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by nla 13 days ago
Freezes rents but not taxes. Landlords take inventory offline. Studios at $5500. 1 beds at $7500. Yea, he's a real genius of his own mind.
2 comments

> Studios at $5500. 1 beds at $7500.

Zillow quotes: "The average rent for all bedrooms and all property types in New York, NY is $3,710."

Where are your figures sourced from?

So a landlord would rather not have income from an expensive deprecating asset?
There are no landlords in NYC anymore, since they all fled when Mamdani was elected.
Excellent. So everyone is an owner occupier.

No housing was lost, same number of people are housed.