Can Landlords Survive Mamdani's Rent Freeze?

Rent control is often mischaracterized as landlords versus tenants in a sort of Marxian proletariat versus bourgeoisie. On the surface, this characterization makes sense, as landlords would generally want higher rent while tenants would generally want lower rent. It gets far more complex as we pull back the layers of the onion. Rent control has been thrust into the spotlight as Zohran Mamdani, a democratic socialist, bested former governor Andrew Cuomo in the NYC Mayoral primary. A cornerstone of Mamdani's ...