Re:Show HN: An interactive dashboard to explore NYC rentals ...
by jeffbee on Friday August 01, 2025 @11:57AM
(#44758666)
For most Mamdani policies you can find a closely corresponding Bloomberg policy. The man is not a Molotov-throwing revolutionary.
Re:Show HN: An interactive dashboard to explore NYC rentals ...
by underlipton on Friday August 01, 2025 @01:18PM
(#44759636)
You still have to explain the elite freakout, if he's just Bloomberg Lite. His tone is important. He's getting people used to the idea that they can ask for these things, and that politicians can run on them without obfuscating, for fear of the always-anti-socialist crowd. He's shifting the Overton window.
Re:Show HN: An interactive dashboard to explore NYC rentals ...
by rangestransform on Friday August 01, 2025 @06:31PM
(#44763170)
Trumpian campaign tactics perhaps, campaigning on populist rhetoric while the actual policies leave a lot of populism to be desired. Can’t say it isn’t effective
Re:Show HN: An interactive dashboard to explore NYC rentals ...
by screye on Friday August 01, 2025 @01:52PM
(#44760042)
The issue is their track record. No one believes election campaign promises.
Bloomberg is a centi-billionaire with a track record of loving the free market. His mayoral terms were known for fiscal discipline (vs social welfare spending), hard-on-crime stances (vs. abolish police) and a strong focus on data driven outcomes (vs. intent).
Mamdani is a member of the DSA, which has a track record of being anti-business (Amazon HQ2), pro-regulation (making housing expensive) and pro-union (IMO, NYC unions are a cartel keeping housing & transit more expensive than they need to be).
On paper, they might endorse similar policies, but politicians are judged by their track record and immediate association.
Re:Show HN: An interactive dashboard to explore NYC rentals ...
by Eawrig05 on Friday August 01, 2025 @05:38PM
(#44762782)
That’s all fair context, but rent stabilization as a policy goal has real trade-offs. Freezing rents might offer short-term relief, but long term it disincentivizes new construction.
Mamdani’s stated policy is to set the y/y increase in rent for already stabilized apartments to 0% as opposed to the 3% average over the past 4 years. And in recent interviews he also has clarified he’s only promising it for the first year to counteract historically high rent increases over the past few years and subsequent years will be addressed like they always are, based on an analysis of the rental market.
Btw, the rent freeze was done at least 3 times in the 2010s with a 0% increase y/y, so this is not even new policy.