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by gammateam 2771 days ago
thats true whether there are subsidies or not.

these are higher paying jobs than current averages no matter how the average is done, using less space than average, and the subsidies pay for themselves.

so............... thats why the model can exist in a vacuum

1 comments

right but how do you factor in longer commutes for existing residents? or current residents having to move or have their children go to different schools? What is your dollar value on that? and before you say that isn't relevant, thats the exact mindset that brought us trump. valuing the dollar value over quality of life of existing people. it also outsources alot of the quality of life to visa holders instead of residents.
and you think ANY of that is a relevant argument for Long Island City's 3-year residents? LIC is the perfect place to build this. A lot less contrived than when Google bought a block of lower Manhattan for $1 billion back in 2011.

> and before you say that isn't relevant, thats the exact mindset that brought us trump.

is this post copypasta?

I feel like you would recycle this post as a counterpoint for any form of upward mobility in an area.

The model exists in a vacuum because the subsidies make a profit and create minimal overhead.