[jackbob]

That last question of mine in #34, should be directed to firebrand.

[tcostell]

If your point is that housing price controls have the most negative affect upon the smaller landlords, I would agree with you only in that increased capitalization typically improves the margin of error for a business. The actual effect on all parties is the same when expressed in any sort of quantitatively objective terms, but the larger landlord will be less likely delivered into insolvency. (If you have 10 dollars in the bank you can lose $5 per month for 2 months then you are in receivership, if you have $100 you can continue to lose for another 18 months.)

But the truth of the argument is, we should both know better than to try and educate someone who believes that the law of supply and demand is somehow suspended at the Hudson river, and magically resumes again in Long Island City.

And FYI, I still work in Manhattan, I only moved out because of the birth of my daughter and the abysmal schools, so I feel qualified to continue to comment on the natives. I can assure you that the residents always want as high a quality as can be delivered for the price, and that applies to everything. The arguments that Firebrand is making are far more typical of the political left with all it’s inherent hypocrisy and contradiction, and are not shared by any of the people I know who continue to call Manhattan home.