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.

  • QuietCupcake [any, they/them]@hexbear.netEnglish
    10·
    1 year ago

    Weird, maybe, but the argument wasn’t an ideological one from what I can tell, it was one about the wording not making sense that I honestly didn’t understand either. I admit to being stupid about economic things, but I didn’t know that “nominal income” meant something different than just income. shrug-outta-hecks

    Like, you’re going off with “You’re typical of the “HEXBEAR IS RUINING THE LEMMYVERSE” chud” when glancing at their history, it doesn’t look like they’re a chud at all and were actually defending Hexbear when lemmy.world did the preemptive defederation shit.