Comment by phmqk76

Dumb, dumb, dumb. Building more =/= Cancel Zoning. And guess what? When WWII ended and people flooded into NYC, rents began to rise rapidly. You know what NYC did in 1947? Rent control. That year, there were 2 million rent controlled units, and the middle class took off like a rocket ship. You want to reduce rents? Rent control. Building expensive “luxury” apartments everywhere isn’t going to do jack shit about pricing. Set maximum rents, and provide low interest HUD loans to ensure the production of new units because the private market can’t or won’t build anything affordable if it can make bigger profits by charging more. This isn’t complicated.