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(New York Daily News)   NY landlords launch a media campaign to try to convince people that "the rent is too damn low." Good luck with that   (nydailynews.com) divider line 106
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5167 clicks; posted to Main » on 11 Jun 2014 at 1:16 PM (19 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-06-11 09:42:29 PM  

LineNoise: brap: I have mixed feelings as not raising my rent further could negatively impact my "God Bless Our Overpriced Hovel Of A Shiateslum" wood-burned plaque business.

Rent control, as it stands now though, is outdated, and is directly responsible for both inflated rents in people who aren't lucky enough to snag something rent controlled, and substandard conditions in rent controlled apartments. There is a balance to be had somewhere in the middle.


^^^^
this - spent too many years going past (via train) the shells of what used to be good buildings (in northern Manhattan) that weren't being improved because rent control kept those buildings from being worthwhile to rehab.
 
2014-06-11 11:03:27 PM  
Between common charges, mortgage payments, and taxes, there are many instances where high rents are not quite high enough.
 
2014-06-12 12:01:20 AM  

Frederf: I have this vision of everyone whose housing costs are >50% of their earnings just moves out overnight from NYC and all the rich people wake up in the morning and starve over the next few weeks because the people that wipe their ass are all gone.

The thing about "oh well then just move" is at some point there's no where else to move to.


The Dakotas are screaming for people.  Texas and Arizona need people.  The very states that New Yorkers won't go to.  So suck it up city slickers, you chose to live in a sewer.  Only the children have my pity.
 
2014-06-12 11:53:43 AM  
Smeggy Smurf:   So suck it up city slickers, you chose to live in a sewer.  Only the children have my pity.

i grew up in manhattan so a) didn't choose to live in it, and b) it was the best pace in the world to grow up in anyway. i love it and am happy i'm still here.
 
Nib
2014-06-12 12:43:57 PM  

kling_klang_bed: I'd have to ask, from people who live in NYC, just how much rent is there.


Depends on location of course.  Outer Bouroughs usually $1000-$1200 for a one bedroom.  Even in not so good neighborhoods it'll be like $800-900.  The Rich spots in Manhattan can be like $5k plus a month easy.
 
2014-06-12 02:19:31 PM  
That ad campaign is the biggest waste of money I have ever heard of  save for the current GOP controlled House.

Never met a single person who thought his rent is too low.
 
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