{"id":3452,"date":"2022-11-01T02:33:45","date_gmt":"2022-11-01T02:33:45","guid":{"rendered":"https:\/\/itp.nyu.edu\/lowres\/critex-monika\/?p=3452"},"modified":"2022-11-01T02:33:45","modified_gmt":"2022-11-01T02:33:45","slug":"iae-response-apartment-hunting-in-nyc","status":"publish","type":"post","link":"https:\/\/itp.nyu.edu\/lowres\/critex-monika\/2022\/11\/01\/iae-response-apartment-hunting-in-nyc\/","title":{"rendered":"IAE Response &#8211; Apartment hunting in NYC"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-3453\" src=\"https:\/\/itp.nyu.edu\/lowres\/critex-monika\/wp-content\/uploads\/sites\/19\/2022\/11\/Untitled_Artwork-226x300.png\" alt=\"\" width=\"530\" height=\"704\" srcset=\"https:\/\/itp.nyu.edu\/lowres\/critex-monika\/wp-content\/uploads\/sites\/19\/2022\/11\/Untitled_Artwork-226x300.png 226w, https:\/\/itp.nyu.edu\/lowres\/critex-monika\/wp-content\/uploads\/sites\/19\/2022\/11\/Untitled_Artwork.png 424w\" sizes=\"(max-width: 530px) 100vw, 530px\" \/><\/p>\n<p>This is a picture of people standing in line to view an apartment in New York City. Finding an apartment in New York City is notorious for being expensive and competitive with a lot of spoken and unspoken rules. I think the I-D-E framework would be a good way to analyze the process.<\/p>\n<p>Idea:<\/p>\n<ul>\n<li>People should be able to rent a place to live<\/li>\n<li>Landlords should be able to find tenants to rent to<\/li>\n<\/ul>\n<p>Arrangements:<\/p>\n<ul>\n<li>Landlords have open houses for people to view their apartments<\/li>\n<li>Landlords set the rent prices of their apartments based on the market<\/li>\n<li>People apply to rent apartments<\/li>\n<li>To apply, Renters need to prove their income to be 40x the listed rent, have a good credit score, prove they have savings in a bank account, pay for a security deposit upfront, and pay an application fee<\/li>\n<\/ul>\n<p>Effects:<\/p>\n<ul>\n<li>Limited housing options make renting an apartment competitive<\/li>\n<li>People secretly offer over the listed rent price or more money to brokers to get a leg up on competition<\/li>\n<li>Real estate brokers are able to add extremely expensive fees because people are desperate<\/li>\n<li>People need to spend over their budget to afford rent because the lack of inventory drives prices up<\/li>\n<li>Landlords are not maintaining their apartments and buildings because they know people are desperate<\/li>\n<li>People are giving away very personal information when they submit their applications (their income, bank statements, credit history, etc.)<\/li>\n<li>People are frequently scammed<\/li>\n<li>Real estate brokers are very rude and demanding<\/li>\n<\/ul>\n<p>An arrangement I would change is to add more rent stabilization laws so that people can have more affordable housing. I would also require landlords to always pay the brokers fees so that people aren\u2019t scammed as often.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is a picture of people standing in line to view an apartment in New York City. Finding an apartment in New York City is notorious for being expensive and competitive with a lot of spoken and unspoken rules. I think the I-D-E framework would be a good way to analyze the process. Idea: People&hellip;&nbsp;<a href=\"https:\/\/itp.nyu.edu\/lowres\/critex-monika\/2022\/11\/01\/iae-response-apartment-hunting-in-nyc\/\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">IAE Response &#8211; Apartment hunting in NYC<\/span><\/a><\/p>\n","protected":false},"author":135,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"off","neve_meta_content_width":70,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[7],"tags":[],"_links":{"self":[{"href":"https:\/\/itp.nyu.edu\/lowres\/critex-monika\/wp-json\/wp\/v2\/posts\/3452"}],"collection":[{"href":"https:\/\/itp.nyu.edu\/lowres\/critex-monika\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itp.nyu.edu\/lowres\/critex-monika\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itp.nyu.edu\/lowres\/critex-monika\/wp-json\/wp\/v2\/users\/135"}],"replies":[{"embeddable":true,"href":"https:\/\/itp.nyu.edu\/lowres\/critex-monika\/wp-json\/wp\/v2\/comments?post=3452"}],"version-history":[{"count":1,"href":"https:\/\/itp.nyu.edu\/lowres\/critex-monika\/wp-json\/wp\/v2\/posts\/3452\/revisions"}],"predecessor-version":[{"id":3454,"href":"https:\/\/itp.nyu.edu\/lowres\/critex-monika\/wp-json\/wp\/v2\/posts\/3452\/revisions\/3454"}],"wp:attachment":[{"href":"https:\/\/itp.nyu.edu\/lowres\/critex-monika\/wp-json\/wp\/v2\/media?parent=3452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itp.nyu.edu\/lowres\/critex-monika\/wp-json\/wp\/v2\/categories?post=3452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itp.nyu.edu\/lowres\/critex-monika\/wp-json\/wp\/v2\/tags?post=3452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}