Re:Why Billionaires Don't Pay Property Taxes in New York
by dnr on Thursday May 14, 2015 @04:54PM
(#9547527)
You just switched the subject of the conversation from "luxury condos for wealthy people" to "infrastructure". That's a tricky debate tactic. Of course you have to "grow infrastructure," nobody is arguing that in the abstract, but there's a lot of choices to make about what and how. Luxury condos are one type of thing that can be built, middle-income housing is another. They have different effects on the city. The current incentives that lead developers to building only luxury condos are not a law of nature or economics, they're a result of political choices by the city and state, and they can be changed.
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Re:Why Billionaires Don't Pay Property Taxes in New York
by Kalium on Tuesday May 19, 2015 @06:07PM
(#9573486)
Housing is infrastructure. Not building housing is not building infrastructure. If you don't build "luxury condos", then what was intended to be middle-income housing will become "luxury condos" because you failed to build sufficient infrastructure. This is not a hypothesis - this is an empirical observation from every city that's ever tried rent control.
There are exactly zero tricky debate tactics going on here.