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NYC rent freeze plan faces mayoral opposition from Eric Adams

Cheryl Casone reports on NYC Mayor-elect Zohran Mamdani's controversial rent freeze plan. Current Mayor Eric Adams may block the plan by packing the Rent Guidelines Board.

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The Washington Post editorial board took a hard-line stance against rent control policies, arguing that "capping prices is a textbook policy failure" that ultimately leaves renters "worse off" than they would have been otherwise.

In an editorial Tuesday, the Post cited failures of rent control in cities such as St. Paul and New York City as evidence that the Los Angeles City Council's 12-2 vote to lower its existing cap on annual rent increases will do more harm than good.

"Whenever people get anxious about affordability, populists offer up a deceptively simple solution: rent control. Yet capping prices is a textbook policy failure that leaves renters in every community which tries it worse off than they would have been otherwise: less housing supply, more deferred maintenance and reduced mobility. Fresh examples aren’t needed, yet cities and states keep repeating the experiment," the editorial board wrote.

HUD CHIEF BLAMES 'UNCHECKED ILLEGAL IMMIGRATION' PRICING-OUT FAMILIES AMID NEW HOUSING REPORT

A Zohran Mamdani supporter holds a "Freeze the Rent" sign at a canvass launch in Hells Kitchen, New York City, Oct. 28, 2025.? (Fox News Digital/Deirdre Heavey)

Contrasting the differences in outcomes between rent-controlled and cities without rent control, the Post highlighted "the tale of the Twin Cities in Minnesota," comparing St. Paul to neighboring Minneapolis to show how their sharply different housing policies tell a compelling story.

"In 2022, St. Paul ushered in one of the strictest controls in the country, capping rent increases at 3 percent for most apartments. Its neighbor Minneapolis, just across the Mississippi River, rejected price controls and concentrated instead on creating housing supply to meet demand," the paper detailed. 

"In St. Paul, housebuilding permits plummeted by 79 percent in the first year. In Minneapolis, they increased nearly four times. Rents went up in St. Paul more than twice as much as Minneapolis, in part because some landlords maxed out the cap to make up for future losses, according to a story this week in the Wall Street Journal," the Post editorial read.

According to the Post, while St. Paul is "trying to clean up the mess it made" through its housing policies, critics of rent control won the mayoral races in both cities last month.

HOUSING COSTS ARE CRUSHING FAMILIES – HERE’S THE WAY OUT

The city government of St. Paul did not immediately return Fox News Digital's request for comment.

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A "for rent" sign in front of a home July 12, 2023, in Miami, Fla.? (Joe Raedle/Getty Images)
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