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This has nothing to do with what anyone deserves or doesn't deserve. If you want the poor to live in desirable places, the best way to do that is to give them t
by murbard2 11y ago
This has nothing to do with what anyone deserves or doesn't deserve. If you want the poor to live in desirable places, the best way to do that is to give them the money to do so.
Trying to control prices directly has a track record of backfiring horribly, for reasons which are well understood by economists and uncontroversial.
- danharaj 11y agoWhat is the difference between horrible and not horrible in this case? NYC is not in flames.
- murbard2 11y agoThe Bronx did go up in flames when landlords set their own buildings on fire as they were taking a loss on their rent controlled buildings, where the rent didn't even cover the mandatory maintenance.
- busterarm 11y ago> The Bronx did go up in flames when landlords set their own buildings on fire as they were taking a loss on their rent controlled buildings, where the rent didn't even cover the mandatory maintenance. This is demonstrably wrong. Arson was involved in 7% of the fires and almost all in already abandoned buildings. Fire burned the bronx because city budget cuts closed fire departments, reduced fire inspections and caused hydrants to not work. FDNY administration rigged the closures to not affect the neighborhoods they lived in. http://nypost.com/2010/05/16/why-the-bronx-burned/ http://nypost.com/2010/05/16/why-the-bronx-burned/
- murbard2 11y agoCould it be that some of the landlords successfully made it look like an accident to collect the insurance money?
- busterarm 11y ago@murbard2: > Could it be that some of the landlords successfully made it look like an accident to collect the insurance money? The linked article directly refutes that claim three different ways.