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A comment on New York City population declined by 5.3% since 2020. Parent comment

Re:New York City population declined by 5.3% since 2020 by doctorpangloss on Tuesday December 19, 2023 @12:46PM (#38698819)
> Sure you can pay more and get something. But it used to be that you traded a lot of quality of life (in unit washer dryer, dishwasher, ac, no walkups, cars, space, etc) for a lower price and the social aspects of living in a city.

On the other hand, if "every" landlord "just" asks for more, what the fuck is anyone going to do about it?

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Re:New York City population declined by 5.3% since 2020 by NickM on Tuesday December 19, 2023 @01:00PM (#38699064)
Move away? I mean maybe not everyone can easily do that, but as prices go up, fewer people will want to live there, and units will start going unrented until prices come back down.

But this is just basic economics. Supply and demand. Are you implying that that doesn't set the prices, and that landlords are leaving money on the table out of the kindness of their hearts? That seems unlikely to me.

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