colourcodedcandy
colourcodedcandy t1_j82663e wrote
Reply to comment by Darrackodrama in Median New York rent passes $4,000 a month in January by geoxol
Of course, I guess I meant we need to increase supply and what you mentioned are some of the key things we can do for that.
colourcodedcandy t1_j8261ay wrote
Reply to comment by DarthDialUP in Median New York rent passes $4,000 a month in January by geoxol
NYC has a housing shortage. When demand fell in proportion to supply during the pandemic, so did rents.
But from what I can see you don't believe in peer-reviewed research, so I think we can call it a day here.
colourcodedcandy t1_j813qft wrote
Reply to comment by Effeted in Median New York rent passes $4,000 a month in January by geoxol
There are people in this very thread disputing peer-reviewed research because "it's written by luxury housing developers" -- these people are beyond redemption and don't believe in what economists have to say. There's little point in debating tbh
colourcodedcandy t1_j8138i4 wrote
Reply to comment by DarthDialUP in Median New York rent passes $4,000 a month in January by geoxol
Yes, all academics and thinktanks publishing this research are actually luxury builders in disguise. Please feed into more conspiracy theories.
https://academic.oup.com/joeg/article-abstract/22/6/1309/6362685?login=false
colourcodedcandy t1_j810yuu wrote
Reply to comment by coldbruise in Median New York rent passes $4,000 a month in January by geoxol
It doesn't matter if they build luxury units. The people that can afford those luxury units will opt for those units, easing the demand for smaller townhomes. https://escholarship.org/content/qt5d00z61m/qt5d00z61m.pdf?t=qoq2wr
Of course we need to prioritize housing for all, but any housing built is helpful.
colourcodedcandy t1_j7zsnii wrote
Reply to comment by [deleted] in Median New York rent passes $4,000 a month in January by geoxol
That's not how things work.
https://www.theatlantic.com/ideas/archive/2021/04/theres-no-such-thing-luxury-housing/618548/
https://www.thenation.com/article/society/affordable-housing-debate/
https://www.fullstackeconomics.com/p/how-luxury-apartment-buildings-help-low-income-renters
https://www.nytimes.com/2020/02/14/upshot/luxury-apartments-poor-neighborhoods.html
colourcodedcandy t1_j7z5yr8 wrote
Reply to comment by [deleted] in Median New York rent passes $4,000 a month in January by geoxol
Oh also…maybe building more
colourcodedcandy t1_j7viv44 wrote
Reply to comment by 101ina45 in Manhattan rents hit an all-time high in January by WarrenBuffetsDriver
Well the city can't be highly coveted and the center of everything and be cheap at the same time -- it's expensive because so many people want to live there and there is little supply
colourcodedcandy t1_j7u9amy wrote
Reply to comment by TopspinLob in NYC’s homeless services chief Gary Jenkins resigning as migrant crisis surges past 44K by NYY657545
That's the city's problem - perhaps the city needs to stop calling other parts of the country inhumane for sending migrants to NYC and then following it up by bussing them to Canada. I'm not saying NYC has the resources to deal with it or whatever, but this is deeply hypocritical
colourcodedcandy t1_j7u8ve2 wrote
Reply to comment by LoompaOompa in NYC’s homeless services chief Gary Jenkins resigning as migrant crisis surges past 44K by NYY657545
https://www.reddit.com/r/nyc/comments/10xi944/some_migrants_bussed_to_canada_already_heading/
You can take a look here.
colourcodedcandy t1_j7pp5tt wrote
Reply to comment by Double-Ad4986 in NYC’s homeless services chief Gary Jenkins resigning as migrant crisis surges past 44K by NYY657545
I'm absolutely not saying TX handles the crisis reasonably and they definitely need to stop sending more people elsewhere because they do get federal funding to handle this.
