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Re:Manhattan rents cross $5k threshold for first time by enriquto on Thursday July 14, 2022 @11:29AM (#32097286)
> it costs real money and time to build those homes and maintain them.

As a renter of a dangerously unmaintained property, whose owner has never worked because he inherited a bunch of apartments, I can only laugh hysterically at your ridiculously-over-the-top sarcasm.

Re:Manhattan rents cross $5k threshold for first time by noptd on Thursday July 14, 2022 @12:23PM (#32098079)
This comes back to scarcity as the root cause. If there were an abundance of alternatives in the same price range, shitty landlords couldn't get away with letting their properties deteriorate to such a condition.

The deadbeat landlord problem would solve itself once we build ourselves out of scarcity.

Re:Manhattan rents cross $5k threshold for first time by refurb on Thursday July 14, 2022 @01:01PM (#32098638)
I’m pretty sure neglected maintenance doesn’t prove the OP statement untrue.