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MW
Cash Jordan
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Comments by "MW" (@mw4507) on "Cash Jordan" channel.
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why would anyone invest in a city with rent control and strict eviction protections?
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If they eliminate public housing, section 8 and rent control the cost of housing would drop immediately . The supply would skyrocket because people who can’t afford to live there would move to an area they can afford.
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@BrookeLyn39 the govt is artificially keeping the price of rentals high by paying for it. If the govt stopped, the amount of people who could afford to live there would plummet and so would prices.
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rent control is clearly an illegal taking of private property for a public good and these land lords need to be compensated by the govt. The govt wants rents that their voters can afford so instead of providing it themselves, they force private land lords to provide affordable housing at the expense of other tenants. This drives out investment, it drives out development and ultimately hurts low income people. Because unless you get a sweetheard deal, there is no way you can afford to live there. It screws over everyone except the govt officials.
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socialism destroys everything it touches.
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this is just going to drive away good people. It will make new york more of a hell scape than it already is.
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Eliminate rent control and section 8, the price of rent will plummet when the govt gets out of the game.
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@hmhm856 these govt programs are propping up the price. If there is a floor in price, it won’t fall beyond that. I will give you an example, let’s say the govt gets out of the medical insurance game. It ends Medicare, Medicaid and va benefits. The price of health care would drop by like 75% in a month. They can only charge what people can pay. Same for rents.
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The indoor swimming pool is a nice touch.
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As long as there is public housing, section 8 and rent control, NY will continue to collapse into itself. Public sector pensions will bleed the budget dry. Let the free market decide who gets to live there.
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my mortgage for a 3 bedroom house a couple miles from the ocean is like $950. I don't understand why people live up north.
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Welcome to “show me your papers”
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people go to NY as a tourist? Thats hard to believe.
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15 more reasons never to come to NY
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this must be how the native americans must have felt when all those white people started showing up. Can't stop people who want to work and build a life for themselves.
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This is like making it illegal to use an Uber because car leases are too expensive.
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you can thank public housing, section 8, rent control for all of this. Eliminate these programs now.
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i dont understand why people live there.
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reporting crime is a waste of time.
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this will only make inflation worse. Dumping free money in an overheated economy will only make things worse. If you eliminate all these govt programs inflation would drop like a rock.
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17% of home purchases is not a huge number. Hardly a monopoly. Imagine being a seller and the govt limits who you can sell to. This would mean you get less money.
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All the more reason to never go to New York
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end public housing, end section 8, end rent control.
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Can you imagine if Harris gets elected? It will be the end of the US as we know it.
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Rent control is theft. The govt wants to provide affordable housing to the citizens, but doesn’t want to pay for it. So they essentially steal property from landlords and give it to people who will vote for them.
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my prius has 283k miles on it and still gets 47 mpg.
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The best solution is eliminate rent control and expedite evictions. Investment will flood in and prices will go down for everyone as there will be a ton of competition.
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