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If the buildings are as unsustainable as you say, and the owners won't carry them as a loss, the owners will either try to unload them or go bankrupt. Either way, the building would go back on the market somewhere neat its actual value. Once the fixed costs drop, the rents will drop with it...

The city is still alive and kicking, but there are signs of a slowdown. There are a lot more vacancies in both commercial and residential. And the job market is very slow and declining which isn't going to help. There are a few sub 2K one bedrooms in doorman luxury buildings downtown, but not...

I do know what happened in NYC over the last few years. I've been living in it. I've watched at the price of apartments increased and I moved in with a roommate because of it. You can't blame this on greedy landlords. How can you explain why all of the sudden landlords turned greedy? Why didn't...

New York pizza is delicious. One of my favorite things about living in the city is having so many different pizza places to try, both new and old. It's so good that you can go to any other city and they'll have a pizza place called "New York Pizza" or something equivalent. It's not nearly as...

Smaller family businesses can only be priced out of the market in favor of big retailers and luxury chic stores if thats what people prefer. If people didn't want the luxury stores, they wouldn't have been able to make a profit (even in a good economy) and wouldn't have sprung up all over the...

I agree with you Anaconda. Buildings that have rent-control are usually "old ass buildings that are falling apart". The old buildings with rent-control will continue to fall apart as long as rent-control continues. If the landlord isn't making money, he can't afford to fix the building's...

I understand your point and I appreciate the advice. I think for now I'll stick with what I have until I get better at producing the content. Then, if I can do that, maybe I'll make the move. Thanks for the advice!

The diversity of New York City would survive without rent control. There are still plenty of place where there is cheap rent in the city (not due to rent control). Alphabet city and Inwood are two examples. But that's beside the point. The government has no duty or right to maintain the...

I'm not naive enough to assume that these sites are popping up to serve the community. They're popping up to make money. But they also help fill a void in the market. I don't want to (nor could I) go out and recruit my own advertisers . AdSense or others do it for me and that's why they get...

I somewhat agree. A lot of the people who own the buildings now bought at a lower price because the building was rent-controlled. If rent control was suddenly ended, these owners would hit the jackpot. Since the rent control is wrong in the first place. I'd rather see these owners get...

Couldn't I use Google Adsense through blogger?

I'm very, very new. What are the advantages to using wordpress instead of blogger?

You're right, there's nothing wrong with working a menial job to pay the bills. But when you can't afford to live in NYC because the rents are too high, then you shouldn't be living in NYC. It's wrong to be subsidized by everybody else because you refuse to commute to your job. Rent control...

I just started a blog on mostly news and economics. http://robparis.blogspot.com/

The housing market it in the city relies on the job market. Until jobs come back to the city the housing market can't recover. A lot of the blame for the housing crisis in the city can be placed square on the government. This article explains about rent control in the city and how it's...