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The New York Times
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Where the conversation begins. Follow for breaking news, special reports, RTs of our journalists and more. Visit http://nyti.ms/2FVHq9v  to share news tips.

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    The New York Times‏Verified account @nytimes Oct 12

    In California, Proposition 10 has put a new focus on an old question: whether rent control tends to ease or compound a shortage of affordable housinghttps://nyti.ms/2CH4abS 

    11:50 AM - 12 Oct 2018
    • 45 Retweets
    • 116 Likes
    • Rabinder Khurana Judi Daunell Sami Ullah Miquel botanch Joe Townsley Ricardo DanSam Louis Valverde Ana Fernandez
    25 replies 45 retweets 116 likes
      1. Rachel Mills‏ @rachelmills_ld Oct 12
        Replying to @nytimes

        “Yes” on 10 is backed by an HIV/AIDS (@AIDSHealthcare) and Homeless/Low-Income housing nonprofit (@HousingHumanRt). “No” on 10 is backed by the largest private equity firm (Blackstone) and billionaire landlords known for abusing POC and veterans. The choice should be simple.

        0 replies 0 retweets 3 likes
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      1. Jocelyne‏ @jocelyne Oct 12
        Replying to @nytimes

        I LOVE how the @NYTimes covers LA better than the @LATimes. See why I can't read that shit anymore? Thank god for the #NYTIMES

        0 replies 0 retweets 4 likes
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      1. Bodega Bay J‏ @KnowCalifornia Oct 12
        Replying to @nytimes

        The problem with rent control is that there is no component to apply it fairly, and by that I mean based on income thresholds. In San Francisco, you can make http://dot.com  wages and live in a rent controlled apartment.

        0 replies 0 retweets 2 likes
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      1. Jason Long Dickey‏ @JasonLongDickey Oct 12
        Replying to @nytimes

        State Republicans trying to dismantle rent control. Grandma already lost her Medicare now they want her to lose her home.

        0 replies 0 retweets 2 likes
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      1. OneVoice‏ @onevoice_1 Oct 12
        Replying to @nytimes

        Do not know why there is a debate on this one - rent control only exasperate the problem. It reduces new investment; property owners spend less on repair and maintenance. Govt. should instead provide tax breaks for lower income renters if they want to help.

        0 replies 0 retweets 1 like
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      1. Stelio Lardas‏ @StelioLardas Oct 12
        Replying to @nytimes

        Why isnt institutional buying of housing stock during times of massive foreclosures & the scarcity of housing stock pushing rents & home ownership beyond workers ability to pay also not on the ballot? Or is what's on ballot landlord driven?

        0 replies 0 retweets 1 like
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      1.  🖤 🦄Black_Unicorn 🦄 🖤‏ @UnicornBlk Oct 12
        Replying to @nytimes

        It’s actually ridiculous at how much rent is in California. I had a 1 bd/1 bath with a den that was 811 sqft and paid $2227 a month. I would tell ppl here in Louisiana and Texas and the looks on their faces.... 😲

        0 replies 0 retweets 1 like
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      2. Insight Law Firm‏ @InsightTaxLaw Oct 12
        Replying to @nytimes

        If you want abandoned buildings, go with rent control.

        2 replies 0 retweets 0 likes
      3. not drunk yet‏ @nothinpolitical Oct 12
        Replying to @InsightTaxLaw @nytimes

        The problem is not rent control. The problem is that inner city wages cannot compete with the restricted housing supply that has been artificially induced to capitalize on services like AirBnB. Why lease for $2000 a month when you can make $300 a night?

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Q‏ @sentient_q Oct 12
        Replying to @nytimes

        This is 2018, why are we not decentralizing with tech?

        0 replies 0 retweets 0 likes
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      1. Copiah Ashley‏ @CopiahAshley Oct 12
        Replying to @nytimes

        Look at NYC. Just the Super Rich and the subsidized can live on Manhattan. Everyone is for “Fair Housing” until bullets start flying around THEIR neighborhood. Middle class will move to AZ and Texas.

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