Brambleshire

Brambleshire t1_j210mwh wrote

If you think developers won't build in one of the most lucrative markets in the world if it's slightly less profitable then your just either delusional or a developers shill. Ppl like you talk about the free market like it's an act of God that we can't do anything about. it's amazing.

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Brambleshire t1_j1zwryx wrote

You missed or ignored my point. My point is that it's less profitable and that's why only luxury gets built. We have to step in, and use those things called regulation, laws, grass roots organizing, to require affordable housing that's only less profitable. Capitalism peak profitability leads us to all kinds of suboptimal outcomes. Steering it into something more optimal for public good is nothing new or radical.

>I'm not a real estate developer apologist or anything, but in general I trust their ability to make a shit load of money and if they're saying the best way to make money is to build luxury then I believe them.

oh ok, so your a developer simp then.

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Brambleshire t1_j1zm2hm wrote

But why do you think it HAS to be luxury? What if i told you we could build mountains of affordable housing without displacing people? You'll probably tell me it's not possible.

Its all these laissez-faire evangelists who pretend that the "free" market is god and we just have to build luxury cuz that's what developers want 🤷🏻‍♂️.

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Brambleshire t1_j1zlk7n wrote

Why are you talking like we just have to accept the pure free market and developers whims like it's an act of God? Real estate is WILDLY profitable in nyc. Don't hit me with that crying poor shit. Theres more wealth in this city than anyone can comprehend. Not building affordable is a choice not something unfortunate that just can't be helped.

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