Over 100 participants rallied in the Bronx to urge the Rent Guidelines Board (RGB) to implement a rent freeze for the city's 2.4 million rent-stabilized tenants before their public hearing on June 12. Various local advocacy groups were present, highlighting concerns over proposed rent increases of 1.75% to 4.75% for one-year leases and higher for two-year leases. Supporters argued that landlords' profits have been rising, while opponents, mainly property owners, warned that a freeze could lead to severe housing distress and instability.
Rosalind Louis wears buttons saying, Rent hike? No thanks, and Freeze the rent on her hat.
As they marched, the group chanted, Fight, fight, fight! Housing is a human right! and People, not profit!
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