Mayor Bloomberg rejoices over housing shortage?

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
A rendering of 165 Broome Street (Credit: Handel Architects)
Nonprofit plans affordable housing development near Essex Crossing
Nonprofit plans affordable housing development near Essex Crossing
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
All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag
Shelter Island and Town Supervisor Gerry Siller (iStock, Town of Shelter Island)
Shelter Island prices squeezing out affordable housing
Shelter Island prices squeezing out affordable housing
An aerial of the Pascack Ridge development (Google Maps)
Large Rockland development project suffers setback in court
Large Rockland development project suffers setback in court
MacQuestion Development CEO Rella Fogliano, 32/36/38 Main Street in Yonkers (Google Maps, Getty)
Despite hurdles, developer plans 10-story affordable housing complex in Yonkers
Despite hurdles, developer plans 10-story affordable housing complex in Yonkers
Sen. Chuck Schumer, President Joe Biden, Congresswoman Nancy Pelosi and House Ways and Means Chairman Richard Neal (Getty/Illustration by Kevin Rebong for The Real Deal)
5 real estate issues to watch in Dems’ $3.5T budget
5 real estate issues to watch in Dems’ $3.5T budget
Controversial project replacing Brooklyn McDonald’s poised for approval
Controversial project replacing Brooklyn McDonald’s poised for approval
Controversial project replacing Brooklyn McDonald’s poised for approval
From the rubble: How NYC real estate lived 9/11
From the rubble: How NYC real estate lived 9/11
From the rubble: How NYC real estate lived 9/11
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...