>. As someone else stated there’s a lot residential and commercial vacancies in the city currently.

Ah, I see my mistake was presuming you had any amount of good faith in commenting. It's obvious you don't. But just to go through why you're so incredibly wrong.

NYC vacancies are at all time low https://www.globest.com/2022/09/12/nyc-multifamily-vacancy-rate-hovers-at-two-decade-low/?slreturn=20221107175941. This is a neglible amount of vacancies. 97% of NYC office buildings aren't viable for conversion to apt buildings.

"Not because of a “stock” shortage, but because they can afford to pay 3x the asking price"

This is factually wrong, once again. 97.7% percent of homes were sold for approximately the asking price.

https://www.noradarealestate.com/blog/new-york-real-estate-market/#:~:text=In%20September%202022%2C%20the%20median,the%20asking%20price%20on%20average

"Thats because the transit deserts are undesirable to the transplants, “because it’s too far from the subway”. Even though those communities have zero congestion"

Sounds a lot like someone drank the "pro-car" koolaid, your comment reeks like that of an entitled driver. I'm assuming you own a car lmao? The obvious answer here is to expand the MTA to these deserts and bus service.

Your entire argument is based on your anecdotal feelings & emotions. There is no merit to them, whatsoever. But i'm sure you will ignore this comment and call me a good for nothing transplant.

You're right, the demand for NYC will never disappear, but that doesn't mean it's impossible to keep up with demand. In fact, NYC hasn't even been trying. Construction growth has mostly flatlined since the 1990s and NYC issues fewer housing permits then nearly every other large city, clearly under-building is not working. We can't stick our heads in the sand and pretend like people won't flock to NYC, people will, and it will only displace more residents if we do nothing.

Yes, transplants may like different things than long term residents, but like I said, if we had adequate housing stock they wouldn't displace the locals in the first place.

You seem like you're arguing a strawman of the micromobility movement, something I am only loosely aware of. I'll eat my hat if you can find anyone who claims "the MTA has no flaws".

It's ironic you cite car ownership as a trait unique to lower income locals, considering the majority of new yorkers don't have a car, and those that do tend to have higher incomes. Car ownership is directly correlated with income in NYC, which means the "transplants" you have been deriding are the population most likely to own a car.

https://wellango.github.io/posts/2021/06/who-owns-cars-in-nyc/

You have the directionality wrong. Locals won't be priced out of neighborhoods if the city actually built adequate housing stock to keep up with demand. Not expanding housing stock doesn't prevent gentrification, it actually worsens it. High income earners will still flock to these neighborhoods because even they get priced out of the more "attractive" neighborhoods, which they then push out the people who have lived there.

If there was enough housing stock in the first place, there would be no pressure on these neighborhoods. If these neighborhoods had adequate housing stock, then they could absorb these transplants without displacing the people who formerly lived there.

The only benefactors from NIMBYism are property owners, as it artificially inflates their asset. Unfortunately this demographic is one of the most consistent voting blocks, which is why the city council is almost entirely NIMBY, and they'd prefer shit like a parking garage then approving high density housing.

Ironically, NIMBYism is major driver of gentrification. Most people in lower income neighborhoods don't own their property and they get priced out when the supply can't keep up with the demand.

For sure that's a genuine con of PSLF, you have to be public interest for at least 10 years, just not the possibility of PSLF getting scrapped midway through- they'd have to be grandfathered in still.

Any "canning" can't be retroactive since PSLF is literally written in the promissory note of these loans.

This isn't true. Legal Aid jobs are quite competitive in NYC.