Buying Airspace?
Posted: Fri Feb 08, 2019 4:45 pm
https://www.theguardian.com/cities/2019 ... super-rich
A new trend in NYC is for uber rich people to buy up literal airspace to build ugly pencil like towers for apartments they will never live in. Its a investment nothing more. There is a housing shortage in the city and officials have the nerve to wonder why? Fix the loophole in the law that allows this and build only affordable housing.
Housing should not be a privilege only the rich can afford. They should fix the law and stop construction of these luxury towers and tear these eyesores down.
Let these rich people build mansions instead how about a novel idea of them not having investments at the expense of everyone to flaunt their wealth?
Your thoughts NSG?
A new trend in NYC is for uber rich people to buy up literal airspace to build ugly pencil like towers for apartments they will never live in. Its a investment nothing more. There is a housing shortage in the city and officials have the nerve to wonder why? Fix the loophole in the law that allows this and build only affordable housing.
Housing should not be a privilege only the rich can afford. They should fix the law and stop construction of these luxury towers and tear these eyesores down.
Let these rich people build mansions instead how about a novel idea of them not having investments at the expense of everyone to flaunt their wealth?
Your thoughts NSG?