Tuesday, May 24, 2011 :::
 

I've been meaning to comment on Governor Andrew Cuomo, but these two paragraphs by Megan McArdle touch on all the points I wanted to hit, and she has more.

I've been pleasantly surprised by Andrew Cuomo as governor of New York; he's shown himself willing to stand up to his party's special interests, and even taken on the fearsome Local 1199 of the SEIU in an effort to reduce Medicaid spending.

But Andrew Cuomo got his political start in the affordable-housing-industrial complex (he founded a non-profit dedicated to providing transitional housing to homeless families, where I spent an eye-opening 11 months working as a secretary in the mid-1990s). Given that, I suppose it was too much to hope that he'd take New York City's rent control regulations in a more rational direction. Indeed,he wants to strengthen the rent regulations that have led to the deterioration of the city's rental housing stock, driven up rents for market-rate apartments, and helped ensure virtually the only new housing construction consists of luxury apartments.

If I were polled today, I'd still give Cuomo an "approve," and I wouldn't have expected that half a year ago.

Labels: Andrew Cuomo

::: posted by Steven at 12:06 AM

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