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"So, if he's attempting to achieve affordability, what he's instead going to achieve is insolvency." Exactly what he wants to do

"So, if he's attempting to achieve affordability, what he's instead going to achieve is insolvency." Exactly what he wants to do | A former New York City Democratic assembly member, who now runs the New York Apartment Association, tells Fox News Digital that socialist mayoral candidate Zohran Mamdani’s rent freeze plan would be disastrous for the city’s housing crisis. "His proposal to freeze the rent on rent-stabilized housing, which is almost 40% of housing stock within New York City, a housing stock that is already under the stress by which the NYU Furman Center has categorized as 200,000 units functionally bankrupt. A rent freeze would be the nail in the coffin on this housing stock," NYAA CEO Kenny Burgos | made w/ Imgflip meme maker
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A former New York City Democratic assembly member, who now runs the New York Apartment Association, tells Fox News Digital that socialist mayoral candidate Zohran Mamdani’s rent freeze plan would be disastrous for the city’s housing crisis. "His proposal to freeze the rent on rent-stabilized housing, which is almost 40% of housing stock within New York City, a housing stock that is already under the stress by which the NYU Furman Center has categorized as 200,000 units functionally bankrupt. A rent freeze would be the nail in the coffin on this housing stock," NYAA CEO Kenny Burgos