New Yorkers Are Starting to Realize Just How Crazy Mamdani’s Housing Scheme Really Is
New Yorkers are expressing concerns about Zohran Mamdani's housing scheme, which aims to socialize the city's housing market. Critics argue that his plan relies on outdated ideas and could lead to the rise of politically connected nonprofits controlling significant real estate assets. The proposal has sparked a debate about the effectiveness and implications of socialist policies in urban housing.
- ▪Mamdani's plan proposes to build 200,000 subsidized apartments through community land trusts and nonprofits.
- ▪Critics, including the New York Post, argue that the plan is based on failed ideas and lacks practical solutions.
- ▪Council member Vickie Paladino warns that the scheme could empower politically connected nonprofits with vast real estate portfolios.
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New Yorkers Are Starting to Realize Just How Crazy Mamdani’s Housing Scheme Really Is Robert Spencer | 8:52 PM on June 02, 2026 AP Photo/Yuki Iwamura They voted for him, and so they have him, but that doesn’t mean that even New Yorkers are thrilled to see the systematic destruction of what was once the greatest city in the world. More of them voted for the young, handsome, dynamic candidate than for the sleazy retread corruptocrat Andrew Cuomo or the clownish Curtis Sliwa, but that doesn’t mean that New Yorkers are collectively ready to don Mao jackets and start singing the praises of the five-year plan. Mamdani’s audacious scheme to socialize New York City housing is already coming in for severe criticism.
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