NYCHA’s in hot water again over a $2M graft scam, exposing deep systemic flaws in NYC’s public housing chaos.
New York and Hong Kong face housing crises driven by restrictive policies. NYC's rent-stabilization laws lead to vacant apartments and maintenance issues, while HK's proposed scheme to restart tenant purchases aims to address affordability but faces management and equity concerns. Both stories highlight policy failures and potential consequences.
New York City’s incoming mayor Zohran Mamdani plans to halt encampment sweeps, focusing on connecting homeless individuals to housing. This contrasts with current policies that prioritize clearing camps, which critics say reduces disorder but leaves many without permanent shelter. The debate highlights ongoing challenges in addressing homelessness effectively.