Recent comments in /f/nyc

the_lamou t1_jcfu5cv wrote

Reply to comment by 99hoglagoons in Nearly 1,500 buildings ban Airbnb and other short-term rentals by fluffykintail

Not-for profit housing and non-market housing is a thing, but the degrees of success it's used to across the world are "low." Every major city around the world is currently experiencing an affordability crisis (except Tokyo and some other large Japanese cities, but that's a while separate thing.) No one's got it worked out yet.

Personally, I would prefer that rather than handing control of all housing units to the people who did such a great job with the projects, we just fix our renting rules to be more equitable. Things like income-based rent regulations, first-come/first-served requirements in leasing, better tenant protections and maintenance requirements, more rent stabilization with fewer loopholes, limits on number of rental units owned, etc.

From a public policy perspective, I would much rather see a system that creates thousands of small landlords who have essentially built themselves a job than have that money to what would have to be a massive new program.

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ChornWork2 t1_jcfti73 wrote

Reply to comment by tiregroove in Nearly 1,500 buildings ban Airbnb and other short-term rentals by fluffykintail

There is non-zero cost to dealing with a renter. If a landlord is refusing to rent out a price controlled unit, it is telling about how far off from market that price is at.

Enduring price controls are simply bad policy. All for measures that give renters more price protections beyond the initial lease term, but they shouldn't be perpetual. E.g., tenant has right to three renewals beyond current term of lease with rent increase capped at X%.

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AnacharsisIV t1_jcfsp8s wrote

Reply to comment by Dont_mute_me_bro in Douglaston residents come out against Hocul’s affordable housing plan by Russianb0t1

That's the thing; single family housing zoning doesn't "let live." Single family zoning says "there's only one way to live, and fuck you if you try to do it any other way." If your way of life is so self-evidently better, then developers would be falling over themselves to build suburban houses when they have other options for the lots.

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the_lamou t1_jcfsg6c wrote

Reply to comment by tsgram in Nearly 1,500 buildings ban Airbnb and other short-term rentals by fluffykintail

Right, so the issue isn't "landlords," per se. The issue is predatory behavior and unaffordable rents. Banning landlords might solve the predatory behavior issue (although, considering the number of scandals NYC's affordable housing lottery has had, I wouldn't be quite so sure.) But it definitely wouldn't solve the affordability crisis, because there are simply not enough units for everyone that wants one, and the prices that people think are "affordable" are hilariously low. Like, not remotely realistic virtually anywhere in the country, let alone in the unofficial capital of the world.

As for banks leeching money, I genuinely don't know what you mean. Are you saying you should be able to get a long-term loan without paying interest?

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isowater t1_jcfs8w7 wrote

Reply to comment by Dont_mute_me_bro in Douglaston residents come out against Hocul’s affordable housing plan by Russianb0t1

That might be the case now, but as more property is bought out and rented and home ownership declines, the pendulum will swing the other way electorally. If we don't pass sensible legislation now we will have radicalized legislation later. For example see California's state wide zoning changes last year

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ejpusa t1_jcfry95 wrote

Reply to comment by filenotfounderror in Nearly 1,500 buildings ban Airbnb and other short-term rentals by fluffykintail

It’s a mega real estate developer, they build skyscrapers. They can wait years until the numbers work out for them. They’re in no rush.

It’s a family thing. They look ahead generations.

My sink gets stopped up? A phone call and a full plumbing crew is at my door, usually in an hour. I got lucky.

;-)

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