cbernaut retweeted
Get rid of rent regulation and do everything possible to increase supply, this is the root cause, basic supply and demand. So many of us have given up hope on raising families in the city due to existing policies impact on housing prices, it’s truly a tragedy!
cbernaut retweeted
You want bold action? Eliminate all forms of rent regulation. Systematically identify and cut regulations that increase costs to maintain housing units. That’s why thousands of apartments stand empty. More of the same policies that led to this crisis will only continue to make things worse.
cbernaut retweeted
Yes, ask the agency who is partly responsible for the problem instead of asking the people who own and manage the buildings under the regulations NYS and NYC have implemented.
Great idea. Great use of tax dollars on the study. Bang up job again by the politicians who only listen to pro-tenant advocates / groups because that's what gets them and keep them elected.
cbernaut retweeted
Rundown ghettos, or Mamdanistans, are slowly being created.
Landlords are prevented from raising rents to cover risings expenses. Buildings are not maintained as a result.
So the idea is to sell badly neglected building to different owners, owners who are more socially conscious, more sensitive to the needs of their deadbeat tenants.
From the article: "Mayor Zohran Mamdani’s effort to steer the sale of crumbling apartment buildings to tenant-approved owners has suffered another setback. Dozens of deteriorating properties in East Harlem that City Hall tried to deliver into the hands of an affordable housing developer are instead heading to the auction block in Manhattan starting Tuesday afternoon."
Guess what happened at that auction on Tuesday: "14 out of the 15 properties in the auction block received NO BID" (via @KennyBurgosNY)
No one wants to own those buildings, because no one wants to take hard currency and throw it into the nearest trash can.
That is a time-proven fact.
"Tenant-approved owners" DON'T EXIST, because the tenants would only approve of owners who would treat them like small children and provide all their needs for free.
Now this is where we get to the essence of the problem: The people who run the city have no more sense in their heads than those tenants do.
gothamist.com/news/emerald
cbernaut retweeted
I’m a Democrat who believes the anti-American bigots of the DSA are a cancer on the Democratic Party and the American body politic. That’s why I’ve consistently and forcefully condemned the DSA and called on congressional Democratic leaders to do the same.
The congressional Democratic leadership should now use their power over committee assignments to keep DSA Congresspeople as far from positions of influence as possible.
The DSA did not flip a single seat from red to blue and did nothing to power our national victory, but it did turn out voters in the few deep-blue primaries where its candidates won (and where any Democratic candidate would have won).
We can and should be honest about both facts.
We can recognize that some of the issues DSA candidates campaigned on resonated with voters while unequivocally condemning their despicable anti-Americanism, anti-Americanism, glorification of terrorists, lawless violence, and calls to seize the means of production and to abolish the police, prisons, and Senate.
Mainstream Democrats won this election without the DSA’s help, but we should have the humility to see that a few of the issues it championed struck a chord.
Too many Americans can’t afford the health care they need or see a clear path to getting ahead. We should keep those concerns at the center of our own agenda with practical policies that lower the cost of care and expand opportunity for every American. Our party can and must continue to take those concerns seriously while fighting the DSA’s dangerous radicalism every step of the way.
cbernaut retweeted
@JKetcham91
The State of New York has now factually zeroed out the value of a collection of previously valuable Rent Stabilized buildings. The auction produced no bids on 14 out of 15 properties. John, does this mean the Penn Central test has been met? Is the law now a facial uncompensated act of eminent domain?
bisnow.com/news/new-york/mul…
Again, I apologize, it should have been obvious from the start that you have a limited mental capacity.
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cbernaut retweeted
Every week our info email receives requests like these. So frustrating and sad because here is a family with a voucher in hand, but no apartment to use it.
NYC won’t let a rent stabilized property owner collect the entire voucher, despite no cost to the tenant.
So apartments that are too costly to renovate at legally frozen rents stay offline, serving no one. 60,000 empty units according to DHCR.
Thousands of families like this are looking for homes and because the law is more concerned with punishing property owners rather than helping people, voucher holders like this are left to suffer in the shelter system.
We. Need. More. Supply.
cbernaut retweeted
This very point was made by John Stuart Mill who argued that those who receive or stand to receive more benefits from the state than they contribute to it shouldn’t be in a position to determine the allocation of state funds.
Mill writes, “It is also important, that the assembly which votes the taxes, either general or local, should be elected exclusively by those who pay something towards the taxes imposed. Those who pay no taxes, disposing by their votes of otherpeople’s money, have every motive to be lavish and not to economise. As far as money matters are concerned, any power of voting possessed by them is a violation of the fundamental principle of free government; a severance of the power of control, from the interest in its beneficial exercise. It amounts to allowing them to put their hands into other people’s pockets, for any purpose which they think fit to call a public one...That representation should be coextensive with taxation, not stopping short of it, but also not going beyond it, is in accordance with the theory of British institutions.” [Mill, Considerations on Representative Government, Chapter VIII, 331-332]
I'm just here for the ratio
On this 25th anniversary, we mourn the thousands of lives lost on 9/11. Our hearts are with their loved ones.
Let us also honor the courageous first responders who gave their all in our darkest hour.
We will #NeverForget their bravery in the face of such terrifying tragedy.
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cbernaut retweeted
As an MIT economist, let me offer Mamdani a free economics lesson: a fraction of a percent isn’t savings. It’s a sound bite. 🎤
Mamdani brags about savings in NYC's massive school budget that amount to a fraction of a percent trib.al/wUWgBw5
cbernaut retweeted
This is all true, which is why we can't get a SCOTUS ruling on rent control soon enough
