1. rent control is a specific, technical term which represents about 24k units
2. rent stabilized representing about 1M sets limits on rent increases in exchange for tax breaks for the building
3. corruption
1. rent control is a specific, technical term which represents about 24k units
2. rent stabilized representing about 1M sets limits on rent increases in exchange for tax breaks for the building
3. corruption
What's next, "these people are technically not in poverty, they're income challenged"
It's not "defining a new term."
In New York City, "Rent Control" is the official name of a specific program/set of laws and "Rent Stabilization" is the official name of a different specific program/set of laws.[0]
And since we're talking about New York City housing laws/policies and that Mamdani is proposing a rent freeze for units in one of those two programs, being specific about it isn't semantics at all.
The all-encompassing term that you thought you were using a gotcha on is "rent regulation."
Please! Put some knowledge on, your ignorance is showing. Sheesh!
[0] https://en.wikipedia.org/wiki/Rent_regulation_in_New_York
Edit: Added ">" to identify the section I quoted.