Submitted by CactusBoyScout t3_11rkxhs in nyc
nycdataviz t1_jc9byjb wrote
Reply to comment by P0stNutClarity in Not Even This City Councilman Can Find an Apartment in New York City by CactusBoyScout
Yeah well when inflation is literally cannabalizing people’s retirement plans and food staples are up 200% you need to minimize costs wherever possible. 150k is the new 60k.
Get on welfare or move to Bali.
P0stNutClarity t1_jc9ca5t wrote
lol i have a bridge to sell you if you think a person making 60k is qualifying for welfare.
nycdataviz t1_jc9cr46 wrote
That’s the cruel joke. People can barely survive on that salary but welfare eligibility tiers don’t give a fuck.
DrinkYoDamnJuice t1_jc9fcft wrote
It’s the same model as affordable housing
DelTeaz t1_jc9k6lb wrote
Is rent stabilized housing not welfare?
MillennialNightmare t1_jca2gyb wrote
It literally isn’t.
theageofnow t1_jcijs56 wrote
No. There is no funding mechanism. Is it a “market distortion”? By limiting rent increases, surely, yes, but it’s not subsidized by the state or the city or federal government or anyone else. Also rent stabilized does not necessarily mean that the maximum legal rent is less than the market rate rent. There are many RS apartments whose rent is close to market rate (on average, they’re well below).
SMK_12 t1_jcagb93 wrote
Tbh food costs should come back down, (even though I doubt they will) I work in wholesale produce and food costs aren’t much higher than they were a few years ago. Eggs are still high but there are always market conditions that cause huge price increases that generally subside when conditions return to normal. Problem is restaurants and chains like chipotle etc raised prices and no matter how much food costs decrease back to normal they won’t change prices back, plus wage inflation plays a big role. Cost of eating out has gotten nuts even at fast food type places but grocery store prices shouldn’t be as inflated.
betterthanguybelow t1_jcaiiv7 wrote
Wage inflation hasn’t really happened dawg
SMK_12 t1_jcajmrt wrote
Dependent on the industry, some sectors it has others not so much
betterthanguybelow t1_jcdguvz wrote
Sorry. You’re right. CEO pay has skyrocketed.
PuzzleheadedWalrus71 t1_jc9yase wrote
I got this joke.
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