Re:How Has San Francisco Run Out of Money for Affordable Hou...
by matchbok on Monday November 12, 2018 @06:12PM
(#18436867)
Last time I checked NYC still had a massive affordability crisis.
Re:How Has San Francisco Run Out of Money for Affordable Hou...
by CPLX on Monday November 12, 2018 @07:18PM
(#18437223)
To some extent. Itβs nothing like San Francisco. And rents in Brooklyn have actually been falling noticeably, precisely because a massive amount of new apartment stock has gone up in the last five years.
We've been doing it in NYC for decades, it works just fine.
Of course it only works if you understand the premise that buildings can be more than three stories tall.