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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

#131

Post by Spooky23 »

testfoobar wrote: post #52

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…

Fascinating, yet rents have increased faster than inflation even as rent control has waned in NYC.

The problem with citing studies from 1992 is that you’re missing the last 25 years of war inflation hidden through various schemes of quantitative easing and capitalization. We’ve made capital so easy to get everything is fungible and inflates as everyone from families to foreign rich people looking to exfiltrate cash from their country pumps dollars into real estate.

My parents recently passed and we sold their house in Queens for a ridiculous sum - representing a 8% CAGR. Most of that increase in value has been since 2000, and that’s driven by a surplus of capital looking for a return.

Re: Zohran Mamdani wins the New York mayoral race

#132

Post by treetalker »

michaelbarton wrote: post #13

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…

[flagged]

Re: Zohran Mamdani wins the New York mayoral race

#133

Post by BobaFloutist »

octaane wrote: post #73

You guys have it all wrong. There was only one candidate for the dem party, Here's the list: 1) Cuomo. Sexpest who has been accused by many women of some pretty shitty stuff. Also a member of a multi-generational dynasty, which is not good. 2) Mayor Adams. Federally indicted by the Feds. They have a 99% conviction rate. Not because they're corrupt, but because they only go after people who have dome some really egreg…

From a distance it looks like Cuomo is also a generational talent when it comes to being a lazy, unmotivated campaigner.

Re: Zohran Mamdani wins the New York mayoral race

#134

Post by brandonagr2 »

octaane wrote: post #73

You guys have it all wrong. There was only one candidate for the dem party, Here's the list: 1) Cuomo. Sexpest who has been accused by many women of some pretty shitty stuff. Also a member of a multi-generational dynasty, which is not good. 2) Mayor Adams. Federally indicted by the Feds. They have a 99% conviction rate. Not because they're corrupt, but because they only go after people who have dome some really egreg…

Government run grocery stores are middle of the road? What would progressive ideas look like on that spectrum?

Re: Zohran Mamdani wins the New York mayoral race

#135

Post by JumpCrisscross »

koolba wrote: post #56
techblueberry wrote: post #37

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.

> Nothing, absolutely nothing, in the ACA brought down costs

Source for that claim?

Re: Zohran Mamdani wins the New York mayoral race

#137

Post by Taek »

octaane wrote: post #73

You guys have it all wrong. There was only one candidate for the dem party, Here's the list: 1) Cuomo. Sexpest who has been accused by many women of some pretty shitty stuff. Also a member of a multi-generational dynasty, which is not good. 2) Mayor Adams. Federally indicted by the Feds. They have a 99% conviction rate. Not because they're corrupt, but because they only go after people who have dome some really egreg…

It's not clear to me why a multigenerational dynasty specifically is a bad thing? Presumably the kids can learn from the parents, get connected, etc.

Also, Mamdani's policies are incredibly controversial, that's why it's such big news. Lots of people predicting that Mamdani's criminal policies, economic policies, and lack of experienced staffers will lead the city to dark days.

Re: Zohran Mamdani wins the New York mayoral race

#138

Post by jancsika »

Maxatar wrote: post #43
wodenokoto wrote: post #26

Earlier quoted context omitted.

Aren’t mayors in all countries politicians? In Denmark all mayors are identified with their party association when talked about in the news.

Reviewing various western democracies it looks like most mayoral candidates run affiliated with a political party. The exception is Canada where mayoral candidates run an independent campaign.

Most of the large city mayoral races in the U.S. are partisan. But I'm not sure how it breaks down by state in the U.S. for small towns.

Re: Zohran Mamdani wins the New York mayoral race

#139

Post by sumeno »

culi wrote: post #32
Incipient wrote: post #19

As someone not in the US that doesn't pay a whole heap of attention, is it just me or did he run mostly uncontested? Running against a republican and a disgraced politician? No clue what mamdani is like, but it seems like NYC had little to no choice...which is a bit disappointing.

This is not the case. His main opponent was Cuomo who was the Democrat "establishment" candidate. Zohran narrowly defeated Cuomo in the primary. Typically that's it but Cuomo took the unconventional strategy of running independently in the general with the backing of establishment Democrats. Typically, the Republican candidate would have no chance in a city like NYC. This was the case here as well, but Cuomo calculat…

> Zohran narrowly defeated Cuomo in the primary.

13% is not narrow

Re: Zohran Mamdani wins the New York mayoral race

#140

Post by liveoneggs »

ecshafer wrote: post #81
voidhorse wrote: post #67

Earlier quoted context omitted.

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

(from wikipedia)

1. rent control is a specific, technical term which represents about 24k units

2. rent stabilized representing about 1M sets limits on rent increases in exchange for tax breaks for the building

3. corruption

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