That seems like a reductive defence of a platform that is pitching rent control and socialized housing without addressing underlying demand. Which is basically the recipe the entire western world has used for half a century and has resulted in the worst housing price inflation in history.
The hard truth is that New York isn't even remotely dense enough for the demand. The entirety of lower Manhattan from Canal St. to midtown is "low" density. As is everything above 59th. And this is codified. So no wonder NYC housing prices are out of control. NYC should look like Sao Paulo based on demand.
The hard truth is that New York isn't even remotely dense enough for the demand. The entirety of lower Manhattan from Canal St. to midtown is "low" density. As is everything above 59th. And this is codified. So no wonder NYC housing prices are out of control. NYC should look like Sao Paulo based on demand.