3 ms·
>>>I have no problem with those who were alive during that time keeping rent-control. However, I do have a problem with it when people making $250,000 per year
by mikecane 13y ago
>>>I have no problem with those who were alive during that time keeping rent-control. However, I do have a problem with it when people making $250,000 per year get in on RC because they have connections and pay key money to the children of the deceased. That I have a problem with. And then these hypocritical limousine liberals brag about how they're "sticking it to The Man" by using their connections to get a deal literally superior to ownership.
Oh, I agree completely. I once worked for a boss making six figures who was paying the kind of rent I could afford and he was lucky because he'd been in that place for over twenty years. But what's the solution? If you charged him rent based on his income, the registered rent increases, and will never go down because the landlord will make sure the next tenant has a six-figure income.
New York City rents are an insane system that really does no one any good, especially for those who work and don't make six figures -- which is most of the people who live in NYC.