There are other causes of high housing costs in NYC, including extortion of builders by unions and organized crime, and capital gains taxes on housing that are not adjusted for inflation, taxing owners for nominal gains, resulting in people staying in large apartments after the children have moved out. Who will step up to address these?
A simple solution to solving New York's problems would be to move to Florida.
A better government in Albany could do much to mitigate a reckless government in NYC.
Memo to Larry Summers: It’s “Trotskyists” not “Trotskyites.”
There are other causes of high housing costs in NYC, including extortion of builders by unions and organized crime, and capital gains taxes on housing that are not adjusted for inflation, taxing owners for nominal gains, resulting in people staying in large apartments after the children have moved out. Who will step up to address these?