NBC Interview abruptly ends after New Yorker blames private equity and landlords for the city's issues

https://slrpnk.net/post/34571312

NBC Interview abruptly ends after New Yorker blames private equity and landlords for the city's issues - SLRPNK

Lemmy

He gets every award out there. This is amazing.

Private equity:

  • Rental buildings are bought by these companies and filled (or not) for Air BNB, luxury housing, etc. This leaves no affordable housing.
  • They price fix the shit out of these locations through rental software.
  • Prices rarely go down, and if they do, itโ€™s not much.
  • They push for a building frenzy so they can park their money and rent out the bottom floor. Doesnโ€™t matter if some homes are empty if the price doesnโ€™t go down and youโ€™re price fixing.
  • Wonโ€™t let you work from home because it fucks with all of the above.
  • Only beholden to the people who are in the club, they can do what they want with no repercussions.