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Theoretically, it should happen.I’m hoping the invisible hand of the market means that with all the rich folks selling up to leave for……. Alabama? Means that the prices will drop and the New Yorkers can snap up the properties more easily.
Every landlord is required to pay property tax, regardless of whether the property is occupied or vacant. The city mayor does not have the legal authority to impose additional taxes solely because a landlord chooses to keep an apartment unoccupied.Nobody is being forced to do anything; they can continue doing EXACTLY what they've been doing and city rents in nyc would not improve?
Nobody is being forced to do anything except pay a tax if their apartment is vacant.
But they can be forced to pay that tax.
That sounded like something Kid Rock might say but it's good to investigate. What about this one with 50cent?Did Kid Rock cancel NYC tour? “I dont sing for commies” claim debunked as post goes viral
A viral claim that Kid Rock canceled his New York City tour, saying “I don’t sing for commies,” has been debunked; the quote originated from a satirical article and no evidence supports the rumor.www.primetimer.com
psst... Westchester County is NOT part of NYC,
Allegedly. Your point being?but where people are moving to - right?
It's being called the Mandami effect.Allegedly. Your point being?
ok. That still doesn’t clarify your point.It's being called the Mandami effect.
They're estate agents. Of course I believe everything they say. That they're trying to raise interest in their area by saying that rich New Yorkers can't wait to move there is just fake news ('See, Hon? I told you we should check out that suburb and buy before the prices go up!').Realotr.com isn't known for its political discourse. So perhaps there is actually an uptick in wealthy New Yorkers moving to the suburbs despite your incredulity.
What about doing your own research if you're interested about the veracity of this image?That sounded like something Kid Rock might say but it's good to investigate. What about this one with 50cent?
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This is how the governement forces you to do things. Yes its force. Whats the difference between telling a landlord they have to fix up and rent their apartment or get taxed on it, or telling them they have to do it or face a criminal fine? Not much.Nobody is being forced to do anything; they can continue doing EXACTLY what they've been doing and city rents in nyc would not improve?
Nobody is being forced to do anything except pay a tax if their apartment is vacant.
But they can be forced to pay that tax.
It should have that authority.Every landlord is required to pay property tax, regardless of whether the property is occupied or vacant. The city mayor does not have the legal authority to impose additional taxes solely because a landlord chooses to keep an apartment unoccupied.
That’s the role of government in a fair society. Bad landlord need to be forced to be good landlords. Who can argue with that?Whats the difference between telling a landlord they have to fix up and rent their apartment or get taxed on it, or telling them they have to do it or face a criminal fine? Not much.
As someone who lives in a country right next to one that used to be communist and near several that suffered under it, Americans crying about communism in the states is always hilarious in its detachment from reality.Let me know when that happens.
While others who used to live under a communist regime say that America is headed in that direction.As someone who lives in a country right next to one that used to be communist and near several that suffered under it, Americans crying about communism in the states is always hilarious in its detachment from reality.
How does not renting an apartment in THEIR OWN building make them a bad landlord? A bad landlord would be one that doesn't fix their tenants stuff. The landlord is already paying taxes on that property. Double taxing?Bad landlord need to be forced to be good landlords. Who can argue with that?
No America is not communist. But if you can't see what is going on after living next to a communist country you didn't learn much.As someone who lives in a country right next to one that used to be communist and near several that suffered under it, Americans crying about communism in the states is always hilarious in its detachment from reality.
Because people need to live in domiciles. If Landlords buy domiciles but keep them un- occupied they are reducing the ability of people to access that domicile.How does not renting an apartment in THEIR OWN building make them a bad landlord?
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