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pimpbot

(1,189 posts)

5. does he have a plan to freeze taxes and insurance?

Reply to Nanjeanne (Original post)

Fri Jun 26, 2026, 08:14 AM

Friday

Im not a mega landlord, just have one house which I have rented for about 15 years. I have only raised rent when needed, which is when my two major costs go up... taxes and insurance.

Taxes have gone up 150%, and insurance is around 200%. Mortgage is fixed which helps but people who took out arms have been feeling the higher interest rates for the last couple years.

So I think this is a good thing, just hope they have a plan to help smaller landlords who might not be able to absorb higher costs like the mega-lords.

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Highlight:

Mamdani's Rent Freeze Is Approved by New York City Board [View all] Nanjeanne Thursday OP

The haters can hate but this man is delivering on his promises to the city!!! Pisces Friday #1

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Thanks Mayor Mamdani! SocialDemocrat61 Friday #4

does he have a plan to freeze taxes and insurance? pimpbot Friday #5