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Tag: rentstabilization

US Politics

The New York Rent Crisis: A Battle Between Band-Aids and Real Solutions

New York City's median asking rent has surged over 7% to about $4,000 per month, making housing affordability a central issue in the mayoral race. It's heartbreaking to see hardworking New Yorkers, including single parents and low-income families, being priced out of their own city while politicians debate band-aid solutions instead of addressing the fundamental shortage of housing supply.