Bubble_Bowl_MVP

Bubble_Bowl_MVP t1_j1zvk78 wrote

A new Lamborghini is also more expensive than a new Honda. This isn't new vs old, it's luxury vs affordable.

Developers absolutely want to build luxury housing in poor neighborhoods, just look at what's happening in Williamsburg, Astoria, and Harlem. That's what gentrification is.

In order to house everyone and avoid displacement, we need a system that is not driven by profit motive. To start, that means high vacancy taxes and building government funded housing that's affordable to most New Yorkers. To go further, it means expropriation of real estate from greedy developers.

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