ColonelAngus
Diamond Member
- Feb 25, 2015
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Shares of firms tied to NYC real estate tank over fears of Mamdani’s rent freeze: ‘Zohran effect’
Real-estate investment firms and Big Apple offices were quick to feel the burn from Zohran Mamdani’s rent-freeze platform, which analysts have warned could spur an outmigration of high earners and …
Well, that did not take long.
Anyone with a brain could see it this would happen.
The butterfly effect is going to be crazy off this.
Rent freezes leads to slums.