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movingtobay2019 t1_jbgsxvi wrote

Reply to comment by natekrinsky in With an absentee corporate landlord, Upper Manhattan tenants unite to demand repairs by natekrinsky

You have it backwards. The fact this has 4 upvotes as of this writing shows how fucked our education is.

Properties making money don't get abandoned. It got abandoned because writing it off is a win compared to operating it.

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natekrinsky OP t1_jbh0kgu wrote

What I'm saying is a housing system driven by the pursuit of profit would rather abandon apartments than maintain them. If we had a more humane economic system that prioritized the human need for housing above profit those properties would not be left in disrepair.

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movingtobay2019 t1_jbh28nv wrote

You can't maintain apartments with feelings. Eventually, budgetary reality kicks in.

Or really run anything in the city, as NYC is finding out with the migrant situation.

So who in this case pays the funds to maintain the apartment? The owners have abandoned it. So I am fine if it gets sold to the current tenants for free. You think the tenants have the money to maintain it? Because I sure as hell am not using city funds to maintain private housing.

The money has to come from somewhere. So where does it come from here?

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