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EVERYTHING IS TOO DAMN HIGH: Housing costs putting many NYC families on the brink.
With the eviction moratorium now a memory, thousands of New Yorkers now find themselves facing eviction for back rent, at a time when housing prices keep going up.
I know from members of my book club that they got letters notifying them that their rent is going up 33%. But, to be fair owners have also gotten letters notifying them that their insurance, water bill and property tax has also increased. It's going to get ugly.
It is because of the unauthorized workers in NYC. They take jobs, they invade business sectors, they depress the wages of legal citizens. They force rents to go up for legal citizens. They overcrowded everything.
Unauthorized people are a total economic poison pill. They are the #1 top reason New Yorkers struggle to pay for everything today. If you removed all of the unauthorized people the US economy would be restored rapidly.
people didn't pay rent for almost 2 years. anyone who feels bad for them getting evicted now is a fool. anyone who rents to these people in the future is also a fool.
It is because of the unauthorized workers in NYC. They take jobs, they invade business sectors, they depress the wages of legal citizens. They force rents to go up for legal citizens. They overcrowded everything.
Unauthorized people are a total economic poison pill. They are the #1 top reason New Yorkers struggle to pay for everything today. If you removed all of the unauthorized people the US economy would be restored rapidly.
How can they depress wages, and simultaneously force rents to go up, when that is only possible if someone has higher purchasing power, therefore higher wages?
I would be surprised if unauthorized workers could take any of the jobs that would be high in pay, enough to push rents to go up on a location.
In short, I think you have to choose:
- It's either they take the jobs, invade business sectors and depress the wages of legal citizens, or more likely legally authorized workers
- Or they take the jobs, invade business sectors and get higher pay than legally authorized workers, therefore sky rocketing the rents
If that statement about overcrowding affecting rents was true, then they should not be able to increase higher end rents. But rents in the city are very high, even on the higher end: that's probably because there are people able to pay them, and those are not unauthorized workers.
In general, I think the focus on illegal workforce is too much compared to what it really is. Those are the jobs not many people would want to do anyway. And finally, as my father used to say, "you need some plankton for the sea life to be sustainable". One day, people will realize that removing the plankton to actually make the sea clean is equivalent to signing their death sentence.
There are other priorities a society has to take care of.
How can they depress wages, and simultaneously force rents to go up, when that is only possible if someone has higher purchasing power, therefore higher wages?
I would be surprised if unauthorized workers could take any of the jobs that would be high in pay, enough to push rents to go up on a location.
In short, I think you have to choose:
- It's either they take the jobs, invade business sectors and depress the wages of legal citizens, or more likely legally authorized workers
- Or they take the jobs, invade business sectors and get higher pay than legally authorized workers, therefore sky rocketing the rents
If that statement about overcrowding affecting rents was true, then they should not be able to increase higher end rents. But rents in the city are very high, even on the higher end: that's probably because there are people able to pay them, and those are not unauthorized workers.
In general, I think the focus on illegal workforce is too much compared to what it really is. Those are the jobs not many people would want to do anyway. And finally, as my father used to say, "you need some plankton for the sea life to be sustainable". One day, people will realize that removing the plankton to actually make the sea clean is equivalent to signing their death sentence.
There are other priorities a society has to take care of.
For starters, any cheap housing they take up and thus you have more strain to create more affordable housing. Second, they are willing to work for less. If you have a licensed electrician that's part of a union that makes $60-80 an hour and a non-union guy that is willing to work under the table for less, there will be a market for the guy willing to work for less.
Everything has increased. Buying stuff, fixing stuff. Utilities. Not to mention these stupid politicians who make doing business everywhere prohibitive.
Politicians don't provide jobs or housing. Neither do they provide goods. The services that gov't agencies provide is beyond poor.
But people want to vote the same. So I guess they are happy in the struggle life.
Rent also went up because the govt hiked the amount paid by these housing vouchers and are also paying landlord bonuses to take people with vouchers. See that crazy transgender lady who twice murdered someone. clearly looks homeless and deranged and was still able to score an apartment.
NYC will be for the super poor and extremely rich soon enough.
How can they depress wages, and simultaneously force rents to go up, when that is only possible if someone has higher purchasing power, therefore higher wages?
I would be surprised if unauthorized workers could take any of the jobs that would be high in pay, enough to push rents to go up on a location.
In short, I think you have to choose:
- It's either they take the jobs, invade business sectors and depress the wages of legal citizens, or more likely legally authorized workers
- Or they take the jobs, invade business sectors and get higher pay than legally authorized workers, therefore sky rocketing the rents
If that statement about overcrowding affecting rents was true, then they should not be able to increase higher end rents. But rents in the city are very high, even on the higher end: that's probably because there are people able to pay them, and those are not unauthorized workers.
In general, I think the focus on illegal workforce is too much compared to what it really is. Those are the jobs not many people would want to do anyway. And finally, as my father used to say, "you need some plankton for the sea life to be sustainable". One day, people will realize that removing the plankton to actually make the sea clean is equivalent to signing their death sentence.
There are other priorities a society has to take care of.
Plenty of people skip the big contractors and hire the handy man paying less. But the handy man is getting paid cash and can pay higher rent than a taxed pay check. Thus they have more purchasing power.
Cash for a job handyman vs a contractor taxed employee. Imagine the purchasing power difference. It’s the same with any cash business.
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