Cuomo is awful and this is ham handed and ignores that HE defunded the entire RS market. But he is not wrong to point out the ridiculousness of a private LL being forced to subsidize the below market rent of the future mayor who comes from a family rich enough to have a guarded Ugandan compound
Oh no, who is forcing the poor landlord to do that? Won’t anybody think of the poor landlords?!
I know reality is hard for some to understand but one of the huge reasons that young people, new couples and others can't find a reasonable priced apartment in this city is that these laws permentantly lock up 45% of the cities rental housing into ever deteriorating crap leaving mkt rates to soar
Sure, but you were implying that if someone has political ambition or a possible future job that pays well, they shouldn’t be allowed to get a rent controlled apartment….
I am not implying or saying that - I am saying the entire current regulatory framework (instituted by Cuomo BTW) is completely flawed, entirely unsustainable, ultimately bad for almost everyone and should be exposed as such.
“… the ridiculousness of a private LL being forced to subsidize the below market rent of the future mayor…” You tried to make a point here, but unfortunately it was stupid.
Lmao. A “guarded compound” in Uganda doesn’t make one particularly rich and his family is barely “rich” by US standards. Cuomo’s net worth is astronomically higher than Mamdani’s.
He is rich enough to pay market rent