121–130 of 1001 posts
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.
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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.
How it possible to calculate this theory when you don't have a control group? Said differently, if everyone is subject to ACA you can't compare it to a group of people that aren't subject to ACA. Also, insurance premiums are a direct result of how many people are in the pool.
If the control group was "just use the previous year before ACA" then there was absolutely scenarios where people got cheaper healthcare after ACA even without the subsidies. Like real estate markets, insurance markets aren't national, they're local.
FWIW - I'm neither advocating nor opposing the implementation of ACA, just stating it's not easy to conclude "healthcare costs more/less now".
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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.
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He’s a candidate who won and can keep winning. I know a lot of dyed in wool democratic socialists. They’re nutjobs. Not only that, they’re clearly nutjobs from afar.
Every politician in a single-party jurisdiction has to pivot between the primary and general. Mamdani and AOC did it well. The hypothetical non-“plant” you’re looking for is a Democrat analog to Kari Lake.
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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
Silwa pretty much screwed coumo, would of been a tight race if he dropped. Curious to see what happens to NYC if some of the socialist ideas actually get implemented. I think AOC will likely challenge Schumer for his seat now that mandami won.
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 rec…
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…
> Mamdani's and by extension, his voters', ignorance about the effects of price controls Mamdani isn’t pitching widespread price controls, but rent control over a small section of New York housing twinned with abundance-style new development. “In a 2022 paper, the political scientists Anselm Hager, Hanno Hilbig, and Robert Vief used the introduction of a 2019 rent-control law in Berlin to study how access to rent-con…
https://www.curbed.com/article/zohran-mamdani-housing-rent-f... archive: https://archive.ph/hnK4Q
"The 34-year-old democratic socialist’s pledge for a four-year pause on any increases on the city’s 1 million or so stabilized units, effectively giving a reprieve to about 2 million stabilized tenants, was at the center of his campaign"
I'm not directly familiar with Berlin. But this story about shortages is the expected outcome:
https://www.reuters.com/markets/europe/germany-must-build-32...
BERLIN, March 20 (Reuters) - Germany, lagging in its building goals to alleviate a housing shortage, needs to construct 320,000 new apartments each year by 2030, a study on Thursday showed.
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 rec…
The city already has a crime problem The city does not have a crime problem. It exists, but its down, and its lower than most comparable (and smaller cities). NYC is safe. Socialism has a bad track record for a reason Only because people confuse it with "communism", otherwise it has a great track record. This isnt even getting into hos antisemitism Yeah, thats why Brad Landers, the most prominent elected Jewish membe…
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Keeping a building rentable is a pretty reasonable criteria for… renting.
Except NYC has laws making it difficult to do. A 2019 law they passed limits the amount a unit can have its rent increased in the case of a capital improvement at a small fraction of the capital cost. Now that interest rates are higher land lords are forced to keep units vacant, since theyll lose money taking a loan to get units up to code.
Source? This sounds like it only applies to stabilised apartments.
> Now that interest rates are higher land lords are forced to keep units vacant
Rental vacancies are similar to what they were in 2019 [1].
I'm noticing that this election result has made a lot of people I know really hopeful. It's apparent that many people are fed up with the status quo so they're pushing towards more experimental candidates. If anyone here is well-read on his policies and they have specific opinions I'd love to hear what you think. Do you think Zohran will be successful with his agenda or will he get blocked by pushback from other poli…
I don’t think I like several of his ideas or think he will get most of them passed. In fact I think a few like “freezing the rent” are actively bad
But I’m happy to finally have a politician who lives in and loves New York and is earnestly trying to my the city better. If he tries and fails, it will be better than our other politicians that have stopped trying