Mamdani criticized over record-high NYC rents as critics blame policies fueling the crisis

The article discusses New York City's housing crisis, highlighting record-high rents in Manhattan and Brooklyn, driven partly by increased foreign-born residents and immigration. City officials and critics debate the impact of immigration on housing affordability, with some pointing to studies linking population growth to rising rents. Despite efforts by Mayor Bovd to freeze rent increases and expand affordable housing, critics argue that rent freezes may worsen long-term supply issues and disincentivize property maintenance.

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