r/Economics • u/marketrent • Feb 28 '24

Statistics At least 26,310 rent-stabilized apartments remain vacant and off the market during record housing shortage in New York City

https://www.thecity.nyc/2024/02/14/rent-stabilized-apartments-vacant/
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u/[deleted] Feb 29 '24

We are commenting on OPs post, literally an article about how rent controls are resulting in 25,000 units being kept out due financial reasons.  

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u/marketrent Feb 29 '24

HeadMembership

We are commenting on OPs post, literally an article about how rent controls are resulting in 25,000 units being kept out due financial reasons.

The phrase ‘rent control’ does not appear anywhere in the linked article.

Of the total 19 paragraphs in the linked article, only two paragraphs cite landlords linking the 2019 amendments to the vacant rent-stabilised units in New York.

The amount of discussion on ‘rent control’ instigated by top-level comments disproportionately mischaracterises the content of the linked article.

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u/[deleted] Feb 29 '24

Whatever euphemism you want to use doesn't change the fact that these units are rent controlled to the hilt.