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Rent Is Too Damn High Guy Increasing Rent For Others Because His Rent Is Too Damn Low

from the how-markets-function dept

Lots of people got a kick out of the "rent is too damn high" guy, Jimmy McMillan, running for governor of New York last year. He certainly was entertaining. However, it appears that McMillan's own rent may be too damn low... meaning that he's a part of the damn reason that the rent is too damn high in New York. It turns out that McMillan's landlords are trying to evict him from his rent controlled East Village apartment for which he pays $872.96 a month. That's crazy cheap for an apartment in the East Village. What he doesn't seem to recognize is that when the laws keep the rent on certain properties artificially low compared to the market, that's a huge part of the reason why "the rent is too damn high" for everyone else. If McMillan really wanted to lower the rent, he'd work to get rid of widespread rent control, as that would help drive down the prices of rent in certain areas.

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  1. identicon
    Sir Francis Burdett, 5 Aug 2011 @ 4:39pm

    And McMillan is regrettably antisemitic

    Mr. Masnick's comments on NYC rent control are quite obviously true.

    Without doubt.

    Andd it has bothered me somewhat to see Mr. McMillan saluted as a harmless old eccentric.

    He has a shameful history of animus directed at the Jewish people.

    http://www.theatlanticwire.com/politics/2010/10/why-rent-is-too-damn-high-candidate-will-never-b e-governor/22592/

    "The New York Times reports that McMillan "was called an anti-Semite during his mayoral run in 2005 for blaming rent problems on Jewish people." Athima Chansanchai at MSNBC goes into more detail, reprinting material, supposedly from a Web site McMillan maintained in 2009, claiming that "every religious group other than Judiasm are being run out" of Williamsburg, Brooklyn. "If you are not JEWISH you are 'PROHIBITED' from living in this area," the material reads. "After the world fought hard to free the JEWISH people from the hands of HITLER. They should be shame of themselves for discriminating in housing against the people in the State of New York especially in the city of Brooklyn.""

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