[PapaBear3625]

The healthiest thing that could happen to New York would be the elimination of rent control and much of the burdensome rental regulations. The net effect would be to price the Welfare Class out of the Manhattan housing market, followed by an influx of middle-class tenants who would actually work in the city and pay taxes.

The main opposition to this would be wealthy condo owners, who would see the value of their condos drop if more middle-class and luxury housing came on the market.

[firebrand]

The main opposition would be the hardworking people who are struggling to keep a roof over their family’s heads and would be homeless. One point one million apartments, equals at least two million people. How is NYC supposed to handle that? I’m sure you don’t live here.