Shares of firms tied to NYC real estate tank over fears of Mamdani’s rent freeze: ‘Zohran effect

ColonelAngus

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Hey, DONALD J TRUMP owns lots of Real Estate in NYC…you lefties must be psyched that the NYC real estate market is tanking.
 
This is the result of excess government spending that makes life unaffordable. Big cities also have a massive influx of illegals too right?
 
Supposedly wealthy Dem donors are now rallying behind Mayor Adams.

Not sure that will be sufficient...
 
If California and New York collapse it will take the rest of the country along
 

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.
There has been no rent freeze since Trump and the Pandemic. Mamdanis holds no public office in NY
 
15th post

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.
/----/ He will turn the once great metropolitan city into a slum. Nice work, democRATS.
1751017176906.webp
 

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.
Is he also freezing landlord's expenses? How about freezing the rent's businesses pay? We already know the answer to those. Bottom line, landlords will be getting out of the renting business, making less rentals available, which would normally raise rents but, since there will be a freeze on rents, even more landlords will get out of the renting business. Doom spiral, here we come.
 

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