New York City’s socialist mayor, Zohran Mamdani, promised not just to freeze rents for 1 million rent-stabilized apartments in the city, but also to build another 200,000 affordable units and preserve another 200,000. Those goals just got harder because the two biggest buyers of mortgage loans, Fannie Mae and Freddie Mac, have responded to the […]
New York City’s socialist mayor, Zohran Mamdani, promised not just to freeze rents for 1 million rent-stabilized apartments in the city, but also to build another 200,000 affordable units and preserve another 200,000. Those goals just got harder because the two biggest buyers of mortgage loans, Fannie Mae and Freddie Mac, have responded to the […]
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