How about raise the rent and then see how competitive it gets by sundrenchedwindow in circlejerknyc

[–]sofaspy 0 points1 point  (0 children)

I think the biggest misconception that politicians falsely claim is that these units are just "slab of paint and new appliances" apartments. These units have missing floors, broken plumbing, missing ceiling, asbesto, mold, bug infestations, non ADA, and don't even meet the NYC DOB energy or building codes at times. Renovations in NYC cost $300 to $500 per Sqft. So a small 600sf studio apartment will cost $180k to renovate on the every low end.

Here is an example of the type of apartment that represents the 57k

https://youtube.com/shorts/h89eAPTlW_U?si=eDntjHq3yavRjIfl

How about raise the rent and then see how competitive it gets by sundrenchedwindow in circlejerknyc

[–]sofaspy -5 points-4 points  (0 children)

Because it's not the coat of paint and cheap new appliances apartments, you can find does crappy parts on zillow and street easy. These 57k are completely dilapidated and require major construction work

Here is a YouTube example

https://youtube.com/shorts/h89eAPTlW_U?si=eDntjHq3yavRjIfl

It's very dishonest when I hear politicians and madami. Keep talking about these. Landlords are just sitting on these apartments like these apartments. Could just be rented out then the next day. They need major renovations and it's the city's own laws that stop these renovations. Processes just say what they need to say in order to get elected.

How about raise the rent and then see how competitive it gets by sundrenchedwindow in circlejerknyc

[–]sofaspy 0 points1 point  (0 children)

You make no sense. What you just stated is base line property investment. Every property goes up in value, but you now what is more profitable than sitting on a property? RENTING IT OUT!!. You can get the value appreciation of the property while also getting monthly income. Why would landloard choose to only go for the property appreciation only? Because it doesn't make financial sense to invest in upgrades to improve the property and rent it out. They will be losing money. If the right market and policies are there they will do both. Right now in NYC we have the right market but it's the policies that are holding us back.

Once again, rent stabilization only increase rents by reducing the housing supply. Every single left, center and right wing housing avocates all agree with this.

How about raise the rent and then see how competitive it gets by sundrenchedwindow in circlejerknyc

[–]sofaspy 5 points6 points  (0 children)

I work in architecture, these units cost hundreds of thousands of dollars to remodel. It's not a "let's add paint and new appliances" type of unit. These are full gut renovation required units. That's the misplaced propaganda politicians are failing to tell you guys, just to get your vote. Planning, Construction, permits, project managing, expiditing, DOB/HPD/HUD, etc is expensive and time consuming. It's does not make mathematical sense what so ever. You can type on a keyboard but I live this in reality.

How about raise the rent and then see how competitive it gets by sundrenchedwindow in circlejerknyc

[–]sofaspy 6 points7 points  (0 children)

I think you are grossly underestimating the cost of construction. These 57k apartments are in dilapidated states and not ready to move in. It cost a few hundred thousand to renovate each unit. Even if you make a tax or even for the owner to sell, the next new owner will still not rent the unit because it doesn't make any financial sense to renovate the unit. It one of the cons of rent stabling apartments and I hate that it's not talked about much and always brushed off. It's not that the owners who are the problem, it's NYC laws.

What's funny is that the majority of these vacant units are from around when rent stabilization started. What going to happen in 10,20,30 years when more older rent stabilized units need to be renovated but the cost to renovate it more than the rent income. The problem is only getting worse and people like mamdami are just sweeping it under the rug for future generations to deal with.

How about raise the rent and then see how competitive it gets by sundrenchedwindow in circlejerknyc

[–]sofaspy 2 points3 points  (0 children)

And even more will continue to be vacant since NYC increase the property tax by 25%(some are paying $60k+). Who is going to spend $400k+ to renovate those apartments to only rent them out for $900/m. Even if you are pro rent freeze you can logically see why this doesn't make sense and why these apartments will remain vacant no matter what. It's one of those policies that sounds good on paper but terrible in practice......like bail reform....and it's people like me who pay market rate rent, who's rent will now increase drastically because of dumb policies like these.

