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I have a related take, I guess: I live in Williamsburg, NYC. A lot of people want to live in Williamsburg, NYC. More people than the neighborhood can house. Wh
by chasing 12y ago
I have a related take, I guess:
I live in Williamsburg, NYC. A lot of people want to live in Williamsburg, NYC. More people than the neighborhood can house. What's the solution to this problem? Preventing landlords from raising rents to what the market will bear seems unfair. Allowing rents to run wild and create problems for existing residents seems unfair, as well.
I know money doesn't at all indicate someone's worth as a human or how great of a contribution they're making to the world. But. In an economy such as ours, it does indicate what kind of TV you can buy, what kind of car you can drive, and what sort of home you can live in.
Oh, and I'm not saying I think housing prices should just be a free-for-all. Regulation is good. But it doesn't get us completely around what seems like the core issue...
- madengr 12y ago"Allowing rents to run wild and create problems for existing residents seems unfair, as well." Yes, it seems unfair, but that's what ought to be done, as they have made no investments, as compared to the landlords.