Michelle Wu Year 1 - What has she done? (Boston: tenants, prices)

[BostonBornMassMade]

Originally Posted by WestieWhitie

Well yes, poors were showing up for handouts and nearly free housing while everybody else was leaving, and needless to say there was plenty of empty, nearly free housing given the initial huge population decline and nearly zero demand by anyone even remotely affluent. Once again, the only reason rent control “worked” at the time was because market rents at the time were way below what politburo had mandated. That’s the only time it “works” in a sense that it doesn’t make things worse - when it does absolutely nothing and is an empty gesture.

Originally Posted by bostongymjunkie

Your assertions that rent control worked. Whatever "worked" means. I never referenced the "crime aspect." I was here then and don't need references from someone who wasn't. lol

I didn’t say that WW, did.

And it worked in terms of the city was more affordable- that is what we want, no? What am I missing here, we do want more people to be able to afford Boston right? Or no?

[WestieWhitie]

Originally Posted by BostonBornMassMade

Prove it, for our friend Boston Gym Junkie.

Prove what, that water is wet?

Originally Posted by BostonBornMassMade

I didn’t say that WW, did.

And it worked in terms of the city was more affordable- that is what we want, no? What am I missing here, we do want more people to be able to afford Boston right? Or no?

So it’s been rumored a 1980 rusted out Yugo is a lot more affordable than a 2022 Bentley…

[bostongymjunkie]

Originally Posted by BostonBornMassMade

I didn’t say that WW, did.

And it worked in terms of the city was more affordable- that is what we want, no? What am I missing here, we do want more people to be able to afford Boston right? Or no?

WW said rent control worked? No, you did.

The city was more affordable? Than what? The US economy was in a shambles and many people didn't have jobs. You think anything was affordable to those people?

You come here and make a random assertion that rent control was implemented in the 70's and that rent control subsequently caused an increase of 1K young suburban people per year to leave the burbs and live and work in the city? But of course the same rent control didn't cause the downturn from 88-92 right? This is what you're hanging your intellectual hat on? LMAO

[BostonBornMassMade]

Originally Posted by bostongymjunkie

I told you why I referenced 1960. I don't have to frame my posts according to what suits you. The city gained a small percentage of yuppies during the first half of the decade but suffered a downturn between 1988-1992. LMAO

proof?


You are making up an argument that I never made so I didnt quote that part

but, yea..proof?

[BostonBornMassMade]

Originally Posted by bostongymjunkie

WW said rent control worked? No, you did.

The city was more affordable? Than what? The US economy was in a shambles and many people didn't have jobs. You think anything was affordable to those people?

You come here and make a random assertion that rent control was implemented in the 70's and that rent control subsequently caused an increase of 1K young suburban people per year to leave the burbs and live and work in the city? But of course the same rent control didn't cause the downturn from 88-92 right? This is what you're hanging your intellectual hat on? LMAO

The US economy was in shambles in the 1980s?? Not true.

Also please quote me on the bolded. An provide proof of the downturn in 1988-92? Economic yea, maybe beginning in early 1990. But population? Prove that.

Lastly, there is no proof the rent control cause any economic downturn either...

[bostongymjunkie]

Originally Posted by BostonBornMassMade

The US economy was in shambles in the 1980s?? Not true.

Also please quote me on the bolded. An provide proof of the downturn in 1988-92? Economic yea, maybe beginning in early 1990. But population? Prove that.

Lastly, there is no proof the rent control cause any economic downturn either...

When you post your sources establishing that rent control boosted the Boston economy, I will look for sources that support what I already know....because I lived it. And if you are really refuting that the US economy wasn't in shambles in the 1980's you need to do some actual reading. It was in a deep recession then leveled off from 83 to 87 followed by a stock market crash and another recession between 88-92. Unemployment was 7-8 percent and the trade deficits hit record numbers. Ronald Reagan was President. I never said population was in a downturn but it wasn't increasing significantly. Also, about 8000 babies were born in Boston during the 80s.


You're grasping at straws with your rent control fantasy and your unfounded theory goes against not only common sense but actual studies.

