Socialist Zohran Mamdani – The mayoral candidate for New York City – has admitted that he is in favor of abolishing private property – meaning – the government would own all housing.
“My platform is that every single person should have housing.”
“The system has hundreds of thousands of people unhoused. For what? And if there was any system that could guarantee each person housing—whether you call it the abolition of private property or you call it just a statewide housing guarantee—it is preferable to what’s going on right now.”
1.1 million homeowners in New York City will lose ownership, and the 125,000 people who are earning money from renting out their properties will need to find a different way to supplement their income if Mamdani is elected and abolishes private property in NYC
Fast Fact: There are about 169 million homeowners in the United States – 9.7 of them rent out their properties for income.
