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Last night, the Rent Guidelines Board met to discuss rent hikes for rent-stabilized apartments. As expected, people protesting the hikes were also present. NY1 reports, "For one-year leases, the board is now looking at a hike of two percent to 4.5 percent. For two-year leases, the range is four percent to 7.5 percent." Last year, the board agreed on hikes of 4.5% for one-year leases and 8.5% for two-year leases. Landlords and building owners say that while those hikes seem big, they barely offset costs for heating oil and water. Still, City Council Speaker Christine Quinn says she would ask the board to freeze rents; one tenant organizer said, "This would be an appropriate year to do that. This is the worst recession we’ve seen since the Great Depression of the 1930s."
Rent Guidelines Board Re-Starts Ritual Of Rent Hike Meetings
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It's hypocritical for any NYC politician to play to the crowd by saying rents should be frozen while the city raises prices for taxes and services.
I'm not sure what you mean by this either
1) It's hypocritical because the city has had to raise taxes and the costs of services so obviously landlords need to raise rents and approving one while discouraging the other isn't fair to landlords.
or
2) It's hypocritical because a politician can't be for raising taxes and for saving people money elsewhere at the same time.
If you mean 1, then more power to you, if you mean 2, then I think you've got a working definition of hypocritical that is pretty far from reality.
How about these instead:
3) Inflation has affected everyone and whether or not these tenants can afford an increase in their cost of living, it's still marginal when compared to the actual market forces out there, so I'm not about to pity anyone in this situation.
If you're paying below market rate rent, then you shouldn't be allowed to use the argument that a bad economy should be reason enough to keep your rent exactly as it is. For example, the only residents of Stuy Town getting their rents decreased are those who are getting ripped off at market rates, which does not include those on rent stabilization.
Of course Christine Quinn is going to say that crap, she's a politician.