By making capital utilisation less efficient, and impairing the development of new capital that would be used for housing in New York (which would take the pres

By making capital utilisation less efficient, and impairing the development of new capital that would be used for housing in New York (which would take the pressure off older housing, lowering prices). Of course, if you're talking about ways that New York City makes housing capital less efficient, you're going to have a list some five miles long, so it's really just adding insult to injury, but one can still gripe about it.