In a free market, shouldn’t the customer know which merchants have policies that aren’t consistent with their interests? It’s funny how these sacred principles of business are one-way streets to many.
There’s no category of rent seeker less worthy of benefit of the doubt than a NYC landlord.
Re:Who Owns What in NYC?
by snapplebobapple on Saturday March 23, 2024 @12:50PM
(#39801264)
Nyc is npt a freemarket. If you read the page the worst evictors are targetting rent stabilized ( i.e way below market) tenants, renovating and returning the unit to the market price. If your concern is for a free market, the evictors are the heros here (the villain would be the government and its onerous regulation causing shortage and price pressure then failing to solve it because they chose price controls rather than getting out of the way)
Talk about stuffing words in my mouth.
‘Getting out of the way’ in NYC means empty billionaire towers to facilitate money laundering.
Owning and managing rental properties is a business endeavor and unsurprisingly will be treated as such. When a landlord’s clients (tenants) cease to uphold their end of the deal (rent payment), the landlord is well within their rights to evict their tenants to sooner have new tenants that will pay rent.
Putting the most prolific landlords of NYC (and as a result, the landlords with the highest number of evictions) on blast with an evil red hue is disingenuous at best.
Perhaps the site is dated and only applies to the COVID era, but if this is the case then it’s time for the site to go down?