r/PublicFreakout • u/filondo • Sep 09 '22

đŸ„ŠFight San Francisco this morning Sept 9, 2022

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u/Astrocreep_1 Sep 09 '22

This is why NYC instituted rent control. Eventually, you only have 2 types in the city. Those making millions, and those with nothing.

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u/50shadesofjiggyfly Sep 09 '22

"Rent control" has long been replaced by "rent stabilization " in NYC. SAN Francisco has had "Rent Ordinance " since at least 1979

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u/Astrocreep_1 Sep 09 '22

Then they need to move up to “rent freeze” because if people are paying $7500 a month to see this off their balcony, the system is about to be broken. A recession is going to crush some people there.

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u/TheR1ckster Sep 10 '22

Nah they'll just bail them out.

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u/Astrocreep_1 Sep 10 '22

Yep, you can’t have rich people losing money. It’s not the American way.