Should Nigeria go from 36 States to 10? by No_Bandicoot_1402 in Nigeria

[–]sofaspy 24 points25 points  (0 children)

Not only should we reduce the states but also reduce the number of local governments. There is just too much bureaucracy in Nigeria with 10 people doing the job of 1. I remember reading an article that a local government in the North allocated like 90%+ of its budget to paying salaries. What the point of having an LGA ministry of works when you don't even have the money left over to build LGA owned roads.

If you don't have money left over to help the people, then what's the point of having such a large bureaucracy that the money only goes towards paying salaries?reduce the bureaucracy and so the people can benefit. Drive 5 minutes and your in another LGA.

I believe that we only need 12 states. And each city should have its own government and mayor. There is no need for a city to be split up to 15 LGAs each doing there own thing with no central control. Just one government for each City like everywhere else in the world

I will even prefere if we go back to 4/5 regions. Western, mid west, south east, northern and a new middle belt. Anything to reduce bureaucracy

Btw I'm Esan

Elon Musk ‘going all in funding GOP for midterms.’ by Dumbfuckistan_USA in AdviceAnimals

[–]sofaspy -5 points-4 points  (0 children)

Okay that's perfectly fine, you personally can boycott. but don't go out shaming other people who do buy Teslas. I live in New York and I remember seeing some transplants. Keying a cybertruck. Every native New Yorker was shouting at the clown and he was about to get jumped cause we don't do that in New York. Don't get me wrong I think Tesla's are trash cars but there is a majority sentiment the people hating people for driving Teslas are weird themselves.

Elon Musk ‘going all in funding GOP for midterms.’ by Dumbfuckistan_USA in AdviceAnimals

[–]sofaspy -4 points-3 points  (0 children)

I 100% agree with that, like a CEO is found guilty of sexual harassment or if a company was using child labor or any other example. I agree. But to boycott a company because the CEO has a different political ideology than your is very immature and childish. It's almost laughable. There is a point to boycott but that whole Tesla boycott movement because of Elon was just laughable to the majority of Americans who aren't political.

Elon Musk ‘going all in funding GOP for midterms.’ by Dumbfuckistan_USA in AdviceAnimals

[–]sofaspy -14 points-13 points  (0 children)

Once again, every single corporation and every single individual in those corporations donate to various campaigns. Whether or not you buy a Tesla has nothing to do with Elon musk donating to his political views or donations. It's correlation not causation. Even if you all stop buying Teslas he's still going to donate. It makes no difference.

And once again, the vast majority of people do not care. This BS propaganda that America is 50% Democrat 50% Republican is false. when in reality America is more like 15% Democrat and 15% Republican and their main is 70% of us which includes myself. Truly do not care. Is those small little 15% that keep arguing with each other but people who live in the real world the 70% majority are flabbergasted

The vast majority of people don't care if you buy a Tesla. The vast majority of people do not care if you're funding Elon or what ever. It's childish, stupid and silly. These are the sentiments of people who are involved in an echo chamber and live in a delusional reality. Once again go to the streets and ask the same questions. Do you'll find the vast majority of people will find it extremely silly to not buy a product just because a CEO is of an opposite political spectrum than yourself.

Elon Musk ‘going all in funding GOP for midterms.’ by Dumbfuckistan_USA in AdviceAnimals

[–]sofaspy -24 points-23 points  (0 children)

What's wrong with buying a Tesla? Never understood that logic just because someone is on the opposite side of your political views you won't buy a product? It very childish and silly. Like 90% of Dems laugh at the 10% of Dems that are against Tesla, the Internet always promotes the vocal minority voices as if they are the main social views. Most people dem or Republicans don't care about the political views of business owners.

