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Boortz Report: How Rent Control Could Open the Door to Government Housing
Published 3 weeks, 2 days ago
Description
Boortz argues that New York’s rent control laws could pave the way for greater government ownership of housing under Mayor Zohran Mamdani. He explains how limits on rent increases can leave landlords unable to afford repairs and upgrades, causing properties to fall into disrepair and become uninhabitable. Boortz contends that this could allow the city to acquire or seize those properties, renovate them, and convert them into government-controlled housing, with middle-income property owners bearing the brunt of the impact.
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