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Podcast: The Real Estate Espresso Podcast
Episode: When Is Regulation Confiscation?
Description: Today we're looking at New York City, and specifically at the combined impact of two policies associated with Mayor Mamdani's housing agenda, a rent freeze on rent-stabilized apartments and a proposed 9.5% increase in property taxes.Now separately, each of these policies is a political choice. Together, they become something more serious. They become a stress test of whether private ownership still means private ownership, or whether ownership has been reduced to a set of obligations without the corresponding rights.This is not just an economic question. It is also a constitutional one.-------------<...