More than 13K rent-stabilized units in NYC are sitting empty for multiple years, report finds
gothamist.com
A city Independent Budget Office report examines vacancy data from the state’s housing agency amid concerns of "warehousing."

cross-posted from: https://lemmy.crimedad.work/post/12162

Why? Because apparently they need some more incentive to keep units occupied. Also, even though a property might be vacant, there's still imputed rental income there. Its owner is just receiving it in the form of enjoying the unit for himself instead of receiving an actual rent check from a tenant. That imputed rent ought to be taxed like any other income.

  • tracyspcy@lemmy.ml
    ·
    10 months ago

    Landlords do not build houses, they just rent them out. Housing, shelter call it whatever you like is human right and essential need, so it should not be a part of speculations for profits. Now you can see overpriced real estate because of investors who buy it and never live there. All this "helpers" who rent out their apartments bring more harm than benefit for society (they at least contribute to a price growth in real estate). Buildings could be constructed by government owned organizations in order to provide society with housing, no need in speculators to solve problems.

      • Flyberius [comrade/them]
        ·
        10 months ago

        Ok, so you want the government to be the landlord as you have more trust in a government monopoly than in a market.

        Yup. Basically. Although it is worth noting that the type of government we currently have, beholden to capital, is not trustworthy. Their priorities first and foremost are to serving corporate interests, which is probably why you trust them so little. Any power or public capital they are entrusted with gets pumped into private companies whose sole purpose is to make as much profit as possible for as little expenditure.

        Any government brave enough to outlaw private landlords is going to have much more socially oriented priorities and will be much more inclined to serve the public good rather than the almighty market.

      • tracyspcy@lemmy.ml
        ·
        10 months ago

        depends on problem you are going to solve, if you want to provide people with affordable housing, then challenge your beliefs in almighty market.

      • panopticon [comrade/them]
        ·
        10 months ago

        Fair.

        If we, the workers, are the ones running that government monopoly and not an oligopoly of landlords and other speculators then yes, that would be more fair. It's also a vastly more efficient way to guarantee that everyone is housed, as history shows