R C

[Bill Ackman @BillAckman]

.@NYCMayor Mamdani’s appointed advisory commission is recommending an 18.2% raise for himself and other elected officials purportedly because of inflation, yet his self-appointed Rent Guidelines Board — which is supposed to consider inflation in setting rents— froze rents for two years.

A question for the mayor:

How is this fair or appropriate?

[R C @rclaca]

@At50w50882 @soonercapital Just curious, how would you know that?

[R C @rclaca]

@ShabbosK They're proving your point. He said it's more than economic model, that he doesn't want to leave his family. Well, the people coming to America from those countries don't want to leave their families either. That's how important the economic model of the place where you live is.

[R C @rclaca]

@donnathebuffalo Come to Southern California! Please.

[R C @rclaca]

@GenZMultifamily There's nothing stopping people from moving from NY or LA or SF where rent is sky high to much more affordable places in the US.

[R C @rclaca]

@GenZMultifamily But I live in LA where rent is $4k a month. Do I need a passport or anything to get into Ohio or can I just freely move there?

[R C @rclaca]

@Lons Y don't u stop worrying about how much money other people have?

[R C @rclaca]

@thatkeaton And somehow made a billion dollars doing that. Not bad

[R C @rclaca]

@Fightflix_ That wasn't dirty even without the headbutt

[R C @rclaca]

@SeanMcCarthyCom Yeah a sociopathic economic system that has produced the highest standard of living in history.

[R C @rclaca]

@ci_case the chart doesn't say how many buildings were purchased in 2014. and about half are individuals even in 2014.

[R C @rclaca]

@ci_case your proof is they used the word "corporation" which means nothing. you don't seem to understand that.
what other proof is there that they are large corporations and not just corporations?

[R C @rclaca]

@ci_case and you haven't proved anything you said either. all you said was "corporations" which you seem to equate with size.
the word "corporation" means nothing. it's costs like $100 to set up a corporation.

[R C @rclaca]

@ci_case @LaRepublica17 @notchrisvolpe even mom and pops will set up a corporation before they purchase it. the fact that it's an acquisition changes nothing.
actually many of those could be mom and pops transferring from individual ownership to a corporate entity.

[R C @rclaca]

@jayparsons Luckily, he can afford it. I'm sure it's some families' life savings.

[R C @rclaca]

@ValueHao Every city without rent control is cheap and affordable.
The 2 cities with rent control, LA and NY, are the 2 most unaffordable cities.

[R C @rclaca]

@JillFilipovic "Test if it actually works". In doing what? What results are you going to measure in 2 years?

[R C @rclaca]

@JillFilipovic What exactly are you testing for in this experiment?

[R C @rclaca]

@MrHydeRager @mcuban Is there a freeze on expenses? When income stays the same and expenses go up, eventually expenses exceed income and you lose money.

[R C @rclaca]

@mcuban And it won't work for tenants either because now landlords won't properly fix and maintain their apartments since they're just gonna lose money on them anyway.

[R C @rclaca]

@mcuban Will rent control work? For who? For people who worked and saved their whole life to buy an apartment building to provide for their family like so many do? Will it work for them?
What do you think?