The Rent Regulation Laws Of 2015

1357 WordsDec 15, 20156 Pages
When you were running for mayor you said that you will stand for the 99%, being true to your word you are trying to pass regulations to help that 99%. Especially passing the Rent Regulation Laws of 2015, which will save hundreds of tenants, but it will only solve the issue for the next four years. Other solutions that you are taking is inclusionary zoning where Developers get tax breaks for having at least 20% of their apartments to be affordable rent. On the other hand the price of affording rent is far fetch from what is affordable for the working class. As rent increases to a record high in parts of Brooklyn and Queen. We are now facing with the older tenants being price out. The average household income in New York City, where the rent is changing faster than wages, renters don 't make enough for the new affordable rent which is about 2000 a month in these inclusionary zones. Moreover, these solutions just solve the question of the limited stabilized rent and not the issue of stopping the removal of the population that was already around nor the gap between the rich and the poor. You said you are a mayor for the working class and their families and sought to protect our most vulnerable people from mistreatment. But the gap of wealth is getting larger and gentrification isn’t helping the people of New York City, it destroying us. Taking Greenpoint for instance, it becoming a more desirable place for hipster and people who are starting a new family while catching the
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