Not the issue in New York.
JW Mason
@jwmason.bsky.social
14730 Followers
2717 Following
Associate professor of economics, John Jay College-CUNY, senior fellow at the Groundwork Collaborative. Blog and other writing: jwmason.org. Study economics with me: https://johnjayeconomics.org. Anti-war Keynesian, liberal socialist, Brooklyn dad.
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correct link: www.insidehighered.com/opinion/colu...
In Defense of Jonathan Brown
Georgetown suspended a professor for a statement milder than one made by the president of the United States on social media. It should immediately end the practice of arbitrary suspensions without due...
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oops, thanks
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This is so dystopian. Here is Georgetown University boasting that they suspended a faulty member before even "beginning the process of reviewing the case." Sentence first, verdict afterwards! www.insidehighered.com/opinion/colu...
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I am currently working on a piece making precisely this argument.
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That would be a very different situation. We are talking about mortgage interest here, not operating costs.
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This is a good thread. (Doesn’t start here but this is a quotable part)
The deeper problem - perhaps the fundamental problem in this area - is that we have organized housing so that provision of a basic service is completely intertwined with a speculative asset market. The long run goal should be to disentangle them.
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noted
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Not denying there’s a problem!
My point is that we should frame the problem as “these buildings are carrying too much debt, given what they rent for.” And not “rents in these buildings are too low, given their debts,” as the article does.
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True: @zohranmamdani lives in 1 unit of rent-stabilized housing.
Also true: Andrew Cuomo oversaw the loss of 96,064 units of rent-stabilized housing. And killed NYC’s program helping people move out of shelter.
Leaders must show moral clarity. Andrew, time to move out. 🧵 x.com/andrewcuomo/...
