Submitted by CactusBoyScout t3_11rkxhs in nyc
P0stNutClarity t1_jc9ca5t wrote
Reply to comment by nycdataviz in Not Even This City Councilman Can Find an Apartment in New York City by CactusBoyScout
lol i have a bridge to sell you if you think a person making 60k is qualifying for welfare.
nycdataviz t1_jc9cr46 wrote
That’s the cruel joke. People can barely survive on that salary but welfare eligibility tiers don’t give a fuck.
DrinkYoDamnJuice t1_jc9fcft wrote
It’s the same model as affordable housing
DelTeaz t1_jc9k6lb wrote
Is rent stabilized housing not welfare?
MillennialNightmare t1_jca2gyb wrote
It literally isn’t.
theageofnow t1_jcijs56 wrote
No. There is no funding mechanism. Is it a “market distortion”? By limiting rent increases, surely, yes, but it’s not subsidized by the state or the city or federal government or anyone else. Also rent stabilized does not necessarily mean that the maximum legal rent is less than the market rate rent. There are many RS apartments whose rent is close to market rate (on average, they’re well below).
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