From the Daily News:
The city’s lack of affordable housing actually is a “good sign” of a vibrant economy, Mayor Bloomberg said Friday in remarks that touched off fresh criticism that he is out of touch.
In his weekly radio appearance on WOR-AM, Bloomberg said housing is scarce because “as fast as we build, more people want to live here.”
He added that market forces — developers building housing to meet the demand — would help to address that need.
“Somebody said that there’s not enough housing. That’s a good sign,” Bloomberg said.
If the development boom happened without any help from the government I'd say it was market forces at play. But when you have billions of dollars in tax revenue being foregone so that a few friends of the mayor can make more money, then that's not market forces - that's just plain ol' tweeding. Of course, no one in the press will point that out.