The proposal is an attempt to seize momentum on one of the campaign’s top issues — the housing crisis — and could affect nearly one million homes, or about 40 percent of the city’s rental market.
It’s also part of a continuing attack on the front-runner in the race, Assemblyman Zohran Mamdani, who pays $2,300 a month for a rent-stabilized one-bedroom apartment in Astoria, Queens.
“rich” old people are not living in rent controlled apartments. The landlord is far more likely to be the rich old person you are thinking of. But rent control does help protect them from urban decay destroying their investment. So there is that. But it protects the renters as well. So win win. You clearly have no actual logic behind your argument. Just a short sited opinion.