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HappyArtichoke7729 t1_je0rph0 wrote

Reply to comment by Ilanaspax in Tenants Fight Back As Rents Soar In Jersey City And Hoboken by mad_dog_94

Building more rentals relieves pressure on rent.

Getting rid of the Realpage monopoly would also relieve a lot more pressure on rent.

Increasing law enforcement would also relieve pressure on rent, by arresting landlords who are breaking the rent control laws.

Disallowing more housing to be built is dumb, and part of the reason we're in this mess. (Not the entire reason)

But we will leave things exactly as they are now, because these large corporations are the ones funding our politicians' careers.

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Ilanaspax t1_je0se5z wrote

It’s SO weird how out of all those solutions for affordable housing the only one that ever gets executed involves developers getting more money 🤔

oh well I guess we’ll trust the process and just let them keep polluting the city with luxury rentals and pricing out the existing population until we finally figure this out

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moobycow t1_je11yyf wrote

Maybe so, but could you explain a mechanism by which building less stuff and having less homes available in an area of high demand makes them more affordable?

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GeorgeWBush2016 t1_je1mbw5 wrote

I'm genuinely interested in hearing your solution.

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JeromePowellAdmirer t1_je1z7i1 wrote

Apparently, the 4% rent control on >30 year old buildings that's already in place isn't the solution, based on how they pretend it doesn't exist.

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