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Antnee83 t1_j6ns3b5 wrote

Reply to comment by Derstilweedndat in New Yorkers Never Came ‘Flooding Back.’ Why Did Rents Go Up So Much? by WelcomeToTheBough

It's this. There is literally no reason, none whatsoever, for a near universal rent increase like what we've seen outside of simple profit-taking.

If most landlords were holding variable-interest loans? Yeah ok, then I could see it. But the vast, vast majority of loans are fixed these days. There's no excuse.

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WelcomeToTheBough OP t1_j6nuo83 wrote

state wide rent control, now

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Antnee83 t1_j6nve37 wrote

Oh, but some study conducted by landholding interests that can't actually be replicated in any other study says rent control bad and make problem worse acktually

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WelcomeToTheBough OP t1_j6o06io wrote

lulz yes, lets sit on our hands and pay more because the political and real estate class thinks rising rents somehow HELPS US.

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TimothyOilypants t1_j6of0ih wrote

Look, the more rent they collect, the more they can tip their barista. Trickle down baby!

......

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WelcomeToTheBough OP t1_j6oh97m wrote

I love the people with 100k desk jobs and a few rentals. Heart and soul of our community's

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