"America was built on free enterprise, competition, and the belief that hard work creates opportunity. Socialism has never been our system - and when tried elsewhere, it has led to shortages, poverty, and collapse. Now, New York City faces the terrifying possibility of being led by Zohran Mamdani, a self-proclaimed socialist who wants to turn America's largest city into a test lab for failed ideology."
"Mamdani's rent freeze proposal is classic socialist economics: punish landlords, cap prices, and pretend tenants are protected. The truth is the opposite. Freezing rents may feel good in the short term, but it destroys housing markets over time. Landlords cannot cover rising costs - from property taxes to heating oil to building repairs. If you take away their ability to adjust rents, they stop investing. They let buildings decay. They abandon maintenance. Eventually, entire neighborhoods rot."
New York faces a mayoral candidate advocating socialist policies including rent freezes, free subways, government grocery stores, and a $30 minimum wage. Those policies promise immediate relief but risk long-term economic damage. Rent freezes would reduce landlord investment, drive building neglect, and replicate 1970s decay seen in parts of the Bronx and Brooklyn. Unfunded subsidies and expanded entitlements would strain already high taxes and fragile infrastructure. Affordable housing requires increased supply and economic growth rather than price controls. Implementing these measures would likely cause housing shortages, deteriorating building stock, fiscal stress, and broader economic harm to residents and taxpayers.
Read at stupidDOPE | Est. 2008
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