Thousands of NYC Rent-Controlled Apartments Sit Vacant

10 Sep 2023 Leave a comment

by Jim Rose in applied price theory Tags:

Here’s evidence, if anyone needs it, that rent control contributes to housing scarcity: a new report says that more than 13,000 rent-controlled apartments have been vacant for at least two years. Nearly 90,000 rent-controlled apartments were vacant in 2021 and more than 60,000 were still vacant in 2022. Manhattan apartment … Continue reading →

Thousands of NYC Rent-Controlled Apartments Sit Vacant

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