Why Bailouts Suck…the NYC Real Estate Edition…

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Dave

Dave is a part-time blogger that writes about whatever suits him at the time.

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5 Responses

  1. Avatar North
    Ignored
    says:

    Certainly there shouldn’t be any such bailouts to the speculators. 100% agree there. But it probably bears mention that the idiocy that is rent control/stabalization is long past due for ditching as well.Report

  2. Avatar Dave
    Ignored
    says:

    North,

    I would tend to agree, although I did deliberately avoid going down this road, despite my own problems with rent control laws in general. Rather than put on my libertarian hat, I kept my real estate professional hat on and wrote from that perspective.

    We do agree.Report

    • Avatar North in reply to Dave
      Ignored
      says:

      Ah Okay I follow, sorry for bringing it up then. I work in mortgage and New York is a giant mound of suck due to the idiocies of that particular brand of regulation. So when I saw my hated enemy mentioned I had to strike! Strike!!!Report

  3. Avatar Jaybird
    Ignored
    says:

    I would see the trade of a bailout to get rid of Rent Control in NYC as a trade worth making, if I didn’t very much hate the idea of bailouts oh so very much.Report

  4. Avatar Zachary Smith
    Ignored
    says:

    Like Jaybird said, we have to see the trade of a bailout to get rid of Rent Control, I also don’t like the idea of bailouts oh so very much.Report

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