This rhetoric also just tries to normalize the idea that rent should be unaffordable. Since when is $2,300/month cheap?? Median household income in NYC is $78,000, so $2,300/month is still 35% of (PRE-TAX!) income for the average New Yorker. It's 14% of $200,000 (which is an acceptable ratio).
Yes! Imagine thinking "He can't keep getting away with only paying $2300 a month for his outer-borough apartment" would rally New Yorkers to your side.
srsly
I am astonished that while Mamdani is saying "rent should be reasonable for everyone" Cuomo is countering by saying "HEY GIVE YOUR EXPENSIVE APARTMENT TO SOMEONE WHO CAN AFFORD IT EVEN LESS." Also, since when is there a prerequisite that advocates against poverty be poor themselves?
Pretty convenient to insist that advocates against poverty impoverish themselves in order to legitimize their position. Seems like that kneecaps the entire movement by economically disempowering everyone within it.
FYI in order for someone today to have the same home-buying power as a boomer in the 1960s, the minimum wage would have to be about $66/hour which translates to like $137,000/year. Eat shits, Cuomo.
Omg thank you for saying this! Honestly I don't live there and can't even understand any of this.... I pay 2100 a month for my apartment in Denver, how is $2300 a month somehow a subsidy? What the hell?
It's cheap for NYC
In 2017 I was paying $2,400/month for a 2-bedroom in Sunnyside (right next to Astoria) half a block from the subway with a grocery store across the street. I know prices have gone insane over the last 8 years but $2,300/month for a 1-bedroom is pretty steep. But also, that’s my point lol.
Prices have gone insane over the last TWO years. Landlords are making up for what they lost during the pandemic.