[!@#$%!]

Originally Posted by tesla69

No one OWNS their property anyway, they just rent it from the State. I guess the basic economic principle you refer to is that housing is a privilege, not a right.

The baseline is that 16 affordable units - rent controlled in some part - were taken out of the market so one rich family can live in the entire building in 60 rooms. I wonder if the City will reward them by reducing the tax rate on the building.

I predict the owner will be so impatient to flip it he will try and circumvent the residency requirements and get sued successfully then (in San Francisco, a landlord kicked out an apt full of people I knew so he could allegedly live there but in 6 months he was renting again at double the price - they all sued and got a lot of money - the landlord was only required to maintain the property as primary residence for a year).

they rent from the state? is that cuba?

yeah the entire family etc as i said it's pure assholity-- i'm not in favor of their greedy, asshole ways-- but isn't it ultimately their shit to do what they want with? if i wanted to stay forever where i live, i'd buy from the landlord.

i know renters laws are kind of socialistic, and they might make sense in some contexts, but i'm generally against price controls of any kind, and believe that the market regulates itself just fine.

of course it seems unpleasant to say to people "sorry, your free lunch is over", but living in the middle of manhattan is a fucking luxury. i say give manhatan to the rich and let's start a new fucking city elsewhere.

nutley, new jersey, maybe.