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Do a little more research. NY has not built nearly enough to keep up with demand and much of the outer boroughs are not zoned to build as dense as needed. That'
by weeksie 9y ago
Do a little more research. NY has not built nearly enough to keep up with demand and much of the outer boroughs are not zoned to build as dense as needed. That's before even getting into the weird economics of rent control.
Today's luxury housing is tomorrow's affordable housing. Being angry at lux high rises is like a dog being angry at its owner after a bee stings its ass. Without those high rises for the hedge fund bros to move into, they occupy merely nice apartments, pushing the rest of us into tenements and everybody else out to the fringes.