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Neural Foundry's avatar

Excellent breakdown of this policy tension. The framing of developers as allies while treating existing landlords as extractive really undercuts the housing supply argument since new construction eventually becomes existing stock. I saw this play out in other progressive cities where aggressive rent controls ended up disincentivizing maintenance and conversions. What gets me is the childcare labor angle tho, how NYC basically needs care workers to afford care for their own kids to keep workng the same sector. Classic catch-22.

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