Lefties Want More Poison To Cure Housing Crisis They Caused

Lefties Want More Poison To Cure Housing Crisis They Caused

POLITICS: Lefties want more poison to cure NYC housing crisis they caused

You think New York has an affordability crisis now? Beware: A housing emergency you don’t hear about — driven entirely by lefty legislators — endangers the city’s stock of rent-stabilized apartments. Buildings that host over 600,000 rent-stabilized units — with both private and non-profit owners — are on the verge of mortgage default. Mass foreclosure, of the sort New York last experienced in the 1970s, would crater the market, endangering these…