housing affordability
Manhattan Apartment Rents Reach Record High Despite Mamdani's Housing Affordability Platform
Dec 11, 2025 03:39 pm CST
Manhattan apartment rents hit unprecedented highs in November 2025, with median prices reaching $4,750, a 13% year-over-year increase. Despite Zohran Mamdani's recent mayoral victory on a housing affordability platform, experts report no "Mamdani effect" but instead cite limited supply and strong demand, particularly in the luxury segment where prices surged 18% annually.
From Adversaries to Allies: Trump and Mamdani Find Common Ground on New York City Affordability Crisis
Nov 22, 2025 05:14 pm CST
President Donald Trump and New York City Mayor-elect Zohran Mamdani set aside their contentious political differences during a surprisingly cordial White House meeting. Despite their history of harsh criticisms toward each other, the leaders found common ground on addressing housing affordability and cost-of-living concerns for New Yorkers, demonstrating an unexpected willingness to collaborate across deep ideological divides for their shared hometown.
Zohran Mamdani's Fight Against New York's Affordability Crisis Fuels His Mayoral Campaign
Oct 27, 2025 01:49 pm CST
Democratic socialist candidate Zohran Mamdani has surged to the front of New York City's mayoral race by focusing on the affordability crisis. With median rents exceeding $4,000 and grocery prices soaring by 8.9% in the past year, Mamdani's platform includes freezing rents for two million residents and creating city-owned grocery stores. As New Yorkers head to polls on November 4, his message "for a city we can afford" resonates with the 25% of residents struggling to meet basic needs.
Elon Musk Endorses Zohran Mamdani as "Future of Democratic Party" Ahead of NYC Mayoral Election
Oct 27, 2025 12:59 pm CST
Billionaire Elon Musk has declared NYC mayoral candidate Zohran Mamdani the "future of the Democratic Party" following Governor Kathy Hochul's endorsement. The 33-year-old assemblyman, running on a platform of housing affordability and increased taxes on high earners, has gained support from progressive figures like Alexandria Ocasio-Cortez and Bernie Sanders as he faces Republican Curtis Sliwa and Independent Andrew Cuomo in the upcoming election.
Intense NYC Mayoral Showdown: Mamdani Leads Polls as Cuomo and Sliwa Clash Over Experience, Affordability and Safety
Oct 17, 2025 04:05 pm CST
In a high-stakes debate at Rockefeller Center, NYC mayoral candidates Zohran Mamdani, Andrew Cuomo, and Curtis Sliwa confronted critical issues facing the city. Democratic frontrunner Mamdani (46% in polls) defended his stance on Palestine-Israel relations and lack of political experience, while Independent Cuomo (33%) questioned his opponent's qualifications and addressed past controversies. All candidates presented differing visions for addressing New York's affordability crisis, public safety concerns, and educational reforms as early voting approaches.
Trump's 45% Lumber and Furniture Tariffs: Impact on US Housing Market and International Trade Relations
Oct 14, 2025 01:46 pm CST
President Trump's new tariffs on imported wood, furniture, and kitchen cabinets have taken effect, raising duties on Canadian lumber to 45% and introducing tariffs of 25-50% on furniture and cabinets. Industry experts warn these measures will increase home construction costs by approximately $2,200 per unit, further challenging an already struggling housing market while significantly impacting trade relationships with Canada, Vietnam, and other major exporters.
Exploding Housing Costs Linked To Steep Drop In US Birth Rates: Report
Sep 23, 2025 12:33 pm CST
The US birth rate hit a record low in 2024, with high housing costs cited as a key reason for the ongoing decline in fertility.