Mayor Bloomberg rejoices over housing shortage?

TRD New York /
Oct.October 20, 2013 10:00 AM

Mayor Michael Bloomberg has stuck his foot in his mouth again on his way out of office. This time he called New York City’s lack of affordable housing a “good sign,” adding to the sense that the billionaire mayor is out of touch with the needs of working class people.

“Somebody said that there’s not enough housing,” he said. “That’s a good sign. It doesn’t mean it isn’t a problem, but there are no vacancies. That will bring in investment, for people to build for all income levels, different kinds of housing.”

Bloomberg made the gaffe on his weekly WOR-AM radio show, the New York Post said.

“In cities, if you want to have lots of vacancies where everybody could easily find a place, you don’t have a good economy,” he added.

Bloomberg has also raised eyebrows of late after calling Bill de Blasio, his likely successor, “racist” and after expressing his adoration for high-heeled shoes, saying that he would wear pumps if he were a lady. [NYP]Christopher Cameron


Related Articles

arrow_forward_ios
All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

205 Park Avenue (Credit: Google Maps)

Developer files plans for mixed-use project facing BQE

Donald Trump and Michael Bloomberg (Credit: Getty Images)

Bloomberg v. Trump: Real estate edition

Inwood has stayed affordable for a remarkably long time. That could soon change. (Credit: Wikipedia)

Inwood braces for gentrification

Rent reform is propelling a new wave of New York and California investors to Miami (Credit: iStock)

Rent reform in New York, California propels new wave of multifamily investors to Miami

Concept plans for 'The Halo' at 289-301 Washington Street and Meridian Capital Investment's David Schechtman - provided by Meridian Capital Investments/ Minno Wasko

Developer seeks $40M for Opportunity Zone site in downtown Newark

From left: Michael Bennett, Joe Biden, Pete Buttigieg, Kirsten Gillibrand and Kamala Harris (Credit: Getty Images)

Presidential debate 2020 Night 2: Here’s where these Democratic candidates stand on housing

Mayor Bill de Blasio and Rikers Island (Credit: Getty Images)

Real estate development not coming to Rikers Island, mayor says

arrow_forward_ios