Lets crunch numbers --> 100 "luxury homes" in 2 ugly towers, say cheapest is 500K and most 15M ..avg 5M x 100 = 500M. Overhead is 3M+/yr ..You come up 500M+ short. There are many such examples of this corrupt math in NYC. Many rentals being built, on paper won't pay off for 20 yrs. Economy is fake. - Conspiracies

Lets crunch numbers --> 100 "luxury homes" in 2 ugly towers, say cheapest is 500K and most 15M ..avg 5M x 100 = 500M. Overhead is 3M+/yr ..You come up 500M+ short. There are many such examples of this corrupt math in NYC. Many rentals being built, on paper won't pay off for 20 yrs. Economy is fake. (media.scored.co)

posted 129 days ago by pkvi_apostate 129 days ago by pkvi_apostate +8 / -4

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– pkvi_apostate [S] 1 point 129 days ago +2 / -1

Lets say fuck the text and look at the picture and assume rentals .. 400 units between both buildings and forget the low income law in NYC

Avg insane 10K x 400 = 4M per month x 12 = 48M - 3M tax/overhead = 45M best case scenario

1B / 45M = 22.2 years to break even best case

That makes ZERO sense too

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– pkvi_apostate [S] 2 points 129 days ago +3 / -1

NYC to me proves the economy is fake and what is happening is that to create validation of printed value, they build assets, then equate the ridiculous numbers, and now the value is "real". They are making the gold mines instead of mining.