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IsstvanIII t1_iqz5u0g wrote

Reply to comment by effort268 in Construction Continues as 55 Union Rises in Newark’s Ironbound | Jersey Digs by 66nexus

‘Sadly we live in a capitalist society’ Buffoonery

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effort268 t1_ir31ipv wrote

Unless youre a homeowner, you best believe demand for housing will increase your rent. Hence its good to increase supply so prices don’t increase too much.

If you purposely push down supply, prices will go up. Capitalism (developers, high income folks) are realizing Newark potential, hence the increase in rent. That’s capitalism.

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IsstvanIII t1_ir36v2v wrote

And Capitalism is what makes it possible to have nice things.

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