ER301 OP t1_j7ich0q wrote

Reduced rent through increased housing is certainly a piece of the puzzle, and a great investment for the future, but it would likely be a decade before we actually saw any substantial citywide rent reductions due to expanded housing availability. If rent stabilization was outlawed, what would working class families do right now, in real time?


ER301 OP t1_j7gyx2o wrote

Hopefully the Supreme Court doesn’t take this case, but if they do, and they side with the landlords, hopefully legislators will be able to come up with a new law that can’t be challenged successfully. I guess we’ll see. This law is one of the few things that keeps NYC affordable for working class people. Would really be a sign of the times to see it go away.