Mamdani’s $22 billion housing lunacy proposal will socialize the skyline

The average one-bedroom apartment in Manhattan costs over $5,000 each month. It isn’t because of landlord greed — it's a policy failure. On May 20, socialist Mayor Zohran Mamdani proposed a solution to New York’s housing crisis: "Block by Block: The Housing Plan for a New Era." The plan promises to build 200,000 "affordable" rent-controlled homes and preserve 200,000 existing units over the next decade, backed by a $22 billion five-year investment of taxpayer dollars. The mayor’s plan is as equa