NYC Mayor/2021 Megathread

[AGA]

Yang has a serious shot at this. I hope it's either him or McGuire.

[AGA]

So basically this: https://www.theonion.com/andrew-yang-leading-nyc-mayoral-race-after-flipping-off-1846242443

[AGA]

https://twitter.com/katie_honan/status/1362826177627500546

[AGA]

https://twitter.com/katie_honan/status/1362826177627500546

Is this for real? I thought this was some parody at first. Literally zero subtlety.

It is, lol.

[AGA]

This race needs more polling.

[AGA]

Why isn't Eric Adams gaining traction? Is it because McGuire is in his lane of moderate black voters in Queens and Brooklyn? Is it because he is a former cop?

Is it because he sucks?

How does he suck?

Because he's allied with the independent Democrat coalition that helped the Republicans nuke rent control laws and affordable housing in NY.

That's inherently an oxymoron. Even though Adams and the IDC suck for other reasons.

Let me guess, you're going to tell me how allowing predatory developers to triple the rents in some neighborhoods in 20 years actually made the housing affordable? Save it.

No, that didn't work either--to the extent that the power dynamics are as you suggest. But there are, in fact, other alternatives to your band-aid solution which helps *very few* people at the expense of many more--probably including you.

Cite:
https://www.economist.com/europe/2021/03/09/after-a-year-berlins-experiment-with-rent-control-is-a-failure
https://www.wsj.com/articles/wealthy-older-tenants-in-manhattan-get-biggest-boost-from-rent-regulations-11560344400
https://www.huduser.gov/portal/pdredge/pdr-edge-featd-article-061520.html
https://www.igmchicago.org/surveys/rent-control/
https://www.aeaweb.org/articles?id=10.125
7/aer.20181289
https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1465-7295.1991.tb00850.x
https://www.sciencedirect.com/science/article/abs/pii/S0094119099921630
https://www.sciencedirect.com/science/article/abs/pii/S0094119006000635?via%3Dihub
http://freakonomics.com/podcast/rent-control/

I mean the real world fact in NYC is that rent controlled apartments dropped by about 65% in ten years, which coincided with an explosion in the cost of rent and predatory development. You can argue about the correlation, but entire neighborhoods that were once working class and affordable, like Long Island City, the East Village, and Fort Greene, have been turned into absolute gentrified luxury condo nightmares, and it priced hundreds of thousands of New Yorkers out of their homes and neighborhoods.

Obviously making it illegal to raise rent lowers rent. Blairite's point is that it causes shortages and screws over people who can't find a rental.

[AGA]

Why isn't Eric Adams gaining traction? Is it because McGuire is in his lane of moderate black voters in Queens and Brooklyn? Is it because he is a former cop?

Is it because he sucks?

How does he suck?

Because he's allied with the independent Democrat coalition that helped the Republicans nuke rent control laws and affordable housing in NY.

That's inherently an oxymoron. Even though Adams and the IDC suck for other reasons.

Let me guess, you're going to tell me how allowing predatory developers to triple the rents in some neighborhoods in 20 years actually made the housing affordable? Save it.

No, that didn't work either--to the extent that the power dynamics are as you suggest. But there are, in fact, other alternatives to your band-aid solution which helps *very few* people at the expense of many more--probably including you.

Cite:
https://www.economist.com/europe/2021/03/09/after-a-year-berlins-experiment-with-rent-control-is-a-failure
https://www.wsj.com/articles/wealthy-older-tenants-in-manhattan-get-biggest-boost-from-rent-regulations-11560344400
https://www.huduser.gov/portal/pdredge/pdr-edge-featd-article-061520.html
https://www.igmchicago.org/surveys/rent-control/
https://www.aeaweb.org/articles?id=10.125
7/aer.20181289
https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1465-7295.1991.tb00850.x
https://www.sciencedirect.com/science/article/abs/pii/S0094119099921630
https://www.sciencedirect.com/science/article/abs/pii/S0094119006000635?via%3Dihub
http://freakonomics.com/podcast/rent-control/

I mean the real world fact in NYC is that rent controlled apartments dropped by about 65% in ten years, which coincided with an explosion in the cost of rent and predatory development. You can argue about the correlation, but entire neighborhoods that were once working class and affordable, like Long Island City, the East Village, and Fort Greene, have been turned into absolute gentrified luxury condo nightmares, and it priced hundreds of thousands of New Yorkers out of their homes and neighborhoods.

Obviously making it illegal to raise rent lowers rent. Blairite's point is that it causes shortages and screws over people who can't find a rental.

In other words, the market should serve gentrifiers, not long term residents who want to stay in their homes of 20 years.  Got it.

Artificially creating obstacles for people moving in is terrible for the local economy.

[AGA]

In an interview, the candidates was asked what the median price of a home in Brooklyn was, and some of the answers were completely disqualifying: https://www.newsweek.com/nyc-mayor-candidates-shaun-donovan-ray-mcguire-think-average-brooklyn-home-costs-100k-1590464

Correct answer: $900k

Wiley: $1.8 million
Stringer: $1 million
Yang: $900k
Garcia: $800k
Adams: $550k
Morales: $500k
Donovan: $100k
McGuire: $90k

[AGA]

I’m pretty comfortable with the $10 I put on Yang winning the mayor race. Ultimately the man has the name recognition and a strong game for those #2 and #3 spots.

I don’t want it to be so, but Yang is going to win, but barely so.

Eh, I'd consider it a tossup between Yang and Adams with a small chance for Garcia.

[AGA]

Eric Adams is really, really bad

Why?

[AGA]

Is Wiley finished?

[AGA]

Not my first choice, but not upset. Hopefully he cracks down on crime.