News for hackers. Stuff that matters.

A comment on A rent-stabilized 1 bedroom apartment for $1,100 In NYC? broker's fee is $15K. Parent comment

Re:A rent-stabilized 1 bedroom apartment for $1,100 In NYC? ... by BeFlatXIII on Saturday February 10, 2024 @12:20PM (#39328092)
…and why should the current residents of Stockholm give a toss about the people who aren't there but want to move in and drive up prices?
[ Parent | on HN ]
Re:A rent-stabilized 1 bedroom apartment for $1,100 In NYC? ... by IncreasePosts on Saturday February 10, 2024 @01:51PM (#39329081)
I don't think anyone said they should. However, to the extent that the housing policies are determined by larger-than-local government agencies, there shouldn't be some citizens getting a large benefit and similar citizens getting the shaft.
[ Parent | on HN ]
Re:A rent-stabilized 1 bedroom apartment for $1,100 In NYC? ... by jrockway on Saturday February 10, 2024 @12:59PM (#39328512)
Because of economies of scale, the incremental increase in tax revenue that a new resident provides is more money than it costs to have one more resident in the city.
[ Parent | on HN ]