Tenant groups in Downtown Brooklyn demonstrated for a rent freeze in front of the Rent Guidelines Board hearing, where proposed rent hikes for stabilized apartments range from 1.75-4.75% for one year and 3.75-7.75% for two years. With 2.4 million tenants affected, many voiced concerns about the rising cost of living. While landlords cite financial pressures as justification for the increases, tenants argue that their current rent is already unaffordable, leading to severe socioeconomic consequences, including health issues related to neglectful landlords.
My parents are going to have to work more, they are going to have to find more jobs [...] We live with mold, and because of my landlord's ignorance, I was diagnosed with severe asthma.
Landlords argue that rent increases are necessary to cover rising mortgages and expenses, while tenants express that their financial burden is already excessive.
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