Rhetorical Device

Property Values

Property Values is a journal entry by Jack Rusher, published here Saturday, January 17, 2004. It is part of Journal.

A bit of whining about the housing market.

I live in a building that is in the midst of a transformation from an illegal immigrant cold storage facility to expensive flats. It’s currently somewhere in the middle the process. The landlords aren’t renewing the leases of long standing tenants, preferring to replace entire families of freshly arrived Chinese with singles or couples from more high-market demographics.

The landlords are not yet confortable with their new role as non-slum-lords. Consequently, I have the following complaints:

The apartment is still, all that said, nicer than I had expected to be able to afford in New York City. If you live somewhere else, stay there — we’re full.

Thank you.