New York City just approved a rent freeze on nearly one million apartments. Sounds great… until reality kicks in.
— I Meme Therefore I Am 🇺🇸 (@ImMeme0) June 26, 2026
Rent is frozen. Costs aren’t.
Property taxes rise. Insurance rises. Utility bills rise. Repair costs rise.
Landlords cut back on maintenance. Renovations stop.… https://t.co/kFCilgE3q9 pic.twitter.com/tUR5dhNlA9