Writing a book on gen z & risk-aversion w/ ballantine @randomhouse // writer @wsjopinion@wsjfreeex // "apex predator of hosting"
✉️ Tips: emma.camp@wsj.com
These NYC apartments are standing empty, not because the owners don't want to rent them, but because rent stabilization laws prohibit them from charging enough to earn back the costs of necessary repairs.
My latest for @WSJFreeEx
I mean yes we have a housing crisis because there are too many people, not enough homes. But you do NOT want to live in a city where prices go down because people no longer want to live there.
A New York without dreaded "transplants" is a New York in serious decline.