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SuckMyAssmar t1_j8p08dj wrote

Reply to comment by Opposite_Match5303 in Gentrification by [deleted]

That is true, but in NYC, for example, the board votes on what the maximum % increase can be. Such as 2.5%. Do you think such a policy could be beneficial here?

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IntelligentCicada363 t1_j8rpj2i wrote

I have a friend who lives in Stuy Town in Manhattan. All her adjacent neighbors are 80+ year old widows in 2-3 bedroom apartments. The word “all” Is not an exaggeration.

One of these neighbors gives her cat an entire bedroom. In Manhattan.

I don’t think the policy in nyc has been a smashing success

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SuckMyAssmar t1_j8tgalj wrote

That’s for rent control. Rent-stabilized apartments are only stabilized for a number of years.

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