4 ms·
The thing is Manhattan has a very similar dynamic to San Francisco. Rent control has artificially reduced the supply of Manhattan real-estate which has most def
by enjo 13y ago
The thing is Manhattan has a very similar dynamic to San Francisco. Rent control has artificially reduced the supply of Manhattan real-estate which has most definitely helped drive the overall cost way up. Ironically in order to protect poorer residents, Manhattan has effectively driven the middle class out of the city.