It’s so ironic that the nyc population who priced out the locals are now complaining about being priced out themselves.

Likely a generator or pump draining ground water.

Agreed.

I am somehow even more confused.

where can we check which buildings are rent controlled?

Which construction site?

It's like facebook posts that say "So upset, don't ask" when they do in fact want people to ask about it

> Supply per se isn’t the issue as we had a building binge the last decade.

The problem isn't isolated, our neighbor NYC hasn't been building fast enough, and that means we haven't been building fast enough either, to cover our needs AND their needs.

The things you suggest are the opposite of what we need, and would contribute to rising rents, higher infrastructure costs, more pollution, and a more unhappy population.

In short: it's moronic.

Density is the solution, not suburbanization.

Bingo

Cheesecake Factory

Can't speak to the enforcement of the ABNB laws, but they're on the books and pretty strict. Looking at the 07302 and 07310 zip codes for a hypothetical rental a few weeks from now, it looks like there's about 20 total. Before those laws were passed, you used to see scores, if not hundreds, so it seems they're working.

I think we can wrap up the thread now

[removed]

We live in a capitalist country and our housing is reflective of that. Without signifficant systemic change you can really only change things along the margins.

I'm pro development but if NYC is still under building any new units will quickly get absorbed no matter how much you build.

She made it hers

I'd agree, though I'd rather rich homeowners downtown don't get to escape. I would make the tax on "everyone" but add a 500k deduction for primary residence

There's no secret answer here. More supply has to be built.

Some complain about developers building x,y,z. Guys, they are private, for-profit, companies, not a government agency working for the social good.

The truth is if we want affordable housing, the government needs to get involved at all levels, and Americans need to buy back into government built housing. This would need local, state, and federal governments expending billions on just building dense, affordable housing themselves.This would necessitate a hefty increase in taxes too. You can't rely on private, for-profit, companies to build affordable housing. It literally does not make sense for them, they aren't a charity. This doesn't even get into the neccesary sweeping policy changes (e.g. essentially banning R-1 zoning nationwide, restricting agencies from buying up new real estate, etc)

And if we really want a change, well, unfortunately, the only countries with affordable housing in desirable areas (e.g. Japan) fundamentally think of housing as a place to live and not an asset. As soon as people stop seeing homes as an asset, prices will deflate in all but the most premium (think Central Park or Beverly Hills) of places.

America would only buy into this after a cataclysmic housing collapse. One that makes 2008 look like a playtest. Otherwise, it would be impossible to convince every owner in the country that they should no longer consider their home to have inherent value. Basically the way we think of cars. Good luck with that.

Lots of ideas, few of which would pass political muster because of where we live, but we could start with mandatory huge chunks of any new building being low-income with strict rent control. Any lot left undeveloped after x years gets eminent domain'd and turned into public housing (looking at you, 111 1st St.)

I bet you're fun at parties.

To the surprise of no one

Someone should call Parking Enforcement on that asshole.

You just described suburbanization.

https://preview.redd.it/acfhgmn98lqa1.jpeg?width=1284&format=pjpg&auto=webp&v=enabled&s=4db7a4333b551025e51123fd874e492cef80e637

Update!!!

Fulop: JC Make It Yours!

Developers: Ok