[BostonBornMassMade]

Originally Posted by bostongymjunkie

When you post your sources establishing that rent control boosted the Boston economy, I will look for sources that support what I already know....because I lived it. And if you are really refuting that the US economy wasn't in shambles in the 1980's you need to do some actual reading. It was in a deep recession then leveled off from 83 to 87 followed by a stock market crash and another recession between 88-92. Unemployment was 7-8 percent and the trade deficits hit record numbers. Ronald Reagan was President. I never said population was in a downturn but it wasn't increasing significantly. Also, about 8000 babies were born in Boston during the 80s.

Just waiting to be told where and how I sai the bolded and then we can move along. Because right now? youre DEEP in your make **** up bag.

The US economy being in shambles by 1988 sounds premature, I do know of an early 1990s recession though.

https://en.wikipedia.org/wiki/List_o..._United_States

https://www.netsuite.com/portal/reso...-history.shtml

https://www.history.com/news/us-econ...sions-timeline

The FRED doesnt have it either: https://fred.stlouisfed.org/series/JHDUSRGDPBR

No evidence- anywhere of a 1988 recession. Gee- youd think if the US Economy were in "shambles" somewhere other than BostonGymJunkie wouldve made note. Maybe You fell on hard times? Please be accurate when you post though.

[bostongymjunkie]

Originally Posted by BostonBornMassMade

Just waiting to be told where and how I sai the bolded and then we can move along. Because right now? youre DEEP in your make **** up bag.

The US economy being in shambles by 1988 sounds premature, I do know of an early 1990s recession though.

https://en.wikipedia.org/wiki/List_o..._United_States

https://www.netsuite.com/portal/reso...-history.shtml

https://www.history.com/news/us-econ...sions-timeline

The FRED doesnt have it either: https://fred.stlouisfed.org/series/JHDUSRGDPBR

No evidence- anywhere of a 1988 recession. Maybe You fell on hard times? Please be accurate when you post though.

You're disputing the stock market crash of 87? 8% unemployment? Trade deficits?

The Fed rate hikes in 1988 increased inflation. Devil is always in the details. You never have details only soundbites from your phone. LMAO

Nice try at diversion, but your rent control theory is still just something you made up and are trying to pass off as fact. You don't know the details becaue they are hard to find in Google searches.....especially when you have no idea what you're looking for. Again, do you have any evidence to support your made-up tale that rent control in the 1970's caused an insignificant 2 percent blip in Boston's population several years later? The answer is, no, you don't.

[BostonBornMassMade]

Originally Posted by bostongymjunkie

You're disputing the stock market crash of 87? 8% unemployment? Trade deficits?

The Fed rate hikes in 1988 increased inflation. Devil is always in the details. You never have details only soundbites from your phone. LMAO

Nice try at diversion, but your rent control theory is still just something you made up and are trying to pass off as fact. You don't know the details becaue they are hard to find in Google searches.....especially when you have no idea what you're looking for. Again, do you have any evidence to support your made-up tale that rent control in the 1970's caused an insignificant 2 percent blip in Boston's population several years later? The answer is, no, you don't.

Sir...

you said the US was in recession and the economy was in shambles. Now its about Rate hikes ... Stop moving the goalpost. Its pathetic. You were wrong- embrace it, bathe in it. Were -done with that because there is nothing left to say there.

Still waiting on the evidence of where I said Rent Control helped the Boston economy. If you can do that then we can talk about the 1970s and 2 percent blip blah bla blah.

[bostongymjunkie]

Originally Posted by BostonBornMassMade

Sir...

you said the US was in recession and the economy was in shambles. Now its about Rate hikes ... Stop moving the goalpost. Its pathetic. You were wrong- embrace it, bathe in it. Were -done with that because there is nothing left to say there.

Still waiting on the evidence of where I said Rent Control helped the Boston economy. If you can do that then we can talk about the 1970s and 2 percent blip blah bla blah.

Actually I said downturn from 88-92, and it began in 88. And if you're not here arguing that rent control in the 70's has some connection to the population conditions you cite in your post, what is your argument because that seems to be the goalpost that keeps changing.



Are you disputing the following historical facts:

early 80's recession
87 stock market crash
federal trade deficits
S&L crisis
8 percent unemployment
Fed raising rates in 88 resulting in recession


Is your argument that the economy was booming during the 80's?