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There’s a housing crisis in this city.@nycmayor responded: His Rent Guidelines Board raised rents.
— Seth Pollack (@sethmpk) July 14, 2022
What will @GovKathyHochul do, since she dropped her push for legalizing accessory housing units? Where’s the @NYCCouncil? Where are our state lawmakers? https://t.co/8OmT9JIKgC
We're witnessing history, but not in a good way https://t.co/6zW5CJhA6r pic.twitter.com/XUcHbrpfbm
— New York Magazine (@NYMag) July 15, 2022
We are in a housing crisis in New York and simply building more housing will not address this instability.
— Marcela Mitaynes 瑪切拉 米坦斯 (@marcelaforny) July 15, 2022
We need to Pass Good Cause immediately. https://t.co/TYHXzWgSds
CRAZY $5,000 RENT is JUST COVERING the Landlords MORTGAGE! Why are landlords even investing? That’s a HORRIBLE return! It’s amazing old money still settles for chump change returns rather than move to other more profitable stable markets https://t.co/Gu3szxxCnI
— Daniel Newman (@DanielNewman) July 15, 2022
How the fuck are ppl expected to live, especially on a $15 min wage. Hell even if you make double that at $30 per hour that isn’t enough to afford $5000 rent. #TheRentIsTooDamnHigh https://t.co/mMwYOXfdGo
— Black Gay Comic Geek (@bgaycomicgeek) July 15, 2022
Average Manhattan Rents Reach Historic High of $5,000#SaveNYC https://t.co/r2DREq6ChQ
— Adam Nelson (@workhousepr) July 14, 2022
🚨 Average rent in Manhattan is over $5,000 🚨
— Ryder Kessler (@ryderkessler) July 14, 2022
Party leaders, activists, voters — particularly ones who try to block new residences and legalization of more housing — what's your plan?
We know more housing lowers rents. Why aren't we all in this together?https://t.co/KArxY4KcMv
What a comforting sentence from this market analyst: “Barring a recession, I’m not so sure what relief there is for renters, at least for the next year,” he said. https://t.co/R71By9vQXe
— Ella Em (@ella_em_) July 14, 2022
We are living through history baby https://t.co/4beCYqg8hr
— Katie McDonough (@kmcdonovgh) July 14, 2022
Greetings from Manhattan, where the average monthly rent reached $5,000 for the first time ever. Ever! @kmcdonovgh writes https://t.co/yus0PK5WtK
— Curbed (@Curbed) July 14, 2022
Mom and Dad’s? $0 https://t.co/0RMB6fFRpH
— noah kulwin (@nkulw) July 14, 2022
Lease prices are surging with no end in sight, though a recession may cool things down https://t.co/iteii1Yf5B
— New York Magazine (@NYMag) July 14, 2022
#GentrificationIndustrialComplex: "The lack of inventory has been the recurring problem, which is keeping prices higher,”
— JQ LLC: The Impunity City (@ImpunityCity) July 15, 2022
No, you built a bunch of luxury towers and called it affordable housing.https://t.co/De1hHgmcy3
NYC's real estate rental market has reached a shocking point https://t.co/Q6blNHY3Nd pic.twitter.com/PsIjbSm6Pk
— New York Post (@nypost) July 15, 2022
Aspiring first-time homeowners are sailing into fierce macroeconomic headwinds as housing prices and mortgage rates rise.
— Axios (@axios) July 15, 2022
Here are three reasons why it's getting harder for renters to buy: https://t.co/svVrDj2Kqb