[ryanong]

Capitalist dystopian dreams. Nyc has mostly unregulated real estate and it is still horrible. Large development corporations create artificial scarcity that rise the price of rent. Everything just rises in cost including minimum wage and just tracks whatever the developers can extract out of the economy.

If the solution doesn’t including bringing everyone along I don’t want it.

[shuckles]

NYC real estate is far from unregulated. In fact, it faces arguably even stronger NIMBY pressures than San Francisco and indeed SF has authorized more building permits per capita than NYC for many years in the last decade. Its rental market also had many new controls added this past summer.

[buss]

Yup, this is correct. NYC is very far from anything resembling a "deregulated" market.

[stjohnswarts]

Yeah not sure what that poster was basing his incorrect point on.