Comment by ecshafer

I hope this turns out well for New York, but I am doubtful. Rent control is such a colossally bad idea, a rent freeze is going to be a disaster. This is going to further increase the lottery nature of New York City real estate, and reduce investment. His plans are set to drive finance and businesses out of the city in his goal to give away money to everyone, which will bankrupt the city. Socialism has a bad track record for a reason, there has never been an issue of people trying to escape market economies for socialist ones. The city already has a crime problem, defunding police and making the job unbearable wont help that. Grocery stores already run on razor thin margins, even with the logistics expertise and brutal capitalism of the likes of walmart or aldis, how does the famoisly expensive and incompetent nyc government plan on running a grocery store for cheaper (itll be at a massive loss). This isnt even getting into hos antisemitism “the boot of the nypd on your neck was laced by the idf” should have disqualified him, that kind of antisemetic talk was only on /pol/ like 2 years ago.