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Mr.Turnip

(645 posts)

1. Thank God.

Reply to discocrisco01 (Original post)

Mon Apr 23, 2012, 12:24 PM

Apr 2012

There is no way I could continue to live in Manhattan if my apartment was not rent stabilized, really no way at all unless I roomed with 2 or 3 friends (which people in New York are doing until they are well in their 30s now). The real estate market here is just too inflated and the inflation is out of control, we need more rent laws here in The City not less.

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Supreme Court won't hear New York City rent case [View all] discocrisco01 Apr 2012 OP

Thank God. Mr.Turnip Apr 2012 #1

+1 Fearless Apr 2012 #2

What other prices should the state set? Recursion Apr 2012 #6

It is heavy handed, but when a simple one bedroom apartment are 2000+ a month Mr.Turnip Apr 2012 #8

$2000 is cheap for a one bedroom leftynyc Apr 2012 #9

NYC is more expensive than that; $2000 for a one-bedroom is "only" DC prices Recursion Apr 2012 #11

Good. If you ever wanted to see a riot in NYC....nt msanthrope Apr 2012 #3

Developers have the power to end rent stabilization if they wish KamaAina Apr 2012 #4

Interesting. And surely the price for which the plaintiffs bought the house reflected the fact spooky3 Apr 2012 #5

But did their property tax increases reflect that fact? hack89 Apr 2012 #7

if the assessment processes in NY are like those in most of the rest of the country - yes spooky3 Apr 2012 #12

Stupid lawsuit. Rent stabilization has alway been a joke in NYC. Snake Alchemist Apr 2012 #10