US Supreme Court refuses to hear arguments on rent stabilization

Rent stabilization is a crucial policy that seeks to protect tenants from excessive rent hikes and ensures housing affordability. In New York, this system has been in place for decades, safeguarding countless individuals and families from exorbitant rental prices. The case that the Supreme Court declined to hear aimed to challenge the constitutionality of this system, potentially dismantling a vital safeguard for New York renters and renters across the country.

In this episode I discuss rent stabilization.