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Mamdani’s ‘Affordability’ Grift

JL;DR SUMMARY The article by Armin Rosen critically examines New York City's political and economic climate following Zohran Mamdani's election as mayor, highlighting the contentious issue of rent control in an affordability-focused campaign. A way out west there was a fella, fella I want to tell you about, fella by the name of Jeff Lebowski. At least, that was the handle his lovin' parents gave him, but he never had much use for it himself. This Lebowski, he called himself the Dude. Now, Dude, that's a name no one would self-apply where I come from. But then, there was a lot about the Dude that didn't make a whole lot of sense to me. And a lot about where he lived, likewise. But then again, maybe that's why I found the place s'durned innarestin'.

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Tags

New York CityReal EstateHousing MarketZohran MamdaniPopulismEconomic DisparityAffordabilityLandlordsRent Control

Places mentioned

New York City, New York, United States
"One possible takeaway from Zohrans leap from backbencher state assemblyman to mayor of New York City is that voters tend to reward the one person in an election who makes a good enough show of honestly caring about their real-life concerns, regardless of the substance of the policies on offer."
Michigan, United States
"The University of Michigans Index of Consumer Sentiment is at its lowest level since the inflation summer of 2022."
St. Louis, Missouri, United States
"according to the Federal Reserve Bank of St. Louis."
Prospect Heights, New York, United States
"You could find your magical 600 square feet on a postcard block in Prospect Heights and still go to bed each night wondering when in the early morning that clanging heating system installed in the 1910s is going to wake you up."
Venezuela
"people who bring home different dates each night of the week, and a Venezuelan political activist."
Buenos Aires, Argentina
"President Javier Mileis elimination of sweeping rent-control laws resulted in a near-instant 180% increase in the number of Buenos Aires rentals listed on the countrys leading online real-estate portal, as well as in a fall in inflation-adjusted rents and a decrease in renters stuck in short-term workarounds."

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Cairo Item ID 68213
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Retrieved 2025-11-23 05:30:46 UTC
Curated 2025-11-23 08:30:57 UTC