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by snapplebobapple
825 days ago
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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) |
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‘Getting out of the way’ in NYC means empty billionaire towers to facilitate money laundering.