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Just wondering, should all rent subsidies and stabilization be ended?
Honestly, if you can't afford to live in a place long term, why do you need government intervention to keep you in your home? If you can't afford the rent where you stay, why not move to someplace in this whole big world where you can work and afford your home? This is what most people worldwide are faced with.
Why do some people here think that they are entitled to live in the most expensive city in the world indefinitely, on the dime of others?
I'm not against temporary assistance, but there is nothing in the constitution that mandates the government has to maintain you in your building of choice indefinitely!
Added to that, half the city is not born here. Of the half that is, most of them are first or second generation New Yorkers. Meaning they've got people living in other places!
I would eliminate rent control and rent stabilization period - but would also disallow any non-citizens or people who will not be living full-time in the property from buying or renting it, which would reduce upward pressure on the NYC market from foreigners buying pied a tiers.
There is no justification for rent control / stabilization anymore, every other city in the US has gotten rid of it, it is long past time for NY to do so as well.
Why o why did you start this thread? For the past 5 years there has been many many threads on this subject.
Everyone all over the country is in this same boat if they didn't buy their home 30 years ago. Only the people that own homes in NYC, LA, Boston, Seattle, the Bay area, and the southern CA coast, that sell and move to a cheaper area where they can buy and have money left over to live where they can afford their home.
What is cheaper somewhere else is not really cheaper because the pay is lower. You may get more bang for your buck but it is harder to get that buck. Some places have absolutely no work for you if you are not White. Many places only pay a little more than minimum wage and there is no where to live with that anywhere in the US.
This is why NY shelter system is full of people from all over the US. Many people are homeless all over the US. Many states have no aid to give. Human trafficking is offf the chain as a result of the poverty. People don't think they deserve to live here, if they could get any subsidy in other states they wouldn't come or stay here.
If you are well educated and have a skill, or you know how to hustle and work in hospitality or the gaming industry you may be able to survive anywhere.
Maybe people should stop to think the next time they support a politician like obama who advocates for illegal aliens gaining citizenship, an expansion of the H1B program, and increased legal immigration, particularly when they complain about the lack of jobs and degeneration of middle class wages over the past 30-40 years.
Actually, I don't care if the landlords get more money or not. I do think people are responsible for their own living situations, and its their responsibility to find a place to stay. Its no one God given right to have a rent stabilized apartment in NYC. Find a place in this world you can afford on your own and come up with your own solutions instead of depending on the government for everything.
That was my point.
Apparently you are fibbing and from your posts you DO care a great deal if landlords get more money, why then say you don't?
As for "God given rights" there is no GOD GIVEN right to the ownership of property. The ownership of property and whether or not it can or should be rented to others for money and for how much is a SOCIETAL DETERMINATION.
God has not made his voice heard on the matter.
For any landlords who ARE hearing the voice of God directly there is a whole class of drugs to deal with the problem.
Of course they should. Rent regulation has constipated the NYC real estate market for decades, and has had the effect of vastly driving up market rents.
The city/state should get rid of all rent regulation, and sell of the housing projects. Most of the city, especially parts of Manhattan should be seriously upzoned. And I seriously look at getting rid of landmarking. This would spur huge development, allow high end demand to finally be satisfied, allowing market rate development of mid priced properties. People who don't need to be, and otherwise can't afford to be in NYC will have to leave (which they'd be generally better off doing anyway.) They'd be replaced by people who are more in a position to both contribute to, and take advantage of NYCs economic opportunities. These people would be in a better position to pay taxes to help maintain the city. Also all the development would be paying higher property taxes than what had existed previously.
As said in the past if you end rent stabilization you will have approx. a million tenants homeless.
And 4 times that off welfare. With about 1/4 of the NYC budget set aside for welfare, that would be a huge relief on us taxpayers, and would invigorate the economic environment here enormously. The welfare recipients would be welcome to return to either mexico, puerto rico or other foreign country after having snuck into the US for such benefits, or to another state with lower costs where they'd have to find work. I'm simply fed up having to pay for both my family as well as the latest illegals and such.
Apparently you are fibbing and from your posts you DO care a great deal if landlords get more money, why then say you don't?
Are landlords not entitled to profit, like actors, singers, stock owners, business owners, or any other human being? Or should people just buy property and then let anyone who wants to live on it do so for free?
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As for "God given rights" there is no GOD GIVEN right to the ownership of property.
Quite a ridiculously stupid comment. In a socialist country, there is no ownership of private property, the State owns everything. Is that your goal?
I can then argue there is no G-d-given right to live in NYC, either.
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The ownership of property and whether or not it can or should be rented to others for money and for how much is a SOCIETAL DETERMINATION.
Absolutely, through market forces - which have been denied to property owners in NY for decades, an unconscionable crime.
NYC existed for a very long time without rent control/stabilization, it has only served to create yet another class of entitled elites (see public union employees) dedicated to supporting the masters controlling their addiction to someone else's money, i.e., the Democratic party.
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