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

Re:A rent-stabilized 1 bedroom apartment for $1,100 In NYC? ... by codedokode on Saturday February 10, 2024 @01:33PM (#39328918)

If you want to create a fair system you should also build infrastructure otherwise it is unfair when someone lives near the subway in a historical part of the city and someone has to live near the forest among ugly modern high-rise buildings.

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Re:A rent-stabilized 1 bedroom apartment for $1,100 In NYC? ... by Jensson on Saturday February 10, 2024 @05:09PM (#39330692)

That is how things are done all over Europe though. The state plans a new suburb by also planning bus stops, roads, subways, trains, parks, shopping malls and schools within walking distance etc. That ensures there are no really bad homes so even the cheap homes are in nice livable areas.

It isn't expensive to build such areas, so there is no reason not to do it except if you want to punish the poor.

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Re:A rent-stabilized 1 bedroom apartment for $1,100 In NYC? ... by bombcar on Sunday February 11, 2024 @08:55AM (#39335009)

Almost by definition the cheapest homes will be the “worst” homes so the goal is to make them as less bad as you can.

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