[xtiansimon]

I suppose here’s the type of story where it’s all sounds good and you say show me the data. And then, if you’re inclined, run a notebook and look for comparable metrics from other cities.

https://www.nyc.gov/site/hpd/about/open-data.page

This was particularly interesting:

“Neither cooperatives nor the city typically sell flats. Mostly because …they really love recurring revenue and absolutely would hate to deal with short-term income as they are generally *non-profit institutions*.” (My emphasis)

Doesn’t seem like NYC can run their buildings at a profit, considering all the repairs that are reported as unfixed.

[tonfa]

> “Neither cooperatives nor the city typically sell flats. Mostly because …they really love recurring revenue and absolutely would hate to deal with short-term income as they are generally non-profit institutions.” (My emphasis)

FWIW that was a bit misleading, the goal of the city or the non profits (Genossenschaften) is to provide housing, not selling flat. (There's a goal that 1/3 of all housing in the city has to be non-profit by 2050, this was voted back in 2011)

[xtiansimon]

> "...the goal of the city or the non profits (Genossenschaften) is to provide housing, not selling flat."

I can only speak for NYC and the efforts here. We have a dog's breakfast of different efforts--housing lotteries, Section 8, and programs for down-payment assistance to buy a home for first time home buyers. I made use of the last program, having had no success in the first for the past 13 years (I've received probably 3-4 letters from different lottery programs saying I was moving up in the program, but they always fizzled out).

> "There's a goal that 1/3 of all housing in the city has to be non-profit by 2050, this was voted back in 2011"

This sounds like a remarkable program. I wonder about these non-profits. Who runs them, how are they governed, what is their measure of success (since it's not monetary), and how do they measure it.

https://housingconnect.nyc.gov/PublicWeb/search-lotteries

https://www.nyc.gov/site/nycha/section-8/about-section-8.pag...

https://www.nyc.gov/site/hpd/services-and-information/homefi...

[kenty]

Yes. Thanks for pointing this out. I was hesitant to keep it in the article too as it's a bit too much of a simplification since I pool in different actors like Baugenossenschaften, the city and e.g., pension funds together. Further analyzing would have indeed been better but I wanted to keep it compact.

[tonfa]

Yeah, it felt a bit weird to me since if anything to reach the stated goals they need to buy a lot more land/buildings. (The recent failed cantonal initiative would have helped them)

[kenty]

Will remember it for the next article to run some more empirical number crunching, thank you! This was more of a rationalist view on things and focussing on Zurich only.

[xtiansimon]

> "...to run some more empirical number crunching..."

Don't get me wrong, more number crunching when an article is above survey is always appreciated.

My idea was simply when non-profits come into the game, I feel there's an opportunity to find data. And finding it, why not share it?