@evan @QasimRashid so true! It's the residents that make the neighborhoods desirable, not the non-resident owners.
@evan @QasimRashid I also liked the comments on the post when I saw it on Insta. "They can't threaten to leave the city because they already don't live here" Also as a Vermonter, it was stupid fun to see Bernie come on state to "Back in Black" These people are ENJOYING THEIR LIVES and that's a big deal in addition to everything else.
For the first time in New York State history: a tax on pied-à-terres.
NYC Mayor Mamdani just negotiated a landmark agreement, any second home in NYC valued at $5M+ will now be taxed at a higher rate. This means money back to the people, not billionaires who treat the city like a luxury storage unit.
100 days in. That is all it took. And here’s how we must keep building.
@QasimRashid I also like that in his video he points out that these people are making money by speculating on properties where *we* are generating the value. Property values go up in neighborhoods where there are lively arts scenes, social life, restaurants and bars and cafes, community activity. Our money time and effort from living in those communities is what makes the price of an empty penthouse go up.
I have a degree in Computer Science from back in the "early" (90’s) days and I've never heard of this amazing women, Steve Shirley.
Give her story a listen: https://overcast.fm/+AA5K6YX9u-0.
She was a forerunner in the creation of the commercial software development business, and working from home….in the 50s!!!
And so much else, what an amazing woman.
Thanks for all you did for the rest of us Steve!
If you'd prefer to read: https://en.wikipedia.org/wiki/Steve_Shirley
@QasimRashid what I love about this is that this level that most of us associate with spectacular wealth -- a SECOND home worth $5M or more! -- is enough to generate more than half a billion dollars for the city. Amazing.
@adhdeanasl 🙏🏼
@n8 well, *I* know almost nothing. But it's a really interesting theory!
@evan I think the thing with "cultural issues" is that in the era of #CultureWars, the "ideas" and "dialogue" that the internet was once supposed to facilitate now have very real material consequences (disease, death, violence, disruption, state capture).
How much can we hope to connect and weave together bright community futures if we passively welcome the basest, greediest operators in through the same gates?
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