_j1rkeyq wrote
at basic level greenwich village is pretty. most of queens is ugly. Rather destroy ugly that pretty neighborhoods.
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