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Zohran Mamdani wins the New York mayoral race

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Re: Zohran Mamdani wins the New York mayoral race

#61

Mamdani's and by extension, his voters', ignorance about the effects of price controls in markets will be an interesting real-time political experiment. When the inevitable unintended outcomes become to emerge who will be blamed? https://rentguidelinesboard.cityofnewyork.us/resources/apart... https://www.zohranfornyc.com/platform Quoting Paul Krugman (Nobel prize winner and liberal columnist at the NYT). "The analysi…

How does he explain Tokyo then ?

Re: Zohran Mamdani wins the New York mayoral race

#62

I hope this win signals (to both parties) that voters are receptive and will get engaged when a clear message is presented about cost of living and quality of life issues. Some of which are taken for granted in most other western countries. I’m no political wonk, and I’m curious what others with more insight might say about his ability to fund and implement his polices. I’m reminided of Obama and his hopeful message…

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I got to stay on my parents health care for additional years because of Obamacare - as have millions of others. That gave me flexibility to experiment and during that time I learned to program.

Re: Zohran Mamdani wins the New York mayoral race

#64

Mamdani's and by extension, his voters', ignorance about the effects of price controls in markets will be an interesting real-time political experiment. When the inevitable unintended outcomes become to emerge who will be blamed? https://rentguidelinesboard.cityofnewyork.us/resources/apart... https://www.zohranfornyc.com/platform Quoting Paul Krugman (Nobel prize winner and liberal columnist at the NYT). "The analysi…

Do those case studies include the case for expropriating landlords that don’t keep their buildings to code?

Massive building sprees don’t bring prices down, they bring favelisation.

If the effect of this policies is that housing prices tumble, and there’s potentially more housing stock on the market for people to buy (and no incentive for buying to let since rent freezes makes it unprofitable), this seems like a good effect

Re: Zohran Mamdani wins the New York mayoral race

#65
post #24

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If this doesn't happen, are you going to accept that you were wrong, or are you going to ignore it and be off spreading unfounded anger about some other imagined offense?

If that doesn’t happen how will he pay for all the stuff he wants to give away? The money has to come from somewhere.

Re: Zohran Mamdani wins the New York mayoral race

#66

I found out his mom directed the movies "Monsoon Wedding" and "Mississipi Masala" with Denzel Washington. Allegedly she was tapped to direct "Harry Potter and the Order of the Phoenix", but her then 14 year old son talked her out of it to do "The Namesake" instead

TIL he is Mira Nair's son!. The namesake has a special place in my heart.

She is known for movies like Monsoon Wedding... but also Kama Sutra.

Re: Zohran Mamdani wins the New York mayoral race

#67

Mamdani's and by extension, his voters', ignorance about the effects of price controls in markets will be an interesting real-time political experiment. When the inevitable unintended outcomes become to emerge who will be blamed? https://rentguidelinesboard.cityofnewyork.us/resources/apart... https://www.zohranfornyc.com/platform Quoting Paul Krugman (Nobel prize winner and liberal columnist at the NYT). "The analysi…

The literal alternative, which is actually happening right now and not some textbook hypothetical is supply not keeping up anyway and landlords charging however much they want pretty much unbridled, not to mention major companies snapping up real estate and leveraging it as investment collateral rather than treating them and managing them as, you know, housing.

We need a change. We don't need to do rent freezes in a vacuum. Coupled with the right policy supports they can definitely work, and Mamdani's proposed freezes are limited in scope. He is freezing rents only for select controlled units, last I checked.

Before you go spreading the bs propaganda, consider what your fellow citizens actually need to survive and whether or not you want to be viewed as being on the side of a few billionaires or on the side of the vast population that is increasingly becoming impoverished.

Re: Zohran Mamdani wins the New York mayoral race

#68
post #56

Earlier quoted context omitted.

The people who have healthcare and didn’t before think it’s better.

For the small minority that get fully subsidized plans of course it’s great. Free stuff is always great for the receiver. But that’s only 5M people. For everybody else it just made healthcare more expensive. Nothing, absolutely nothing, in the ACA brought down costs . And hiding it behind ever increasing subsidies eventually comes to a breaking point.

Bringing down costs while expanding the number of people getting healthcare was never in the cards unless someone had a magic machine to mint thousands of new doctors and not have to pay for patented medicine. Not to mention enormous tort reform.

However, the increase in costs did slow after ACA:

https://cepr.net/publications/health-care-cost-growth-slowed...

Re: Zohran Mamdani wins the New York mayoral race

#69

Mamdani's and by extension, his voters', ignorance about the effects of price controls in markets will be an interesting real-time political experiment. When the inevitable unintended outcomes become to emerge who will be blamed? https://rentguidelinesboard.cityofnewyork.us/resources/apart... https://www.zohranfornyc.com/platform Quoting Paul Krugman (Nobel prize winner and liberal columnist at the NYT). "The analysi…

As if Cuomo was some economic genius. Look at all his campaign material - they were abject brain dead character smears and racism. If he was truly just trying to win by any means to supposedly save New Yorkers from economic disaster, he was a Machiavellian of the highest degree.

Re: Zohran Mamdani wins the New York mayoral race

#70
I hope this turns out well for New York, but I am doubtful. Rent control is such a colossally bad idea, a rent freeze is going to be a disaster. This is going to further increase the lottery nature of New York City real estate, and reduce investment. His plans are set to drive finance and businesses out of the city in his goal to give away money to everyone, which will bankrupt the city. Socialism has a bad track record for a reason, there has never been an issue of people trying to escape market economies for socialist ones. The city already has a crime problem, defunding police and making the job unbearable wont help that. Grocery stores already run on razor thin margins, even with the logistics expertise and brutal capitalism of the likes of walmart or aldis, how does the famoisly expensive and incompetent nyc government plan on running a grocery store for cheaper (itll be at a massive loss). This isnt even getting into hos antisemitism “the boot of the nypd on your neck was laced by the idf” should have disqualified him, that kind of antisemetic talk was only on /pol/ like 2 years ago.
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