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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

#891

Post by petralithic »

tsimionescu wrote: post #821
petralithic wrote: post #606

Earlier quoted context omitted.

More housing, regardless of type, is directly correlated to cheaper average rents [0]. So Thiel is right in that regard, the red tape for construction and opposition from NIMBYs must be curtailed. [0] https://www.journals.uchicago.edu/doi/full/10.1086/733977

NIMBYs typically oppose especially lower cost housing, so it's not surprising that cutting red tape does help reduce housing prices, or at least slows down the rise. The question is if it is enough - and I would be quite certain it's just a band aid. Unless you impose the construction of cheap housing, cheap housing will tend to not get built - almost every interest is opposed to it.

Good thing Mamdani is doing both, cutting red tape and constructing new housing, at least that's his plan, we shall see what others in his governance think about it.

Re: Zohran Mamdani wins the New York mayoral race

#892

Post by senordevnyc »

ch4s3 wrote: post #320
throwaway81523 wrote: post #240

Earlier quoted context omitted.

Plenty of red states have government run liquor stores. And army bases have government run grocery stores along with government run everything else. I don't see the problem here. Progressive version presumably would be free groceries for everyone. https://en.wikipedia.org/wiki/Public_grocery_store

State liquor stores are terrible, and I’ve never heard anyone say a nice word about on base grocery stores.

I was in the Navy and I loved the on-base grocery store. A big part of it was that I was overseas and it felt like home, but also the prices were great, it was clean, and had a decent selection.

Re: Zohran Mamdani wins the New York mayoral race

#893

Post by MrMember »

kelnos wrote: post #501
tsvetkov wrote: post #153

Earlier quoted context omitted.

Have you lived in one of those rent controlled “paradises”? In Europe, yes, there are sizeable populations living in subsidized housing, and often there are restrictions on rent increases, but new tenants pay way higher prices and have to compete for every available unit with dozens of other potential tenants. New tenants frantically overbidding each other, while old tenants pay pennies compared to today’s market pri…

> new tenants pay way higher prices and have to compete for every available unit with dozens of other potential tenants. Rent control isn't the cause of that, though, it's lack of housing supply to meet demand. If there was no rent control, competition would be just as fierce, and prices still high.

They are not independent. Rent control discourages housing development.

Re: Zohran Mamdani wins the New York mayoral race

#894

Post by johnnyanmac »

testfoobar wrote: post #884
johnnyanmac wrote: post #875

Earlier quoted context omitted.

Sadly many conservative leaning types simply think "nothing is wrong, this is capitalism. Just get a better job and make more money". While also railing against worker protections and wage increases that would be ensure better jobs. In other words: they don't care, as long as it doesn't hurt them. The core mentality of NIMBYism.

Something is observably wrong. The ratio of rent to income has drastically changed against workers - this is destructive to society. But the cause is deeper than rent price controls, minimum wage and worker protections. After the 2008 financial crisis, western central banks digitally printed trillions of dollars (Quantitative Easing) to refloat our financial system. The collapse of 2008 was itself the result of perve…

I don't disagree with anything you said here. But sadly we all have to play with the cards we dealt. Mamdami can't force the Central Bank to QT anymore than Trump wants to QE us into hyperinflation. And I'm not sure if either would fix what's already broken.

The scales and old ways of life are broken. I don't think anyone is interested in throwing it out and starting new, so we need to rebalance with the scale we have. That means readjusting tax brackets, worker wages and hours, and likely bringing down asset prices. Throwing more money into the system clearly broke stuff, so let's at least redistribute what we have if we can't easily take out the money

Re: Zohran Mamdani wins the New York mayoral race

#895

Post by LordDragonfang »

apparent wrote: post #575
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…

> his policies are relatively common sense and middle of the road Free buses and free child care are not remotely common policies in the US. Ditto for govt-run grocery stores. And freezing rent for controlled units.

Free childcare is an extremely business-friendly proposal (increases the workforce, reduces the need for costly parental leave). I'd say I don't know why it's not more popular with right wing neoliberals, but I know why (they're more anti-government than pro-economy).

Rent control is increasing popular and common in liberal areas (which NYC is)

Re: Zohran Mamdani wins the New York mayoral race

#896

Post by jasondigitized »

reenorap wrote: post #401
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…

Obama was hated by San Franciscan progressives because he came in with all of these promises and then backtracked on almost all of them. He basically turned into a Bush-lite, and he even maintained every single one of Bush's policies as well as deadlines. For example, he talked a lot about abortion and then immediately said it wasn't a priority for him once he got into office. He never closed Guantanamo and in both e…

Let's not forget, Edward Kennedy passing away really through a monkey in the political calculus early days for Obama.

Re: Zohran Mamdani wins the New York mayoral race

#897

Post by jasondigitized »

woodpanel wrote: post #536
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…

I have some confrontational views about this, but in good faith I’d like to invite some discussion with it (not an American). TLDR: You will see more Mamdanis in other cities. This is a treasure trove for MAGA. Expect at least 12 years of secure nationwide wins for whoever is championing that platform > I’m reminided of Obama and his hopeful message This is the gist of the PR campaign, voters fell for. It goes in lin…

Let's revisit this take after the mid terms. Also, if not this, then what is the solve?

Re: Zohran Mamdani wins the New York mayoral race

#898

Post by crowbahr »

testfoobar wrote: post #206
JumpCrisscross wrote: post #147

Earlier quoted context omitted.

> 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 Out of 3.7mm [1]. > not directly familiar with Berlin Not comparable. Berlin froze rents “on more than 1.5 million” apartments in 2020 [2] out of about 2mm. 25% versus 75%. Also, Berlin’s politicians didn’t propose a construction agenda. Mamdani has. (“New York City voters on Tuesday deliv…

Increasing supply brings down prices. But a builder will not build at a loss or an imminent threat to their rental income from expansion of rent freezes. A city with an expanding rent-freeze is not inviting new supply.

> Increasing supply brings down prices. But a builder will not build at a loss or an imminent threat to their rental income from expansion of rent freezes. > > A city with an expanding rent-freeze is not inviting new supply.

Builders build rent stabilized housing ("affordable apartments") in tandem with market rate unsubsidized units. There is an enormous backlog of development proposals that the city council has been sitting on for a while now. Vacancy rates in NYC are 1.4%. anything under 5% is defined as a critical housing shortage.

New housing is in such extreme demand that people pay $5k/mo for a shoebox.

Re: Zohran Mamdani wins the New York mayoral race

#899

Post by philistine »

abustamam wrote: post #753
philistine wrote: post #740

Earlier quoted context omitted.

Wonderful point of view to consider people as akin to cars.

It's an analogy. They are not comparing the worth of a human being to a car. They're saying that someone else's high risk should not increase your premium.

I stongly disagree with the premise that someone else's high risk should not increase your premium. How do you control your insurer? How do you know who's in their pool?

Re: Zohran Mamdani wins the New York mayoral race

#900

Post by jasondigitized »

doubletwoyou wrote: post #28
bdangubic wrote: post #21

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

Edward Kennedy died. Everyone forgets that.
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