Mamdani's government control will hike cost of housing in New York City | Peter St. Onge and E.J. Antoni

New York City Mayor Zohran Mamdani intends to seize the means of production, beginning with landlords. He has pledged to crack down on those he identifies as bad landlords, stating that the city will work to transfer ownership to responsible stewards. According to Peter St. Onge and E.J. Antoni, this move toward government control is expected to increase the overall cost of housing within New York City as the administration seeks to redistribute property ownership.