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You’re misunderstanding my point, and your history is off. Rent control did not follow NYC to its housing crisis, NYC went through an extremely dark period of u
by phmqk76 3y ago
You’re misunderstanding my point, and your history is off. Rent control did not follow NYC to its housing crisis, NYC went through an extremely dark period of underinvestment and crime from the 1970s to the early 1990s, independent of housing. And in fact, during that time, we went from 2 million rent controlled units to 22,000 today. And I never proposed “complete public financing for virtually all new housing,” that is a bad faith way of debating me, to put words in my mouth. I said the government should be an available lender to ensure to incentivize the building of new units, and to encourage private investment. Which exists right now with governmental companies like NYC HPD. If you had any domain expertise at all, you’d know that, instead of making strawman arguments.