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Democratic 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 viewWelcome to the final post in the series discussing the consequences of rent control. Thank you to the subscribers who have patiently awaited each new post. I hope everyone found it enlightening. If you haven’t read the entire series, you can catch up with these links: Rent Control Part One: Microeconomics Lesson and [...] June 1st, 2008 | Tags: affordability, affordable housing, California, Chicago, Decontrol, development, Economics, evict, exclusionary zoning, FAR, Free-market, government, homeowners, housing, housing market, industrial, landlord, LIHTC, politics, property rights, property taxes, proposition 98, redistribution of wealth, rent control, rent regulation, rent stabilization, solutions, taxes, tenant, Vacancy, vacancy decontrol, vouchers, zoning | Category: rent control, zoning | One comment |
printable viewPart One of this series was a refresher on the Microeconomics of Rent Control and touched on how it encourages hoarding Part Two discussed rent controls influence on the black market for apartments, rental property deterioration and housing discrimination. Here in Part Three, we will discuss how rent control hampers mobility, regional growth, [...] May 28th, 2008 | Tags: affordable housing, class conflict, development, discrimination, Economics, employment, Free-market, gentrification, housing, landlord, mobility, nyc, peter cooper village, regional growth, rent, rent control, rent stabilization, rent-regulated, segregation, stuyvesant town, taxes, tenant, Walter Block | Category: rent control | Leave a comment |
printable viewWith New York’s new Governor’s rent subsidized by his landlord and California debating the best ways to end rent control through Proposition 98, I thought it was a good opportunity to discuss the negative aspects of rent control. This post is the second in a four part series on the rent control read [...] May 23rd, 2008 | Tags: black market, bronx, bronx is burning, California, discrimination, Economics, Free-market, housing, Ilya Somin, microeconomics, nyc, proposition 98, rent, rent control, rent stabilization, rent-regulated, segregation | Category: rent control | 7 comments |
printable viewThis post has been released as the first in a four part series: Rent Control Part One: Microeconomics Lesson and Hoarding Rent Control Part Two: Black Market, Deterioration, and Discrimination Rent Control Part Three: Mobility, Regional Growth, Development, and Class Conflict Rent Control Part Four: Conclusion and Solutions With New York’s new Governor [...] May 21st, 2008 | Tags: Assar Lindbeck, bombing, California, Economics, Free-market, housing, landlord, microeconomics, nyc, Professor Richard McKenzie, proposition 98, rent, rent control, rent stabilization, rent-regulated, Richard McKenzie, San Francisco, tenant, video | Category: rent control | 14 comments |
printable viewNY Sun: Paterson Pays A Stabilized Rate of Rent The governor of New York pays about $1,250 a month for a two-bedroom, rent-stabilized apartment in central Harlem, even while owning a home upstate in Guilderland and having unfettered access to the 40-room Governor’s Mansion in Albany. Governor Paterson and his wife, Michelle, made [...] May 16th, 2008 | Tags: apartments, Governor Paterson, Harlem, hoarding, housing, new york, nyc, rent control, rent stabilization, rent-regulated | Category: corruption, rent control | 16 comments |
printable viewCurbed: Rent-Stabilzation War: Tenants Strike Back New York Times: Questions of Rent Tactics by Private Equity Rent-regulated apartments account for 57 percent of the total in the Bronx, 42 percent of the apartments in Brooklyn, 59 percent in Manhattan, 43 percent in Queens and 15 percent of those on Staten Island, the Guidelines [...] May 9th, 2008 | Tags: apartments, gentrification, housing, new york times, nyc, rent control, rent stabilization, rent-regulated | Category: rent control | 4 comments |
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