Grimm Nov 5
Not a real estate guy but, as I understand rudimentary market economics, if the number of racist xenophobe cunts who vowed to leave New York if #Zohran won, in fact, leave New York, the drop in demand will see rates going down even before the rent freeze. So win-win, right, capitalism fetish goons?
Show threadGrimm Nov 5
To be very clear, rental rates won't go down, cuz landlords suck and developers are space-optimization vermin and they work with corrupt assholes to make sure "the market" doesn't actually work for normal people. Which, yes, is the thing Smith got wrong.
Show threadAzuaronNov 5
@GrimmReality It's been a while since I got into Smith, but wasn't his whole thing that he hated rents? A free market wasn't "free from regulation", it was "free from rents", because rentiers provided zero economic value.
Show threadGrimm 
@Azuaron I don't fucken know, he was a starry-eyed naif about a TON of basic dynamics INTRINSIC to the dogshit economy he lived in. I mean, even if he WAS anti-rent, he would've "come to understand the need for rent" if he lived long enough to be paid to say that.
Nov 5 at 3:37amWeb