Mamdani’s rent freeze threatens up to 100,000 units; his Sunnyside Yard plan promises just 12,000. Net loss: 88,000 homes. LA developer Moses Kagan explained why the math never works: developers are landlords. Freeze what a building can charge and it’s not worth building. Politico’s own sources called the Mamdani-Raman platform “capitalism for developers, communism for landlords.” Cuba tried this in 1958—housing stock has decayed for 65 years.
Mar 08, 2026 · 4 min