That is the story, or one of them. But most poor people are in public housing or Section 8. There’s a huge Tier 2 “homeless shelter,” really an apartment building, in my neighborhood where people stay forever, refusing apartments because they like my neighborhood and don’t want to get sent to an outer borough.
Rent-regulated apartments are mostly held by working people who have had the apartments for years and have not managed to get on the income elevator so could not afford anything else. It is a middle-class or even lower-middle-class group and the apartments are not in slums. There are many artists, musicians, and actors who have not made the Big Time.
Don’t believe all the myths on this subject. They are mostly generated by envy, except that the people spreading the myths would not trade their high income for a low-rent apartment, so they are just blowing smoke and being good little conservatives.
Here’s what I don’t get, you’re on a conservative small limited government website, advocating for big government control over and regulation of the free market, in this case , the housing market, with price controls.
And you wonder why anyone on here would be opposed to that?
No wonder we are in trouble in this country, everyone wants less regulation and spending, less socialism and more freedom, until it threatens to derail their particular gravy train, then their big government program is the best thing ever.
Maybe while New York is at it they should cap the “cost” of groceries, fuel, clothing, and what you in particular, can charge for your work, in the name of “working people” and “actors,artists, and musicians.”
Big government socialism is a heck of a drug.