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If they blew the housing projects up they would need to resettle them. Chicago resettled its housing project residents in working class suburbs that became new ghettoes.
They have already been doing this in NYC.
6 months housing check, and they moved everyone from the Bronx and Brooklyn to the suburbs of Wilkes-Barre, Tobyhana and East Stroudsburg Pennsylvania.
The murder and assault rates quadrupled. Public assistance funds are drying up, and all the homeowners property and school taxes doubled.
How about job spending on technical job training so that people are employable and can support themselves instead of sucking off of the governments nipples the rest of their life?
Poor planning and left wing liberal policies just keep destroying what were once nice quiet, crime free suburban sections of America, all at the homeowners expense.
It has nothing to do with the real estate industry. It is pure economics. You have a bunch of run-down buildings that were for many years subsidized by the government (Feds & State) in order to keep them afloat, that otherwise would not be able to on their own.
Now that government is cutting back on the freebies and so the run-down building managers (NYCHA) need to find other ways to bring in the money. What do they have that is worth anything? Why, lots of underutilized parking and grassy lots of course! So common sense dictates that you sell them.
It has nothing to do with the real estate industry. It is pure economics. You have a bunch of run-down buildings that were for many years subsidized by the government (Feds & State) in order to keep them afloat, that otherwise would not be able to on their own.
Now that government is cutting back on the freebies and so the run-down building managers (NYCHA) need to find other ways to bring in the money. What do they have that is worth anything? Why, lots of underutilized parking and grassy lots of course! So common sense dictates that you sell them.
This is a mayor who previously criticize Bloomberg for a similar plan and ran a campaign on being the anti-Bloomberg and encouraged the poor to vote for him. Dude handed out sweet compensation/settlements to civil suits and union workers, but the buck stops with poor people in NYCHA buildings. Are you really saying our incompetent mayor woke up one day and saw the light by realizing we need to follow Bloomberg's plan and he must not continue his free spending ways?
He opposed Bloomberg's plan not because he thought the plan was bad (although publicly he had to denounce it as such) but because he wanted to be precisely as you said, anti-Bloomberg, in order to further his own cause. Now that he is mayor and that he no longer has to bring down Bloomberg, he is going to go with a plan that makes the most economic sense.
I don't even know what there really is to argue about. What other option do you think there is for the city and NYCHA?
Not so sure of that. Of course he won't be mayor ten years from now, but his decisions can have an impact ten years from now.
People severely underestimate the public sector pension issue that many cities / states will be facing. Just look at what is happening to Chicago now - they need to raise property taxes 60% just to right the ship.
He is all in on this progressive thing - but look at the big city shtholes in this country - all have in common insane democratic leadership - Detroit, Baltimore, Chicago, Philly.
If housing prices pulled back and the financial sector goes into a 2-3 year downturn, the finances of nyc would be in very grave condition.
What is that famous economics quote - you can have a welfare society or you can have open borders, but you can't have both. Nyc is effectively trying to do that. I'd love to hear progressive bill explain how he can support harboring / amnesty for millions of illegals, but fight for higher wages for low skill workers.
Quote:
Originally Posted by NyWriterdude
He won't be mayor 10 years from now. NYC has term limits. It also remains to be seen if he gets reelected.
With that said de Blasio is leasing out project land and he has sold some projects. He won't bankrupt the city
Not so sure of that. Of course he won't be mayor ten years from now, but his decisions can have an impact ten years from now.
People severely underestimate the public sector pension issue that many cities / states will be facing. Just look at what is happening to Chicago now - they need to raise property taxes 60% just to right the ship.
He is all in on this progressive thing - but look at the big city shtholes in this country - all have in common insane democratic leadership - Detroit, Baltimore, Chicago, Philly.
If housing prices pulled back and the financial sector goes into a 2-3 year downturn, the finances of nyc would be in very grave condition.
What is that famous economics quote - you can have a welfare society or you can have open borders, but you can't have both. Nyc is effectively trying to do that. I'd love to hear progressive bill explain how he can support harboring / amnesty for millions of illegals, but fight for higher wages for low skill workers.
Not this again.
Conservatives who like to tout the "failed" liberal cities like Detroit, always gloss over the fact that the greatest and richest cities in the world are all "liberal". New York, London anyone? What do conservatives have? Oklahoma City?
The liberal cities on this list are generally much wealthier than the conservative ones.
Liberal places are also centers of innovation. There is exactly 1 billionaire between all of those conservative cities and about 300 in the liberal column. There are about 290 Fortune 500 companies in the liberal column and only 8 in the conservative column. Innovation by liberals is the reason the United States is the most competitive country in the world. Without things like NYC, Silicon Valley, Hollywood & the arts, the United States would be an oversized trailer park and would have no global appeal.
Higher salaries for city employees that will eventually increase pension payouts
Increased funding of homeless services, education, mental health with little funding cuts to other programs.
Increase in racial tension and more crime.
Somehow the city is projected to have a budget deficit next fiscal year after years of surplus.
De Blasio is a sleezbag making good on political promises. He'll eventually leave NYC with a lump of coal.
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