New York City socialist Zohran Mamdani has pledged to target "negligent" landlords and seize their properties if elected mayor. Local real estate experts told the Washington Free Beacon the policy would mark a significant expansion of city power—and lower the quality of affordable housing for New Yorkers. Mamdani's housing policy memo vows to punish landlords who "repeatedly put New Yorkers at risk," including by forcing them to sell their property "through a public foreclosure process."

Tag-uri: Real Estate