Comments on: NYC Rent Guidelines Board Mulls Hikes as Tenants Await Refunds

By: theShtayger

theShtayger — Thu, 24 Jun 2010 21:56:38 +0000

Hurray! No Apikorus government has the right to stop segregation in our schools!

By: HaKatan

HaKatan — Thu, 24 Jun 2010 17:06:30 +0000

#1: New York City, under Mayor Bloomberg, has indeed encouraged construction. Look at all the new (bland) condo/apartment brick boxes that have sprouted up all over the area.

Rent Stabilization is not only for people who have lived there for 40 years. It applies to the next tenant who moves into that apartment as well, and these “Orthodox Jews who are likely to produce new families” are also likely candidates for these apartments which are essentially open market other than the rent amount.

If rent control were abolished, I believe that there would not be a single unit for rent for under $1500 and most significantly higher, based on what the private market charges. If that’s what you think new families can afford then I’d like to know that secret.

By: akuperma

akuperma — Thu, 24 Jun 2010 14:37:46 +0000

Since Orthodox Jews are more likely to produce “new” families (i.e. children who grow up and need to find housing) than almost any other group, New Yorks rent control laws hurt our community. The beneficiary of the policy are older family groups who in effect are getting housing that is subsidized by the higher rates paid by the younger families who are not so privileged.

The best policy from a frum perspective would be to abolish all forms of rent control, and to change New York laws to encourage residential construction.