Progressives created NYC’s housing crisis and it’ll only grow worse until we let builders and owners turn a fair profit

This editorial outlines the ways in which progressives have hamstrung the supply of housing in New York City, including this double whammy: by blocking a tax incentive for private developers and a code act that caused 43,000 units to be taken off of the market. It sums up by saying, “Letting builders and owners turn a profit is the only way to end this growing crisis, but the dominant left keeps pushing in the other direction.”

Source: https://nypost.com/2023/10/22/progressives-destroying-nycs-housing-supply-and-itll-keep-getting-worse-until-we-stop-slamming-builders-owners/