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John Morris

Well, you knew i would show up on this one. I don't have a lot of time to go into everything but two things stand out.

First is just the simple statement of a sad fact. The idea of congestion pricing is highly controversial, which to me indicates that it hits a raw nerve. What it exposes is just how anti market and socialistic the current highway schemes are. The fact that even mentioning market incentives into this is controversial shows how far America has fallen.

I think that as a whole it's sort of a no brainer for most people in NY who live in the city and most of the ones i ahve talked about it with who understand the idea are in favor of it.

The other gem that pops out is this which is likely pretty true-- For some time now, the city has been designed for something more like seven million.-- My impression of the housing stock in the city is that it is right for a population of around 7.3- 7.5 million which is a huge shortfall from it's current population needs let alone the needs of the 9 million projected. What it shows also is that the recent population boom in the city caught NY unprepared.

The imediate shortfall gives one some clue as to how big an opportunity is out there for cities willing to offer attractive housing options on the east coast.

As to the bait thrown out there about the either or choice regarding industrial vs other uses. It's really just to dumb a subject to go into. Hopefully someone, is in favor of letting the market decide that. What is very interesting is how recent growth of NY has opened up and reinforced it's industrial base.


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