Mamdani touts plan to remove property owners and transfer ownership to tenants

For now, this is a threat. And it's just part of Mamdani's new housing plan.

If this actually happens, New Yorkers will be glad the Second Amendment exists.

Mamdani's new housing plan in a nutshell (emphasis mine) via NYP:

Mamdani's goal of building 200,000 new affordable homes is a 'moral imperative,' but his decisions to do so by imposing potentially crushing minimum wage mandates and restricting property sales will slow construction and preservation, argued Steve Fulop, president of the Partnership for New York City.

The plan also puts a heavy reliance on union-backed Project Labor Agreements. You know, the kind that make everything cost 30-50% more.

And how else will Mamdani improve the housing situation?

Apparently, according to that video above,

Through our new citywide campaign Fix the City, we will focus on the worst landlords in New York City. When necessary, we will take aggressive legal action to remove negligent owners and property managers. And for buildings that have suffered chronic neglect, we will work to transfer ownership to responsible stewards. Stewards that include community land trusts, non-profits, or even the tenants themselves.

Mamdani's progressive cheerleaders were, predictably, thrilled. One group said it's "what a progressive all-of-the-above housing plan looks like," which is code for "we're going to punish success, reward failure, and then act shocked when rents keep rising and supply stays low."

This is the same brilliant economic thinking that has made San Francisco and other leftist utopias such affordable paradises. Control prices, mandate heavily — demonize the people who actually know how to build stuff — and somehow the units will just magically appear while landlords and developers line up to lose money for the greater good.

You know, this all sounds like socialist utopia talk, which we all know ends in dystopia.

But I'm still over here holding onto the hope that Mamdani is just a giant fraud who will not come through on any of these promises.

I'll leave this longer version of Mamdani's speech here: