Recent comments in /f/nyc

Pennwisedom t1_jcgqlvo wrote

I'm not sure what you're talking about, the US hasn't bought new drones or weapons among what they gave to you Ukraine, they've been giving them old end-of-service life extra materials that we have laying around. And the money for SVB came from the Deposit Insurance Fund, which is a fund paid into by the banks, and also interest on government bonds, no taxpayer money has been used for this.

4

99hoglagoons t1_jcgq1ui wrote

I own in the city. Not looking for a handout. But I also rented here for very long time and have sympathy for renters who have to deal with negligent landlords who will fuck you over by denying basic services or plain force you out in name of chasing the profits. Been there.

Places where not-for-profit housing exists, you are basically paying a COOP fee instead of rent, and that fee covers cost of all operating expenses. Underlying mortgage, common utilities, maintenance, etc. No private profit is levied on top of that. Over the years such housing becomes really inexpensive. This is not some commie plot to nationalize housing. Variations of this have existed for a century in NYC. For the last 2 decades+ we have been balls deep into "private for profit developers" will magically make housing more affordable. Not happening. Not here, or anywhere else that took this neoliberal approach.

5

n3vd0g t1_jcgm66t wrote

> It's about half of all subsidized units, and has been in major drawdown mode for a while, shifting more units from government-owned to private-owned-but-regulated.

If this is true, then it doesn't seem to be doing them any favors. Housing prices are rising sharply as a result. https://www.globalpropertyguide.com/Europe/Austria/Price-History

> NYC is not only incredibly densely populated (about 3x Vienna) but that population density extends out throughout the immediate metro area. For NYC to replicate it would require either deploying large swaths of small homes in the outer borroughs and converting them to midrises (which will cost billions upon billions of dollars and piss off a ton of long-time New Yorkers,)

So just do nothing then? That's your solution? Our country is in crisis and all we seem to do is virtue signal about homelessness while only actually caring about landowners. Do you know how much we spent on the Iraq war alone? Billions upon billions is quite literally nothing to the American government and that money would be cycled into people's pockets as people would be employed during this process to build these things.

2