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54 sats \ 7 replies \ @Satosora 5 Jun \ on: FBI Searches Property Management Company in Rent Price-Fixing Investigation econ
People are greedy. I know NYC had rent controlled apartments, did that work for them?
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20 sats \ 6 replies \ @siggy47 OP 5 Jun
Ask NYCB bank. Landlords are leaving apartments vacant because they can't afford to make needed repairs. With NYC corruption filled and regulated maintenance costs default is the only recourse.
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54 sats \ 5 replies \ @Satosora 5 Jun
I also remember NYC had a cool SRO program. If you could get into one.
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10 sats \ 4 replies \ @siggy47 OP 5 Jun
That was a while ago. The hotel industry is doing great. 20% of hotel space is filled by undocumented migrants who's market rate rooms are being paid by the city.
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54 sats \ 3 replies \ @Satosora 5 Jun
Interesting. I dont believe undocumented migrants are a good thing.
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30 sats \ 2 replies \ @siggy47 OP 5 Jun
I agree, especially at these levels.
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54 sats \ 1 reply \ @Satosora 5 Jun
I dont mind legal migrants. Those that go through legal means. The USA needs migrants. Its just these people coming over without documentation and bogging the system is not good.
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10 sats \ 0 replies \ @siggy47 OP 5 Jun
Exactly
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