there also isn't a single city in the US that has rent-controlled its way into affordability
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Replying to @yhdistyminen @koaleszenz and
incorrect- rent controlled units in SF & NYC are still affordable- in fact, my artist community can find me a spacious spot in either city in a *beautiful* loft for $600/month thanks to Rent Control. The only thing keeping artists in these cities
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oh, damn, i guess skyrocketing rents in those cities are just fake news
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Replying to @yhdistyminen @koaleszenz and
Skyrocketing rents in *unregulated units* We have methods to create affordable housing already in practice- unfortunately you'd rather team up with landlords to use *their ideas to create more wealth inequality instead of teaming up with the anti-landlord locals
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Replying to @PierreDelect @koaleszenz and
i get that you hate new people in NYC but new people come here every year and they need a place to live--they have been since forever. Trying to rent control your way out of the problem does nothing to address the fundamental imbalance of supply and demand
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Replying to @drewg__ @koaleszenz and
I get that you hate an affordable NYC, but new people have more than enough available housing to move into in NYC as it exists currently. What they don't have is enough rent controlled units
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Replying to @PierreDelect @koaleszenz and
Between 2009 and 2018, according to the New York City Comptroller, New York gained 500,000 new residents, but built only 100,000 new housing units. What data do you have to back up the claim that there is "enough housing"???pic.twitter.com/XorzvWEDmi
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Replying to @drewg__ @koaleszenz and
there's available housing in every neighborhood. right now. What there isn't enough of, is rent controlled housing
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Replying to @PierreDelect @koaleszenz and
you keep saying this and offering no proof! here is a fact: NYC's population is growing every year. Even with the covid exodus, the vacancy rate is under 4%!! There is simply no data to back up the assertion that there is "enough housing" and yet you keep saying itpic.twitter.com/XdYRr8uCNo
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Replying to @drewg__ @koaleszenz and
You're right- people are trying to move here & they simply can't because there just aren't any available units. None. That's a thing that's happening

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well its not stopping them from coming here, but that's my whole point! what's happening is that both new and old NYC residents are spending higher and higher proportions of their income on rent, because they are competing for the same units. demand is overwhelming supply
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