Tim smith
on 9 hours ago
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Zohran Mamdani’s rent freeze is supposed to be a “war on mom‑and‑pop landlords,” right?
Wild how nobody mentions that the biggest private owner of rent‑stabilized apartments in NYC isn’t a retired couple with a 3‑family house — it’s Blackstone. A trillion‑dollar Wall Street giant whose CEO personally hauls in around a billion a year off investments like those same buildings.
So when billionaire‑backed media and landlord groups cry that rent protections will “destroy small landlords,” what they’re really protecting is the corporate landlord class that’s already buying up those properties and turning housing into a cash machine.
The problem isn’t Zohran’s rent freeze. The problem is a system where your home is somebody else’s billion‑dollar bonus.
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