Why not both?
Because a property tax hike only hurts the middle class
You have fallen for propaganda, this simply isn’t true.
Please enlighten me how a property tax increase doesn’t hurt the middle and lower class disproportionately. I’d love to hear this.
Someone replied fifty minutes ago with an answer. You have no interest in learning why you’re wrong, stop pretending to give a shit.
For everyone else, in NYC the middle class disproportionately rents. It is the wealthy who own.
the middle class disproportionately rents. It is the wealthy who own.
Just like every other cost related to owning and maintaining a rental: property taxes get passed down to renters.
This tax hike disproportionately affects middle and lower class individuals.
Not if paired with a rent freeze. Obviously. But you knew that already. You’re just here to agitate for the bourgeoise.
Economists of all stripes agree rent control doesn’t work. A mere 2% think it has positive effects, according to a 2012 survey by the IGM Forum.
The analysis of rent control is among the best-understood issues in all of economics, and – among economists anyway – one of the least controversial. In 1992, a poll of the American Economic Association found 93 percent of its members agreeing that 'a ceiling on rents reduces the quality and quantity of housing.
NYC renters have suffered enough. Why would you subject them to failed policies like rent control?
“Threatens.” Oh, they mean “proposes as an alternative.”
Fuckin’ NYT.
Threatened makes him sound way coolerI
Better pass a rent freeze first or that property tax increase will just get passed on to the people who can afford it least.
Rent freezes make landlords only do the bare minimum maintenance required by the law since they can’t increase rents when doing any remodelling.
Lmao how many properties do you own?
Exactly 0
So you do the bidding of a class you don’t belong to? How fucking sad is that.
