What % of available living space is not lived in, and further what % is owned by foreign nationals.
I know that in MANY countries, one is precluded from owning any property if not a citizen. Obviously this leads to a bunch of corruption issues with bribing and marrying nationals for access to property, but the USA has literally zero control on property ownership.
You know how much foreign money laundering is done through US property ownership?
MOST of it.
A vertical zoning law might be an option:
There are places like Singapore where you cant build a high-rise unless the subterranian aspects of the project dont include a connection to other sub services, like the walkway malls and such.
I say do a % split on a vertical level which must include subterranian levels as a course:
The building MUST include underground parking, a commerical section and a range of income level sections.
You cant just build a high-rise of $millions apartments.
Look at Millennial Tower in SF. What a disaster. I HUGE legal BS and not a single person with a net worth of south of 10 million was accommodated in that disaster - but it still cost the city (i.e. tax payers who are NOT worth >10 million -- millions of dollars.
My quick google says 4% of apartments are vacant in nyc. Got to believe the vast majority of that is structural vacancy while landlords clean units and look for new tenants. feels like a none issue to me.
Nit: 4% of "apartments" - means "apartments that are available from landlords seeking to rent to rentors and likely consitute the available inventory that is unable to churn, due to already being either overpriced, or shit-holes nobody wants to live in."
this is a different metric than:
What % of luxury "apartments" are uninhabited in extremely high cost situations where an average person isnt renting the "apartment" - but laundering money by owning such place and paying a tax placeholder fee...
And in addition CHURN
What % of apartments are experiencing churn and whilst during so, what is the rent increase on each new wave of tenants...
This would be a really intresting tower defence game.
You are the landlord/super/scumlease
You have apartments that will constantly dwindle in desireability
so you have upkeep.
You can accept the upkeep cost, or, for a lesser price, evict the current tenant and accept a new tenant at a fraction of the upkeep cost to keep revenues going into the future with % rates you like that keep you slum lord-ship going... or you kill them all, demolish and build a new building gentrify the neighborhood and blame it on rats, older policies etc...
We need a TRUMP LORD 2000 NYC SIM module.
Instead of installing new sewar, water, fire PREVENTION systems
You are needed to install new RAT, SUPER, COP-INTERFERENCE-BRIBERY schemes to keep your shit going...
Like the trump Water Heater Scandal. (this buildingz gunnaz needz a newz water heatahz...
My cousin tony iz dah only guyz who gunna do dis
Pay mah kidz what dez needz be paid, and you can stay)
I know that in MANY countries, one is precluded from owning any property if not a citizen. Obviously this leads to a bunch of corruption issues with bribing and marrying nationals for access to property, but the USA has literally zero control on property ownership.
You know how much foreign money laundering is done through US property ownership?
MOST of it.
A vertical zoning law might be an option:
There are places like Singapore where you cant build a high-rise unless the subterranian aspects of the project dont include a connection to other sub services, like the walkway malls and such.
I say do a % split on a vertical level which must include subterranian levels as a course:
The building MUST include underground parking, a commerical section and a range of income level sections.
You cant just build a high-rise of $millions apartments.
Look at Millennial Tower in SF. What a disaster. I HUGE legal BS and not a single person with a net worth of south of 10 million was accommodated in that disaster - but it still cost the city (i.e. tax payers who are NOT worth >10 million -- millions of dollars.