@MatthewSkrzypc1@moseskagan Mamdani is supported and endorsed by the DSA which advocates for the elimination of capitalism. It’s pretty clear that the Mayor has no issue with this.
Cool. So it costs $800k minimum/unit to build a 2br apartment in NY metro area. And it costs about $400k to renovate a typical existing NYCHA unit. So now that we know the costs, what do you think would be a fair rent to pay for the people living in either unit? Please also factor in heat, water, insurance, super salary, repairs, cleaning, garbage removal and taxes. What’s the fair rent price?
@lst156 Please explain how NYCHA spends almost $400k to renovate those apartments. That’s literally what NYS gives them to renovate per unit. Please explain where you get $10k.
@UpstateNYe Cuomo didn’t firewall anything. He caved to the DSA on crime bill and rent laws. He thought that would save his skin but they ate him alive in the end anyhow.
@oaklandDude@nypost Are you suggesting that 2nd home tax would cover the cost? I mean someone has to pay for the housing and I’m just wondering if you have a solid theory on how that would work?
@oaklandDude@nypost No, it’s not. It serves as someone’s home … but it’s also a super capital intensive asset. So if the person making it a home and living in it cannot afford to build it and/or maintain it, who should?