In case you didn’t catch it last weekend, Eileen Norcross wrote an excellent piece on rent control in New York. She touches on Charlie Rangel’s four rent control apartments scandal, some history of rent control in New York, the destructive results of rent control, vast inefficiencies caused by rent control, and moves to [...]
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September 19th, 2008 | Tags: Charlie Rangel, Ed Glaeser, Eileen Norcross, housing, nyc, rent control, WSJ | Category: rent control | 6 comments |
 printable viewDemocratic Congressman Charlie Rangel has announced that he will vacate the rent controlled apartment he has been using as a campaign office. This apartment is just one of four rent controlled apartments he is hoarding in the Lenox Terrace apartment building in Harlem. NY Times – Rangel to Relinquish Apartment Used [...] July 15th, 2008 | Tags: Charlie Rangel, Harlem, housing, Lennox Terrace, nyc, rent control, rent stabilization | Category: corruption, housing, rent control | Leave a comment |
printable view[update! Rangel Now Only Hoards Three Rent Controlled Apartments] In case you missed it, powerful New York Congressman Charlie Rangel has been hoarding four apartments in Harlem’s Lenox Terrace. Coincidently (perhaps not so coincidently) Lennox Terrace is the same building where New York’s Governor Patterson, Patterson’s father, former Manhattan Borough President, Percy E. [...] July 14th, 2008 | Tags: Charlie Rangel, Governor Paterson, Harlem, housing, Lennox Terrace, nyc, rent control, rent stabilization | Category: corruption, housing, rent control | 9 comments |
printable viewThe Economakis family has been threatened my some members of the community who planned a protest tonight against their family using their own property as a home. See this truly despicable flyer calling friends of rent control to arms. [image from curbed] Here’s Mr. Economakis’ response: Response to the July 11, [...] July 11th, 2008 | Tags: economakis, nyc, property rights, protest, rent control | Category: rent control | Leave a comment |
printable viewCurbed NY – Christine Quinn, Hands Off Our Freakshow! Fact: The biggest joke in New York is the Rent Guidelines Board. Every year this nine-member panel gathers to hold a series of circus-like public hearings on rent increases (or, heh, decreases) for stabilized apartments. Every year, tenant groups demand a rent freeze, and [...] June 12th, 2008 | Tags: Christine Quinn, nyc, rent control | Category: rent control | Leave a comment |
printable viewAfter battling in court since 2003, this family is finally able to turn their 60 room apartment building into one gigantic home for themselves. Of course, the beneficiaries of the rent-controlled apartments don’t believe the owner’s family should have the right to live in their own building. New York Post – VILLAGE TENANTS [...] June 5th, 2008 | Tags: apartments, class conflict, class tensions, court, ekonomakis, eviction, landlord, mansion, nyc, property, rent control, TENANTS | Category: rent control | 8 comments |
printable viewIlya Somin at Volokh – Causes of the Defeat of Proposition 98 There were two major causes of Prop 98′s defeat. One was the sponsors’ mistake in combining the popular cause of restricting eminent domain with a far less popular phaseout of rent control. The second and more unusual cause of 98′s defeat [...] June 5th, 2008 | Tags: California, Ilya Somin, property rights, proposition 98, proposition 99, rent control | Category: rent control | Leave a comment |
printable viewIlya Somin at Volokh: Why California’s Proposition 99 is a Lot Worse than Nothing Yesterday’s California returns show that Proposition 98 – the referendum initiative that would have imposed real restrictions on eminent domain and also phased out rent control – has been overwhelmingly defeated by a 61% to 39% margin. The rival [...] June 4th, 2008 | Tags: California, eminent domain, Ilya Somin, property rights, proposition 98, proposition 99, rent control | Category: rent control | 3 comments |
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