Skip to content

Comment on New York's Rent Regulation Fightparent

Comments

Did it result in anything particularly bad, or at least measurably bad?

I imagine that depends on the timescale you're looking at. A similar thing has happened in London over the past 30 years - the upshot is that schools and hospitals are now finding it practically impossible to recruit teachers and nurses in the city because they can't afford to live within a commutable distance. That's quite bad.

are now finding it practically impossible to recruit teachers and nurses in the city because they can't afford to live within a commutable distance. That's quite bad.

Then they will pay more, all the extra money will go to rent, and things will stabilize again.

Do Hospitals located in expensive places receive extra reimbursement from the government?

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.