tag:blogger.com,1999:blog-5862444008740250372.post4470687031459585478..comments2024-02-01T04:37:41.878-05:00Comments on Cap'n Transit Rides Again: Did you bring enough housing for everybody?Cap'n Transithttp://www.blogger.com/profile/17057887736728828646noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5862444008740250372.post-74861412134256799522014-09-28T12:05:18.972-04:002014-09-28T12:05:18.972-04:00This is really good stuff, Cap'n. There is a l...This is really good stuff, Cap'n. There is a lot of entitlement among certain groups of multi-generational New Yorkers. Only they count when it comes to making decisions about the city and protecting housing. I've lived in New York for 11 years and Park Slope for 8, but I don't count because I'll always be a "transplant" in their eyes. When our first child is born early next year, they won't count, either. If your grandparents immigrated here, you count. But new immigrants, sorry. (So much for NYC being built on immigrants.) You're dead on. It's pretty damn offensive.Anonymoushttps://www.blogger.com/profile/04337729876550314547noreply@blogger.comtag:blogger.com,1999:blog-5862444008740250372.post-23974976236701700382014-09-15T01:15:15.519-04:002014-09-15T01:15:15.519-04:00Thanks, guys! The vacancy numbers are particularl...Thanks, guys! The vacancy numbers are particularly important, because they show the unmet demand.Cap'n Transithttps://www.blogger.com/profile/17057887736728828646noreply@blogger.comtag:blogger.com,1999:blog-5862444008740250372.post-15649563130584967672014-09-14T12:15:56.767-04:002014-09-14T12:15:56.767-04:00Some other factors that didn't get taken into ...Some other factors that didn't get taken into account: it may be that the amount of housing stock has increased, along with rents, but what about increases in population? If the number of units increased by, say, 10%, and the city's population went up by 20%, supply and demand still work and rents will go up (yes, I was making those numbers round).<br /><br />One more issue that fans of rent regulation ignore is the change in density in housing. Today, there are more small households, one or two people living in space that might have housed four or five before. Even with a stable population and a stable number of units, demand will increase to suit these households. What's difficult for these advocates to rationalize away is that many of the smaller households are retained by subsidized/regulated householders. Think of the family in a NYCHA project that has three bedrooms, which is fine until the children move out and Mom is left on her own. Good luck trying to get her to move into a smaller place without a fight over her "rights". Likewise the rent-stabilized widow who has held on to her two bedroom partment on the UWS. Meanwhile, hard working college grads are piling three or four into a two bedroom apartment because nothing else is available, even on Wall Street salaries.Christopherhttps://www.blogger.com/profile/01164148994146950128noreply@blogger.comtag:blogger.com,1999:blog-5862444008740250372.post-13661300057975049962014-09-12T23:15:58.707-04:002014-09-12T23:15:58.707-04:00As per this and this, total housing unit growth fr...As per <a href="http://www.nycrgb.org/html/research/hvs96/96findings.html" rel="nofollow">this</a> and <a href="http://www.nyc.gov/html/hpd/downloads/pdf/HPD-2011-HVS-Selected-Findings-Tables.pdf" rel="nofollow">this</a>, total housing unit growth from 1993 to 2011 was 0.64% a year. This is not totally comparable because the datasets are calibrated to different censuses, but it should give you some idea of what's going on.Alonhttps://www.blogger.com/profile/17267294744186811858noreply@blogger.com