2 days ago
Is Mamdani's rent freeze promise good for New Yorkers?
Is Mamdani's rent freeze promise good for New Yorkers?
Team TOI Plus
Jul 2, 2025, 20:01 IST
Rents in Indian cities went up 27% over the past year despite the demand for rental apartments declining. Does rent control still seem so bad?
'Rent control seems in many cases to be the most efficient technique so far known,' the Swedish free market champion Assar Lindbeck wrote in 1977, 'for destroying cities, as the housing situation in New York City demonstrates.'
'Next to bombing,' he'd prefaced his pronouncement.