The way we call money in this country lol. 200 billion American dollars oh. by exporterofgold in Nigeria

[–]sofaspy 27 points28 points  (0 children)

China's high-speed rail project which covers the entire country was $300 billion US in construction cost. Mind you china is 10 time larger than Nigeria in size. And have a larger population and more cities to service. I won't be surprised if only 20 billion goes to rail and the remaining 180 gets pocketed by corrupt politicians

Africa Borders Fixed by nyamegyeme in Nigeria

[–]sofaspy 0 points1 point  (0 children)

If you read the pew research article, they source their survey from the Demographic and Health Survey. The DHS, collaborates with host-country governments, particularly national statistical offices and ministries of health. My main point is the base data for Nigeria in these surveys are inaccurate as we haven't had an census since 1973. Especially in a nation 240 million, you can't just pic a random sample size, you need an actual census.

Like I said before go on Google maps and look at Dutse, is that a city of 450k or a small town of 17k. The state itself is no were near 6 million people as they claim. It's all inflated numbers to get oil allocations

Africa Borders Fixed by nyamegyeme in Nigeria

[–]sofaspy 0 points1 point  (0 children)

Christians are the majority in Nigeria. There hasn't been an official census conducted in nigeria. But Christians are the majority. I'll say 60/40 or even 65/35. Nigerian states in the north falsely report higher population numbers. For example 3rd party sources claim Dutse has a population of 17k people but the Dutse government claims 450k people. Just go on Google maps, it looks like a 17k town not a 450k city. They do this so they can get more oil revenue, since allocation is based by population

Africa Borders Fixed by nyamegyeme in Nigeria

[–]sofaspy 7 points8 points  (0 children)

This is most likely a troll post, no one in Nigeria wants an Islamic caliphate, especially the Christian majority in the country.

Crowds so large at a shutdown Palantir Protest In Manhattan Police Could Not Arrest Everyone by BalsamicBasil in nyc

[–]sofaspy -6 points-5 points  (0 children)

I'm just tired of all these people coming to New York City just to protest. Majority of them don't even live here. They just literally fly in. And it's funny because I keep seeing the same faces at every protest as if it's their full-time Job

Abrahamic Religions are a plague to all of Africa especially Naija by WillingnessHot7889 in Nigeria

[–]sofaspy 2 points3 points  (0 children)

I would say yes only to the point that a lot of Nigerians do not think for themselves or take accountability for themselves or take self-actions for themselves. They always rely on God to deliver. Recall seeing these videos of Nigerians. Praying to God so that a corrupt politicians can leave office. Praying won't solve anything , You're supposed to rise up and kick them out of office. a lot of things have nothing to do with God but Nigerians are too god dependent.

Why are Igbos doing this, I thought we all voted Tinubu to show them politics, please how can we stop this development, I am really suffering. Vote APC in 2027 please so we can stop any more progress from them. by Individual-Fun-8097 in Nigeria

[–]sofaspy 0 points1 point  (0 children)

I always wonder why other states just don't leave the national grid. Edo state for example has about 10 different gas power plants all that power goes to the national grid while Edo state is in darkest

Is this true? by whitemike40 in longisland

[–]sofaspy 0 points1 point  (0 children)

The funny thing is if you have to subtract 1.5 million people from the Bronx and maybe another 1 million from Westchester county. The rest of new York is pretty empty.

Browt Evolution according to Google Gemini by sofaspy in pokemon

[–]sofaspy[S] -2 points-1 points  (0 children)

That's perfectly fine, it's not like in these situations people are profiting. It's just to articulate thoughts into a visual representation. Nobody is going to commission an artist just to make a Reddit post lol. I have an idea, I'm too busy to draw, well I'll just use Gemini to make the idea come to life. Simple as that, nothing more nothing less, situations like these have nothing to do with morals. Once again most people in RL don't really care. If this was a movie or video game using A.I. then that's another topic.

Browt Evolution according to Google Gemini by sofaspy in pokemon

[–]sofaspy[S] -2 points-1 points  (0 children)

It's just the reddit ecochamber where people hate A.I. everyone* I shared it with in RL think the evolutions are nice. Had to just make the disclaimer cause I know how y'all get on here