As we navigate life without Pat 'Rebarcock.' Flood, who passed on Sept 21, 2025, we continue to remember the profound impact he had on our community. His support was a cornerstone for our forum. We encourage you to visit the memorial thread to share your memories and condolences. In honor of Pat’s love for storytelling, please contribute to his ‘Rebarcock tells a story’ thread. Your stories will help keep his spirit alive among us.
Oh wow. A judge ruled ICE can't arrest people. LoL.
We either win or we all swing.
Don't watch this if you are easily pissed. I wish I hadnt. I want to do terrible things to this asshole.
Oh wow. A judge ruled ICE can't arrest people. LoL.
The Fourth Branch: $14.1 Trillion. Zero Votes. How America Lost Its Republic to an Unelected Empire.
I love this country. I love it the way you love something you're terrified of losing with eyes wide open, hands trembling, and a heart full of both gratitude and grief. I love it the way every...
Co pilot bias?
The more I dig into this NYC rent control situation, the more alarmed I become.
This is what I'm seeing:
+ 2.4 million rent-controlled apartments in a city with a massive housing shortage and 1.4% vacancy rate.
+ A huge % of these tenants are wealthy, white boomers using the units as pieds-a-terres while they spend their weekends and summers elsewhere.
+ Meanwhile, the government is using rent control to purposely drive down the value of multifamily housing, so that it can be purchased in a fire sale by the government.
+ The small-time landlords with big rent rolls of "stabilized" units are going under. Their portfolios end up in the arms of PE and foreign money (how are Progressives okay with this?) The banks will get hit by this too.
+ Because there is such a reduction in supply (~40% of units are price-controlled), leftover supply is ~33% more expensive
+ Because NYC gov is not friendly towards landlords, there is a lack of development --> even less supply
+ Rich and homeowners overwhelmingly support these laws b/c it drives up the value of their condos & co-ops (less supply --> higher prices for condos)
+ Big PE companies like these policies b/c they can buy buildings in fire sales and wait for rent control reform (5-10 years out)
+ Meanwhile - ~2.4 million units are rotting and won't be brought up to code as tenants leave b/c the numbers don't pencil --> 50k "ghost apartments" padlocked off market now, maybe 100k soon
+ Gen Z and the working class continue to vote for these policies, hoping they will be among the lucky few to win the lottery ticket of a rent-controlled apartment
+ Meanwhile, boomers hang onto their units and pass them to their children, family members, etc. --> NYC's housing stock is rotting slowly, going offline, and becoming more expensive
Isn't this what the Constitution is for? To protect property owners and citizens from the tyranny of the majority? This is clearly a taking. It's clearly buying votes. I'm floored this is happening, and nobody is talking about it because it's "politically incorrect" to critique rent control. **
Rent control is the reason housing in NYC is so expensive, and it's the reason there is a shortage.**Boomers really pulled a fast one on this. Well done, Boomers.