Mamdani’s rent freeze, tax hikes a ‘one-two wealth destruction punch,’ economists warn
NEWYou can now listen to Fox News articles! New Yorkers could be facing a “one-two wealth destruction punch” if Mayor Zohran Mamdani’s rent freeze and tax hikes take effect, economists warn. Mamdani’s housing plan, a campaign promise aimed at addressing affordability, includes an immediate freeze on roughly 2 million rent-stabilized apartments. Separately, his broader $127 billion … Read more