571–580 of 594 posts
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> However, HDB still does a lot of the managing. Eg HDB manages the lifts and other common spaces. They organise getting the exterior repainted, or general upgrading works to plumbing etc. By that logic every apartment block is public housing.
No, why? The condos in Singapore are run by private-sector management companies.
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Pick your favorite place on the planet. Then tell me if 8 billion people can live there, and would it be the same place if they did? I know the answer to both of these questions, and so do you.
Go read about the history of paris. One government minister bulldozed most of the city to create what the world now loves. At the time many people wept for the loss of what paris had been (described as a that commercial street in Harry Potter a quaint, magical village that stretched on in any direction). Paris has now created business districts in the suburbs. But even they are are building single family housing inst…
But the thing is, just like elsewhere, much fewer people actually want to live out in the suburbs, which is reflected in the price. Because getting to Paris proper sucks if you don't have a direct rail connection (which most of the outer 'burbs don't), and even then, you're likely to waste hours commuting, between the unreliable service and just sheer distance. Things are improving for "mid-distance" suburbs, but we're not quite there yet.
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> My dude, that is a circle from Poughkeepsie to the tip of Long Island. Forget one-story single-family housing, there is farmland in that circle. That's kind of the point. Notice that housing demand is recursive. The area you're talking about is NYC metro. If you draw a 100 mile radius around Manhattan then Poughkeepsie is inside it. Is someone going to live in Poughkeepsie and commute to Manhattan? Probably not. Is…
Is your suggestion "we should do the status quo, except the bridge and tunnel commuters should be confined to tiny high-rise enclaves clustered around train stations strung out over a hundred miles"?
It's the people who like density restrictions who keep trying to force people to build high rises next to train stations. But that's the thing that doesn't work, because high rises cost significantly more per unit to build and if you constrain where things can be built like that then the cost of land in the few areas that allow multi-unit housing gets out of control because of the legislated scarcity.
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ITS NOT OWNED AND MANAGED BY THE GOVERNMENT. You literally just quoted why it’s not public housing. Jesus Christ.
The definition is qualified: "usually", "nonprofit organizations", "combination". >Jesus Christ. Sometimes I'm disappointed by the level of contributions here.
You can’t go calling things they are not.
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The definition is qualified: "usually", "nonprofit organizations", "combination". >Jesus Christ. Sometimes I'm disappointed by the level of contributions here.
I can say the same about your “contributions” You can’t go calling things they are not.
Others will make up their mind. Over and out.
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What a strange remark, both the 'no way' as well as the ad-hominem related to the odd choice of a 'democratic socialist' as mayor for NYC. There was a time when people with differing political opinions could get along outside of the realm of politics but this has been made impossible by people who react like you just did here.
The reason why nobody gets along with you has literally nothing to do with your "differing political opinions" and everything to do with the fact that I have to tell you that.
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Eh, I agree with the general point that rental housing has to be financially viable over the long run. I just don’t think NYC politics lets this particular problem turn quickly into a clean “landlords stop renting/developers stop building” outcome. It’ll look a lot weirder. Affordable housing is too central to NYC democratic politics for the city/state to simply let a large share of subsidized housing totally collaps…
It's a shame that NYC can't raise more from property taxes / land taxes? They sit on some of the most valuable real estate in the world, surely that should be able to find public infrastructure etc? Especially since the density they have would allow them to provide the infrastructure rather efficiently. But they are so ham-strung / incompetent, they still have surface level street parking on public roads. Surely, the…
Still, NYC's municipal budget is already the largest in the world by far. When I last looked, it was roughly double Tokyo's and bigger than many countries: NYC's municipal budget is larger than Singapore's, for example, and obviously NYC's budget gets to exclude things countries pay for like national defense.
It's likely they will need to continue raising taxes, but we also need to take a hard look at how effective each dollar being spent is.
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No, why? The condos in Singapore are run by private-sector management companies.
Because someone manages the lifts lights and exterior. So it must be public housing by your logic.
The condo management companies are not arms of the government.
What is so hard about this? Is there something I'm not understanding?
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and the middle class is being destroyed
https://marginalrevolution.com/marginalrevolution/2025/11/on... And yes, it's inflation adjusted
I wonder how record numbers of adults living with parents impacts household income as now addition income earners.
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Tax property values. We could talk about the merits of Georgeism but honestly let's set that aside - conventional property taxes are sufficient here. Most of Manhattan apparently has cough ), they're a tiny fractional "decommodification" of property as asset, because the money collected from the owners is spent on the residents. Most of this money passes through directly into higher rents, and we shouldn't care about…
> These asset bubbles can only inflate because the owners make nearly as much money sitting on a vacant property as they make with tenants, so they borrow approximately All The Money to dump it into real estate. The problem is, as long as the stonk based US pension system keeps flooding dozens of billions of dollars a month into the markets, there will always be enough money to flow into REITs and driving up prices,…
†Modulo accomodations for undocumented immigrants