Zohran Mamdani’s reign has begun, and that means promoting his socialist wants.
It also means trashing the idea of private property ownership, something he recently did when he visited a dilapidated, rent-controlled apartment building.
🚨🗽 BREAKING — Mayor Mamdani Inspects Capitalist Slums of NYC on 1st Day. pic.twitter.com/jjusFrdqA7
— ★★★ Pamphlets ★★★ (@PamphletsY) January 2, 2026
To be sure, that building was disgusting. I certainly wouldn’t want to live there, but there are consequences to placing price controls and mountains of regulations on landlords. Namely, it drains margins and makes it prohibitive to spend money on upkeep. There are also broader consequences when left-wing governance produces a city that is grossly unaffordable to live in, leaving the poorest with no choice but to reside in such abhorrent conditions, and property owners unable to provide anything better without going bankrupt.
Mamdani’s point was simple: Private landlords are evil and government-backed “affordable” housing is the way to go.