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Sadly, you can't legislate away the fact that there are always people who have less money. Last I checked, the possibility of getting a rent-controlled apartment in NYC was about the same as it is in stockholm (where you could argue that almost all apartments are rent-controlled).

Even with market rents (which will come sooner or later), you won't find an apartment to rent because no one would build them (more profitable to build to sell, plus there is barely any place to build left in the central city).

The law was recently changed so you can charge the true cost (including interest rates) when subletting, meaning that there is now a market for subletting apartments that uses market pricing more or less.



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