I'm mainly talking about people's perceptions towards immigrants changing, which is sad to see, and potentially proving republicans right when they say you will change your tune when you have migrants come to your city. I find the anger in this thread (and many others of late) to be misdirected towards the migrants than the city/government. I agree with your take in general, but I find many others are just blaming the migrants.
colourcodedcandy t1_j7pez2d wrote
Reply to comment by mtempissmith in NYC’s homeless services chief Gary Jenkins resigning as migrant crisis surges past 44K by NYY657545
I’m a liberal, but NYC complaining is just proving Texas right about this
colourcodedcandy t1_izg1weh wrote
Reply to comment by [deleted] in “Adams Plan Would Relax Rules for Developers Amid N.Y.C. Housing Crisis” The mayor proposed reducing requirements that he said slow the construction of new homes as the city contends with a housing crisis. by CactusBoyScout
Do you realize why landlords have so much power? Because the supply is restricted. Even peer reviewed research doesn’t seem to get through people like you.
colourcodedcandy t1_ixipzmc wrote
Reply to comment by crispydukes in Police: Man, 25, charged in connection with string of robberies at off-campus Temple residences by Franklinia_Alatamaha
Ok why are you ignoring arson?
colourcodedcandy t1_ivh40al wrote
Reply to comment by napsdufroid in Asian sunscreen in Chinatown? by wumbophobic
They feel lighter and are often more gel-based as opposed to cream based. In my experience they are also much cheaper
colourcodedcandy t1_iu49brp wrote
Reply to comment by Infinite_Carpenter in NYC chief housing officer: The era of YIMBY is here by ToffeeFever
Keep denying peer reviewed research. Even Brookings disagrees with you. https://www.brookings.edu/research/what-does-economic-evidence-tell-us-about-the-effects-of-rent-control/?amp
colourcodedcandy t1_isdnn45 wrote
Reply to comment by 31November in Penn students face disciplinary hearings for campus protests by dotcom-jillionaire
Well it’s not really the looks as much as the motivation behind the (far?) left (I’m liberal) wanting everything to be ripped out and transformed from the ground up. Abolish the police, all men are trash, or in the case of these protesters, gentrification kills. It’s not that there is absolutely no merit to any of their arguments - it’s that the extreme stances reduce them to caricatures that most people trying to go about their day (center of the spectrum) couldn’t care for. It’s not like these ideas “look bad”, some of them just lack nuance. There is good evidence from economists on building more and increasing supply even if they are “luxury” units because it reduces neighborhood housing prices. Rent control isn’t a good idea even according to Brookings but you won’t find any dearth of people railing against capitalism calling for rent controlling ALL units on r/nyc. (Before you come at me, I’m a brown liberal but not an American, if i could I would vote blue always.)
colourcodedcandy t1_isbw90y wrote
Reply to comment by dotcom-jillionaire in Penn students face disciplinary hearings for campus protests by dotcom-jillionaire
They have like a laundry list of ridiculous demands though. Penn buying the UC townhouses property is going to cost MILLIONS, and they’re definitely not getting that out of their endowment - and it’ll only make it harder for middle class people to afford going to Penn.
colourcodedcandy t1_isbw16c wrote
Reply to comment by vivaportugalhabs in Penn students face disciplinary hearings for campus protests by dotcom-jillionaire
They also want to abolish penn police..
colourcodedcandy t1_isbv3or wrote
Reply to comment by Proper-Code7794 in Penn students face disciplinary hearings for campus protests by dotcom-jillionaire
They also want to abolish Penn police (many of whom are black btw) ….
Some time ago there was someone complaining on the penn subreddit about all the service staff being largely black despite the demographics of west philly being largely black. And had they not been black they would’ve probably complained about hiring white people and not giving jobs to POC. Damned if you do, damned if you don’t
colourcodedcandy t1_ir1rqve wrote
Reply to comment by uptimefordays in Philadelphia among best cities for Gen Z by ColdJay64
While I understand and agree with your point, college students graduate and go where their friends go. And sadly the bay area, chicago, and nyc have been made into hubs for students to move to for various reasons and philly just doesn’t have the same appeal. A lot of this is based on perception and I always say philly has a lot of potential but needs a lot of good marketing/propaganda to hype it up (tbh I would live here though I’m not sure I would raise a child here - “gritty” is not appealing)
colourcodedcandy t1_ir1godv wrote
Reply to comment by allid33 in Philadelphia among best cities for Gen Z by ColdJay64
Crime + not as many high paying jobs as nyc/boston/chicago/bay area/austin
colourcodedcandy t1_j84h10f wrote
Reply to comment by DarthDialUP in Median New York rent passes $4,000 a month in January by geoxol
>If there is more supply, it will immediately get filled up.
... yes, and those people won't be competing with you for existing supply.