July 27, 2018
Trolling for communty organizer complaints
This
request has a resemblence to the type of malicious prank that Sasha
Baron Cohen has been pulling on his tv show where he recently made a
fool of state legislator in Georgia who dropped his pants and later
resigned his political office. Actually, the request also had similarity
to some kid who told me that solar energy was cheaper than oil and
handed me a business card from his non-profit that just so happened to
have an office on Broad Street in Lower Manhattan's Financial District. I
am not joking when I say he might well have been working for the
Russians who have commercial reasons for discouraging oil drilling and
fracking in America, as such curtailing would limit the supply of world
oil and make Russian oil more expensive and Putin's Russian oil more
politically powerful as well. By the way, the kid's non-profit office I
later found out was in a building directly across the street from the
New York Stock Exchange. Yeah, the low rent office space any non-profit
could NOT afford.
A note from Tim:
Having worked in the field (though not in NYC) I can attest to the fact that such retrofittig is indeed expensive, and most landlords don't have the money. People don't realize how litte profit there is in owning properties - especially older ones that requirea lo of maintenance. Most landlords just break even on rentals,at least they do here in St. Louis and probably most other places. The value in most real estate is in the sales.
Not that you can't make money renting property, but it's tough and every dime taken to do some government mandated thing (like convert to gas heat) is a dime less the landlord has to fix stuff for tenants. There's a budget based on what the landlord can afford and he'lll lose his building if he goes too far over that budget.
It's simple economics.
Jack Kemp
A
few days ago I got a phone call from some guy at a non-profit firm in
New York, my home town. It was the latest leftist wrinkle.
The
clown started to talk about how gas boilers were more efficient that
oil burners and would I call the City Council to demand that every
landlord put in a gas boiler. I stopped the kid and rhetorically asked
him, "Do you think every landlord has money to go buy a new gas boiler?
I'm not signing." The kid was very calm while accepting my rejection. But
it seemed to me he was looking for the Greater Fool who had a lot of
time on their hands and nothing better than to assume every small
landlord in New York was infinitely rich and resembled Daddy Warbucks
from the musical "Annie" - or Donald J. Trump.
Having worked in the field (though not in NYC) I can attest to the fact that such retrofittig is indeed expensive, and most landlords don't have the money. People don't realize how litte profit there is in owning properties - especially older ones that requirea lo of maintenance. Most landlords just break even on rentals,at least they do here in St. Louis and probably most other places. The value in most real estate is in the sales.
Not that you can't make money renting property, but it's tough and every dime taken to do some government mandated thing (like convert to gas heat) is a dime less the landlord has to fix stuff for tenants. There's a budget based on what the landlord can afford and he'lll lose his building if he goes too far over that budget.
It's simple economics.
Posted by: Timothy Birdnow at
04:04 AM
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