More than 13K rent-stabilized units in NYC are sitting empty for multiple years, report finds
gothamist.com
A city Independent Budget Office report examines vacancy data from the state’s housing agency amid concerns of "warehousing."

cross-posted from: https://lemmy.crimedad.work/post/12162

Why? Because apparently they need some more incentive to keep units occupied. Also, even though a property might be vacant, there’s still imputed rental income there. Its owner is just receiving it in the form of enjoying the unit for himself instead of receiving an actual rent check from a tenant. That imputed rent ought to be taxed like any other income.

    • bytor9@lemmy.mlEnglish
      31·
      1 year ago

      I’m glad to find this comment here. I was about to unsubscribe because I’m here for personal finance; not tax policy debate or politics.

      Now if a policy like that did come out and the article helped to navigate or take advantage of it as an individual, then I would be interested.

      • Astroturfed@lemmy.worldEnglish
        231·
        1 year ago

        This is an opinion piece on something that might slightly effect rent. If this is personal finance related than so is literally every economic or business article ever written. Because everything can maybe effect someone’s rent or other expenses.

        • Blaze@discuss.tchncs.deOPEnglish
          211·
          1 year ago

          I’m going to be honest, I see where you come from, and how this is not textbook personal finance.

          However, Lemmy is still in its very infancy, and I try to keep this community active. It’s not always easy to find content to post (most of the PF subreddit is usually questions from users), so here it is.

          By the way, if you have any interesting content or question, feel free to post as well!

      • JshKlsn@lemmy.mlEnglish
        211·
        1 year ago

        Literally no one can afford houses these days. This only affects rich and privileged people.