coldbruise
coldbruise t1_j806au8 wrote
Reply to comment by colourcodedcandy in Median New York rent passes $4,000 a month in January by geoxol
>Trickle-down housing policy is a farce. In a highly speculative housing market, increasing the supply does not automatically reduce housing costs. When cities permit more market-rate development, developers build more market-rate housing, because that is what will yield the highest return on investment. Especially when labor productivity lags in the construction sector, the profitability of housing production depends on rising rents. Rents are set not based on the quality of a home but on whatever the market will allow. This is why most “luxury” housing is so ugly and poorly built.
> “Affordability” is an abused concept in development deals and local policy-making. Developers receive public subsidies and tax abatements to build market-rate apartments, sometimes with conditions to set aside “affordable” units. Those conditions rarely create truly affordable housing, because the definitions of “affordable” have more to do with what is affordable for the developer than with what is affordable for a working family. Affordability standards are determined by “area median income,” but the area isn’t a neighborhood; often it’s a county or a metro area, and the incomes aren’t limited to tenants but also include those of property owners.
From the linked Nation article.
coldbruise t1_j6xnir5 wrote
Reply to comment by WikiSummarizerBot in New York Pays $121 Million for Police Misconduct, the Most in 5 Years by hau5keeping
Let them throw their tantrum again, this time for the whole world to see.
coldbruise t1_j6iozx7 wrote
Reply to comment by Adalovedvan in What are some shows that were advertised to one demographic, but became successful outside of the target demographic? by blqckwidow
The way Sleepy Hollow shot itself in the foot was painful to watch. I loved S1 and especially the blossoming relationship between Abby and Ichabod. I guess people shipping the two was the showrunners' worst fear, because the pivot they did after the first season was nonsensical.
coldbruise t1_jbjfrgn wrote
Reply to comment by Soap_ in Upper West Side votes against proposed rest stop for delivery workers at 72nd Street by mowotlarx
There's no way in hell a delivery service would decide to not operate in NYC.