Submitted by alex12m t3_ycnjzz in jerseycity
Ilanaspax t1_itqvphk wrote
Reply to comment by doglywolf in $500 rent increase in West Side! by alex12m
When you have so many properties owned by corporations they can wait out vacancies and/or work together to artificially inflate the rental market. That’s why only building giant luxury rental buildings isn’t going to do shit to solve the pretend housing crisis until there is a serious policy change.
JeromePowellAdmirer t1_ituvchh wrote
> pretend housing crisis
lmao. Ask Vancouver how a vacancy tax only approach goes. I'm all for a vacancy tax but pretending it will magically solve everything is ridiculous. Rent control won't do it either. NYC has strongest rent control in the nation... and highest rents in the nation.
Ilanaspax t1_iu5kfob wrote
I said neither of those things in my comment but it’s flattering to see that you are so obsessed with me you’re at the point where you’re writing fanfic.
doglywolf t1_itqvy8v wrote
Hmm i can see that . I have a buddy that live over in the Beacon and they say they are fully populated and only have 2-3 openings.
But he says he feels like his floor is empty and never sees or hears any neighbors anymore when his floor used to be a super busy hub.
mbstor23 t1_iu1bggp wrote
Fuck off with your “pretend housing crisis.” It’s very much real and harming a lot of people.
Ilanaspax t1_iu1got4 wrote
Oh no sounds serious. Hope they catch whoever is causing it
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