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brownredgreen t1_j615dx0 wrote

Reply to comment by OrangeSlimeSoda in Mayor Adams unveils proposal to convert Midtown offices into apartments by psychothumbs

The City is capable of building housing tho, right? They have outsourced that to private companies via incentives, but they COULD right?

Trying to find a way for the Owning class to squeeze money out of.people trying to have a roof over their head, is gonna end badly for everyone except the property owners.

Doesn't seem like a good plan.

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akmalhot t1_j61ovyz wrote

have you seen nycha housing and management?

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parkerpyne t1_j61ikz0 wrote

>The City is capable of building housing tho, right? They have outsourced that to private companies via incentives, but they COULD right?

With what money? Neither municipal, nor state nor federal have any. The US at the federal level alone is approaching a trillion dollars in interest payments this year. It's the least productive way to spend money and yet, everyone constantly looks at the administrations to solve problems. Every time they do it, that slice gets bigger.

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damnatio_memoriae t1_j62njzo wrote

yeah but the property owners are the ones dictating the plan so it doesn't matter if it's a good plan or not, it's the plan we're gonna get.

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