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This law which requires gates to be 70% more see thru was passed when most council members weren’t old enough to drink and is one of hundreds of unfunded housing mandates that go into effect years after the council members who passed them have left office. These local laws... show more

Jay Martin 🏠 🏢🏚️🌇

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37,112 views • 4 months ago •via X (Twitter)

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Zohran Mamdani thinks rent is too high because of Airbnb—and the New York City Council agrees. In September of 2023, they passed Local Law 18 to prohibit “renting [out] units for less than 30 days.” So did Local Law 18 make housing more affordable?

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President William Ruto: When I came into office, I changed the law on housing to create the Housing Fund and the Housing Levy. I changed the law because the Housing Act that was passed in Kenya was passed at the same time as the Housing Act in Singapore. The difference is that Singapore made progress on their program on housing, we did not. Because of the Housing Fund, we have 160,000 people working in the housing program

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Congress just passed one of the most important housing bills in decades that will lower costs for Granite Staters and expand housing supply across the country. Now, all that’s left is for the President to sign it—which he’s refused to do for nearly a week.

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58,995 views • 1 month ago

Starting today, San Francisco is going from having the longest permitting process to one of the shortest. This is a huge deal. I was proud to join Senator Senator Scott Wiener and pro-housing supporters to celebrate SB 423 going into effect, which will streamline the housing approval process in San Francisco, cutting through red tape and accelerating the construction of both affordable and market-rate housing. Under this new state law, we are going from getting housing approved in years to just months. This is about families, about workers, and about the next generation growing up here being a part of this city’s future. This is a significant step in our ongoing commitment to addressing the housing shortage and building a more inclusive city.

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INSANE 🚨 - 32% of public housing in New York City is occupied by people born outside of the United States - 44% of rent-stabilized apartments in New York City are also going to people born outside of the US - 88% of public housing in New York City is occupied by Blacks and Hispanics “88%… I mean, I can't even believe they provided these numbers. Like, and they have to be baking them, right? These have to be modest numbers for New York. This is just straight-up suicidal. And of course, everyone on the left wants you to think that white people don't pay their fair share.” - Imagine the drop in rent prices if 32% of public housing was reclaimed from foreigners through deportations - Imagine the drop in rent prices if 44% of rent stabilized apartments went to Americans instead of foreigners

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Billionaire hedge fund manager Bill Ackman says “Socialism is a disaster” He explains the real reason housing is so expensive in New York City is because Democrat mayors for years have made building new housing near impossible “Why is the cost of housing so high in New York City? Because unfortunately, left-wing mayors have made it very difficult for developers to build in New York City. Zohran Mamdani, when he's freezes rents, he's just going to make the problem worse. There are buildings in New York City, many, many buildings in New York City, where half the tenants, plus or minus, are rent-stabilized apartments, and so their rent is frozen, and the other half are free market. And so what does the landlord do in order to generate enough cash flow to cover his interest expense? Well, he's gonna raise rents 'cause he can't raise them on half the apartments” “We can fix a lot of these problems with much better policy. Look at Florida. Florida's an incredibly well-managed state. They're talking about eliminating, I think they voted recently to eliminate real estate taxes. How are they able to do that? Just good policy” “You want the Ken Griffins of the world to locate Citadel here. You want him to spend $250 million dollars in apartment. Why? Because that $250 million dollar purchase made that building economically viable — You want to have the Elon Musks of the world, but you don't wanna discourage Elon Musk from locating his business here” This is what Democrats don’t understand, regulations and insane taxes are killing initiatives to build new housing developments I ran a comparison and found when you take into account all the taxes, permits and fees. It would cost 4x more to build an apartment complex in NYC vs a place like Orlando Florida

Wall Street Apes

45,928 views • 21 days ago

Until recently, it was illegal for more than 5 people to live together in San Francisco, if they weren't related by blood. You read that right! And while this byzantine law wasn't often enforced, San Franciscans like Josh and Lisa who wanted to set up co-ops and shared housing establishments were choosing not to for fear of non-compliance. That's why we passed the Shared Housing Reform Act earlier this year. So San Franciscans can choose to live with whom they want, where they want, and not fear being afoul of the law. Josh and Lisa have been able able to start work on a shared housing project in the Mission now that the Shared Housing Reform Act has passed. And we're excited to see the residents move in in the years ahead!

Until recently, it was illegal for more than 5 people to live together in San Francisco, if they weren't related by blood. You read that right! And while this byzantine law wasn't often enforced, San Franciscans like Josh and Lisa who wanted to set up co-ops and shared housing establishments were choosing not to for fear of non-compliance. That's why we passed the Shared Housing Reform Act earlier this year. So San Franciscans can choose to live with whom they want, where they want, and not fear being afoul of the law. Josh and Lisa have been able able to start work on a shared housing project in the Mission now that the Shared Housing Reform Act has passed. And we're excited to see the residents move in in the years ahead!

Bilal Mahmood 馬百樂

11,273 views • 4 months ago