@BillAckman Why don’t you come see what REAL ppl are dealing with. What REAL ppl’s lives look like day to day. You think that because you made money, you know ALL. God complex. And that’s your greatest limit. Assuming you have nothing to learn from anyone you don’t deem important
@BillAckman Why don’t you come down from your pedestal and go to the fucking streets of the city you swear you care about. Go talk to real fucking people outside of your bullshit social circles. Go to the schools, the parks. Have conversations!!!! Talk to us in real life BILL!!!!
@BillAckman Bill Ackman is giving Trump vibes. He sits on social media all day writing up all these mini fucking novels with absolutely ZERO connection to real people. This is what panic looks like. What happens when the uber wealthy are realizing that the masses are fed the fuck up
@Schwaay@BillAckman As opposed to what, Steve????! To someone like Bill give a fuck about regular people?! Are you kidding me?! Like what kind of brainwashing happens to you people?! Seriously. I’d love to understand it.
You hide in your wealth and social circles and refuse to look around you. At REAL fucking life. The effects of your fucking greed. Stop thinking you’re better than others to the extent that you dismiss basic needs of everyone else.
Imagine corporations and big money companies paid employees wages that attempted to keep up with inflation so people wouldn’t have to decide if they need electric or food for the week. Imagine that. @BillAckman you’re such a coward and truly pathetic.
Imagine your family worked for a generation to save enough money to buy a brownstone occupied with rent stabilized tenants on the Upper West Side. The family financed the purchase with a mortgage from a bank based on the premise that rents and cash flow would at least keep pace with inflation so you could pay interest and principal on the mortgage and hopefully have some cash flow left as a return on your investment.
While you had rent stabilized tenants, you were led to believe that the NYC Rent Guidelines Board would be required to adjudicate rental increases each year by taking a measure of the inflation of costs to own and operate a building and setting rental increases appropriately.
You believed the RGB would do its job as the board is comprised of two representatives each for landlords and tenants and five independent representatives that represent the general public.
Now, a new mayor @NYCMayor Mamdani is elected on the promise of freezing rents. There are about two million rent stabilized renters that benefit if rents are frozen so by promising frozen rents the new candidate for mayor buys votes and wins the election.
The new mayor achieves his objective by stacking the RGB with directors who do not follow their obligations and simply vote for a rent freeze as a preordained conclusion as evidenced by the statements of an RGB director who resigned in protest for this very reason.
Meanwhile, inflation in NYC is rampant in utilities, real estate taxes, insurance, repairs and maintenance, etc. and now your rents are frozen. Real estate is a high operating leverage business which means that frozen rents and inflating expenses will cause property cash flows to plummet and your after debt service cash flow to go negative.
I expect therefore there will be hundreds if not thousands of small NYC property owners who are now or will shortly be underwater on their mortgages, and without any cash flow to maintain their assets.
If you remember the images of the South Bronx burning in the mid 1970s, you can viscerally understand what is happening to small NYC real estate owners.
While the rent freeze appears to be short-term good news (long term it will lead to poorly maintained apartments) for 2 million NYC renters, it is bad news for the 2 million or more renters in the 1 million market rate apartments in the City because a landlord-hostile market is not likely to add meaningfully more supply and market rents will likely continue to escalate at a high rate.
All of this seems quite unfair and wrong unless I missing something?
Why am I wrong?
For disclosure: I do not own any NYC rental apartments.
🚨WANTED FOR RAPE: On Tuesday, June 23, 2026, at approximately 10:00 P.M., a 13-year-old female victim was on board a northbound BX9 MTA bus when she was approached by an unidentified individual. When the victim and unidentified individual exited the bus in the vicinity of Broadway and West 261 Street, in the confines of the 50 Precinct in the Bronx, the individual grabbed the victim and dragged her into a wooded area inside Van Cortlandt Park. The individual then sexually assaulted the victim and fled on foot to parts unknown.
Anyone with information regarding this incident is asked to call the NYPD's Sex Crimes Hotline at 1-212-267-7273 or 646-610-7272, the Crime Stoppers Hotline at 1-800-577-TIPS (8477) or, for Spanish, 1-888-57-PISTA (74782). The public can also submit their tips by logging onto the Crime Stoppers website at https://t.co/2PvTmQgxad, or on X @NYPDTips.
@BillAckman@X Very telling that this post would go up on X where Musk turned it into a safe haven for a specific crowd. But it’s also INSANE to absolve yourself of all accountability simply because you like so many other leaders want the work to be done without oversight
🚨 THIS is America at its best.
Unity. Diversity. People standing together.
Bad Bunny owned the Super Bowl halftime show and brought the whole country with him.
No hate. No division. Just culture, pride, and community. ✊🇺🇸
This is the America I want to live in.
Me tienen que dar varias horas para dejarme entender el tsunami de emociones que estoy sintiendo. Gracias @sanbenito, gracias @ladygaga thank you @NFL, @RocNation and @AppleMusic
@atrupar They’re trying to blame AI because they’re not ready to confront the reality of the economy. Things are HELL and investors are being overly cautious. Consumers are not spending as much. Every fucking thing is QUIET bc the destruction of this economy is LOUD!
@cryptogoos It’s is NOT a fucking strong labor market of for each job created there’s 100 candidates. You think the gov who fired the head of labor statistics for releasing figures they didn’t like, is going to produce accurate data?!!! Are we this stupid?
@ABC Mannnn if anyone is saying the job market is looking brighter right now, they are so out of touch. It’s a bloodbath out there!! There aren’t enough jobs for the amount of people looking for work! And the businesses are taking advantage of that causing fatigue all around! All bad