This ought to be fun to watch unfold:
Who needs practical housing policies when Mamdani has such lovely theories? Who needs practical housing policies when Mamdani has such lovely theories?
Progressives like Mayor Zohran Mamdani and Public Advocate Jumaane Williams love to rage about too-high rents and apartment complexes with lots of housing violations — conveniently ignoring a fundamental contradiction, namely: Higher-rent buildings have vanishingly few violations, because the landlord can afford to fix things.
Unveiling his latest “Worst Landlord” list last week, Williams raged at greedy landlords’ thousands of open violations and other poor conditions.
“Each hazardous violation on the Worst Landlord Watchlist, each building in disrepair, each landlord putting profit over people, represents New Yorkers suffering in their homes,” he huffed, calling for more housing inspectors to presumably hector the evildoers into changing their ways.
Then again, Williams also admitted that he had to exclude City Housing Authority complexes from consideration, because otherwise NYCHA would’ve “far surpassed” the bad guys he targeted.
It has hundreds of thousands of open work orders to address various violations — but lacks the cash to address them speedily, because rents are too low and no one, including the new mayor, wants to simply spend more public funds to make up the difference.
It’s so easy to campaign offering “free stuff” to bunch of ignorant people who likely believe all these libs like Mamdani have to do is simply snap their fingers and presto “utopia”! Eventually the hard economic realities will come and punch these charlatans in the face! As a homeowner and a landlord, I’ve learned about the hard economic realities of maintaining properties - it’s ■■■■■■■ expensive! We as homeowners can “hide” those costs to some extent by doing our own plumbing, electrical work, landscaping etc. (or simply putting things off). But if you’re in a situation in which you have to pay others to do all the maintenance it gets very expensive. I determined that for the rent I was charging that after taxes, insurance, water & sewer, and all the maintenance costs that I was just about breaking even. I’m not a big proponent of being a landlord and can’t imagine being one in NYC. Maybe Mamdani and all his communist buddies who are part of his administration will fix all the problems in all these buildings for free!
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