Property tax increased a lot. This is passed on to renters (you get a credit for it on state tax!).

Also, inflation was ~6-7%. A normal rent increase on top of that means 10% isn't absolutely crazy. Still a lot of course.

Tax increases

😂😂😂😂😂😂😂😂☠️

Nearly all of BK and QN are currently cheaper than most of JC. Again, your logic is faulty - it's more expensive (JC) where there's more development.

Once again, there's no correlation between greater development and lower rents.

I’ve been saying this for years. I believe the 3rd world comment is accurate in the sense that there are so many different driving styles worldwide and the diversity here brings it all to one road system. It’s like slow drivers in the left lane - in many countries the left lane is the slow lane. I real think it’s a battle of driving cultures and pedestrians colliding - no pun!

It’s a game of frogger …. 🐸🚌🚌🐸🚌✌️

A few weeks ago, he was interviewed after a Devils win (I think it was a Sunday afternoon game), and he said he was going to get hibachi after the game because his wife wanted it, and it was just across the street. A couple hours later, he posted a clip to his Instagram that was clearly from Teppan.

Totally safe where you are.

It’s my pet peeve

Explain?

there frequently isn’t any infrastructure for more residents.

They’ve been slowly upgrading as they now host older kids in that building.

My guess would be re-grading the property for something like a basketball court.

I fly from EWR to Chicago every month for work and always have flights around this time. Domestic flights usually board 40 minutes before the takeoff time so I get to the airport about a half hour before boarding. I have precheck. I do the same thing coming home out of O’Hare which is always a zoo at any hour, and I’ve never had an issue making my flight at either airport. However, I don’t ever check bags, but my colleague does and gets to the airport an hour before boarding. She’s never had an issue either.

Yeah. I sincerely don’t get why people post this type of thing on Reddit.

They didn’t follow my signs. The violators got tickets. When you get the parking signs The parking authority will advise you of a number to call if someone parks in one of the spots.

I’ve never seen anyone not follow those signs

In my experience most people do respect them. If there is someone, call non-emergency police and they will normally knock on persons door if they are local before a tow is needed

> would it not then logically follow that (non rent-controlled) rents in BK and QN would be skyrocketing far past the point of JC, which is building at a very fast rate?

No, bro, lol. The opposite. I'm explaining why rents are going up here despite building.

Reinforcing what I said about our market not being isolated - there is a point of price resistance in NY where the consumer will then consider other options. And when BK and Queens get to a certain point, they consider JC. Then we fill up our new supply and prices still climb.

I'm saying we would need more development in Manhattan so demand wanes in BK, Queens, and JC.

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>Tell me, why do you want to continue to fuck over the middle and lower classes by keeping housing prices so high.

You're even dumber than I think you are, and I think you're incredibly fucking dumb, because my own personal solutions to this problem are way more helpful to the poor and middle classes than BUILD MOAR. Think Mao.

You're a fucking idiot who isn't showing their work

Those numbers are still drops in the bucket of what we need. And it would NOT be profitable to only charge higher rents, as that article states about most vacant spots, if there was enough supply where it would be a lot harder for landlords to hold out for higher rents. Now they can do it, and people like you make it possible. Renters and buyers would just have more supply to choose from if you let housing be built, and the prices would stabilize. That is the problem.

Tell me, why do you want to continue to fuck over the middle and lower classes by keeping housing prices so high.

Wall Street is buying up real estate like mad. And they'll gladly tell you why. Housing prices are artificially inflated because there are way too many obstacles to building new housing, so they can make bank due to lack of supply.

Do you work for unethical exploitative Wall Street corps? Because then this would make sense.

They like living in ant hills. Woe unto you if you don't agree with their big dreams of an overcrowded utopia.

https://www.thecity.nyc/2022/5/17/23108792/nyc-apartment-vacancy-rate-housing-emergency

>New York City has more vacant apartments overall than it did five years ago even as units with monthly rents under $1,500 have dried up, according to a new report that also shows maintenance issues are surging across the board. 
>
>...
>
> The report found that 4.54% of all New York apartments are vacant as of 2021. That’s up from 3.63% in 2017, the last time the survey was completed.

Simply building more does not equate with lower rents. You're a fucking idiot who isn't showing their work

Follow Columbus to Exchange Pl and follow the river walk or follow Jersey Ave down to the park although I don’t know if I want to go into the park when it’s dark and few people are around.

Christ, you can't even follow your own logic here. If BK and QN aren't building, but JC is, would it not then logically follow that (non rent-controlled) rents in BK and QN would be skyrocketing far past the point of JC, which is building at a very fast rate?

Spoiler for ya, that's not the case.

That's not happening, and I repeat myself for the umpteenth time now, because greater supply has zero correlation with lower price.

You are posting numbers with no context, because you want to ignore reality.

https://www.nar.realtor/magazine/real-estate-news/16-million-homes-vacant-in-us

Small town America is dying, as you see from this list, the highest ratio of empty homes are in places where nobody wants to live or can't be productive enough to live. Housing in those places is pointless and not solving anything. This is basic data and knowledge. Empty houses in those places is a pointless statistic.

Sure there are empty units sitting in populated areas where the wealthy park their money, and that should be addressed, I am all for that too, but it is nowhere near the big part of the problem.

You haven't posted an iota of work. Want me to link one of the many supported articles that shows we are over 4 million housing units short where people need and want to live? I suspect you'll gloss over that and repeat your nonsense that completely ignores reality and common sense.