Posted on 07/20/2017 8:27:53 PM PDT by HunterGatherer04
--SNIP-- DiNapoli found that as of December 2015, 160 tenants living in affordable units in New York City were making $100,000 or more, with eight making $250,000 or more.
As he noted, once a tenant qualifies, they can’t be removed from this housing if their income goes up over time.
(Excerpt) Read more at nydailynews.com ...
When you consider a 100 sq ft apartment can run over $1,000.00 in NYC I am surprised more people do not qualify.
If you only make 100G in Manhattan you are poor.
Janitors make 100k in NYC.
Rent control needs to end and scammers like Sans need to be charged and jailed. Surely his false applications, stolen social security numbers, etc. are prosecutable.
Massachusetts ended it few years back,much to my surprise.
The Cambridge crowd was NOT happy !!!!
.
But should taxpayers be subsidizing the apartment if you make that much?
That’s just messed up subsidy policy, assuming you are going to have subsidy at all. Ought to at least be a sliding scale here.
No they should not. Government should not be supporting rent in high cost areas. All that does is subsidize the cost of the elite’s domestic help. Either the rich pay living wages to employees in a high cost area or they go without hired help and basic services, f*ck ‘em.
Just to follow up on my comment, if nobody can afford to live in Manhattan then rents and property values will fall, much to the chargin of the beautiful people. It is time that they feel our pain because America is sick of them using our money to prop up their lifestyle.
“If you only make 100G in Manhattan you are poor.”
True, unless you work there and live elsewhere.
It seems if we had a consumption tax instead of an income tax, issues like these wouldn’t occur at all. Something like the Fair tax could vastly reduce fraud as there wouldn’t be any mammoth bureaucracies and red tape people could hide behind.
Ping.
My question would be... why is the government subsidizing any apartments at all ?
You can get a decent 2br 800sf for $1400 in the outer boroughs if you willing to ride the train 45 min.
I bet the people who work as domestic help disagree with your thinking.
Make the cost of hiring them high enough and they will go back on the welfare roll...
this has been a problem for a very long time
we knew a successful attorney who got himself into a 4000 square foot penthouse in one of the best parts of NYC...
all subsidized ..he was paying something like $150 a month total for it
for years and years, until he passed away in fact
Oh the horror! People are acting according to their own self interests.
How could it possibly have come to this!?
Quick, let’s punish everyone who seems to have it better off than his comrades.
We’ll use the confiscated funds to fight climate change!
In NYC, one can pass the rest stabilization rights on to heirs (assuming they qualify).
NYC Democrats must subsidize rents, especially to welfare types via Section 8. Otherwise working people would just gentrify the remaining slum areas of NYC, like they have been gentrifying Harlem. Then what would happen to the Dem voter base?
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