I’m not sure how I feel about rent control (other than 1/ the NYC system is its own beast and 2/ it’s complicated) but I do know that a lot of people on here who want to blow up the current system in favor of tenants are unrealistic about the costs of operating an apartment bldg
My favorite line from Atomic Habits has been living in my head rent-free:
“It doesn’t make sense to continue wanting something if you’re not willing to do what it takes to get it. If you don’t want to live the lifestyle, then release yourself from the desire. To crave the result but not the process is to guarantee disappointment.”
@OrevaZSN If it’s helpful just remember that none of it actually matters. Whatever you’re worried about tomorrow will be forgotten 30 days from now, if not sooner.
@enjojoyy I plan on doing this. I have the benefit of having dual citizenship via Ireland and my kids have inherited that. But even without, it’s a great idea for folks to consider and work out.
@LoEl81@amooresiue13@Cangelosifan A loss will be shrugged off because that’s what most Americans already expect. And that’s just the small number that pay any attention at all to even have expectations.