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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

#81

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…

1. New york city has rent control on 1 million units already

2. New york city has laws making it so you can only increase rent by a small fraction of the investment for renovation taking a large amount of units off the market as its economically infeasible

3. Nyc has a very strict zoning and regulation system that is reducing housing supply

Re: Zohran Mamdani wins the New York mayoral race

#82
post #72
post #58

Earlier quoted context omitted.

Canada here (Ontario really, probably varies by province) - our mayors and city councilors are politicians but they're explicitly forbidden from running as part of a party. Which I honestly think works so well it should be extended to all levels of politics.

In Canada's largest city the mayor is firmly and strongly associated with the NDP. "Chow served as the New Democratic Party member of Parliament for Trinity—Spadina from 2006 to 2014."

And yet that was not the central in her run for mayor at all (I live in that city). She campaigned on policy, not on party branding, like every other candidate did.

Re: Zohran Mamdani wins the New York mayoral race

#83

Earlier quoted context omitted.

Obamacare being what it was is 1,000,000% Obama’s failure - he’ll tell you this same thing over coffee too. Just outmost disaster through and through how it was implemented. Zohran can easily fund which is why every single GOP Senator and Congresman went publicly against him. Can’t have people get any crazy ideas that they could actually have nice things. WTF does Congresman from a some shithole county in Alabama giv…

got any tips on what to look for on how obama bumbled obamacare? not too familiar on the subject myself

Obama took a mea culpa on parts of implementation, namely the federal marketplace website (they weren’t expected as many states to opt out of the marketplace) and the “keep your plan” narrative.

It was a compromise law that was in alignment with Bush era mainstream conservatives. The fatal flaw of Obama and Biden is they underestimated the power of the nutcase wing of the Republican Party. (Along with the institutional GOP folks)

Re: Zohran Mamdani wins the New York mayoral race

#84

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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> who concealed that he was a warmongering, neoliberal hack

Obama pitched himself as a pragmatist. He governed as a pragmatist. It honestly looks like Mamdani has the sense to do the same.

Re: Zohran Mamdani wins the New York mayoral race

#85

It's funny how in the US, even mayors get tagged as "conservative" or "democratic socialist." I always figured their job was just to keep the city services running.

I believe that in California, the political party that mayoral candidates belong to cannot be printed on the ballot next to their names.

Re: Zohran Mamdani wins the New York mayoral race

#86

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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Before the ACA, insurance companies were allowed to have these things called “lifetime limits.”

Basically, once your healthcare got expensive, they could just cut you off and say they wouldn’t cover you any further. And because of pre-existing conditions (which the ACA also eliminated), you couldn’t get new health insurance. You were basically fucked.

My mom got cancer a few years before the ACA passed. So far as I’m concerned, the old insurance system killed my mom when she was only 40 years old. I lost my only surviving parent, and my little brother lost his mom when he was only 10 years old. So forgive the utterly flabbergasted look on my face as I read your comment.

Re: Zohran Mamdani wins the New York mayoral race

#87
post #56

Earlier quoted context omitted.

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...

That’s a ridiculous interpretation of the regime change in the graph (which is much better interpreted as raising costs to adapt to profit caps).

Re: Zohran Mamdani wins the New York mayoral race

#88

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…

Also quoting Paul Krugman -

"“The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law’—which states that the number of potential connections in a network is proportional to the square of the number of participants—becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.”"

So you know, take what he says with a grain of salt, as with all economists, who pretend to be rigorous when in fact they are anything but.

Re: Zohran Mamdani wins the New York mayoral race

#89

Earlier quoted context omitted.

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…

[flagged]

Keeping a building rentable is a pretty reasonable criteria for… renting.

Re: Zohran Mamdani wins the New York mayoral race

#90

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…

> He is freezing rents only for select controlled units

45% of apartments in NYC

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