Zohran Mamdani Wants New York City to Try Real Socialism

If AOC’s candidate defeats Andrew Cuomo in Tuesday’s mayoral primary, we’ll know who owns today’s Democratic Party

By Thomas McKenna of The WSJ. Excerpts:

"The city already prevents landlords from raising the rent more than a token amount on these units each year."

"The city’s rent-stabilization program already makes it impossible for some landlords to cover their costs. Others find it cheaper to leave apartments empty if needed repairs aren’t worth the investment. Tens of thousands of rent-stabilized units sat vacant in 2023, according to U.S. Census data. More will be empty if landlords can’t pay their mortgages, and tighter supply pushes prices up."

"no-cost public transit tends to attract more crime, homelessness and soliciting. Officials in Portland, Ore., cited upticks in each when they ended fare-free rides downtown in 2010."