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COVID-19 dramatically changed New York City's real estate market. Demand plummeted as people left, while supply surged, driving prices down. Decreasing rent requires increasing supply by removing regulations that hinder building. Is a rent freeze the right solution? #NYRealEstate #SupplyAndDemand #COVIDImpact #RentFreeze #HousingCrisis | The Maximus Breakdown
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COVID-19 dramatically changed New York City's real estate market. Demand plummeted as people left, while supply surged, driving prices down. Decreasing rent requires increasing supply by removing regulations that hinder building. Is a rent freeze the right solution? #NYRealEstate #SupplyAndDemand #COVIDImpact #RentFreeze #HousingCrisis | The Maximus Breakdown
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