If Mamdani wins, landlords flee, cops walk, Wall Street prices collapse and voters won’t be around to pay for it.

If Zohran Mamdani wins New York City, it will happen fast. Betting markets put him at 80%. The wealthy are already planning to leave. This will not be slow change. It will be a jolt.

Cops are already looking to leave. Florida Governor Ron DeSantis says NYPD officers will head south, where they get a $5,000 bonus to join. “They elected some anti-law enforcement mayor in New York City, and now all these NYPD cops want to come work in our agencies and get the $5,000 bonus.” https://www.msn.com/en-us/news/us/ron-desantis-predicts-nyc-cops-will-flee-to-florida-if-zohran-mamdani-wins/ar-AA1JwIPj

Money is also ready to go. TIME says CEOs expect more capital to move to Texas and Florida. From 2018 to 2022, New York lost over $9 billion in income from people moving. “Immediately after the election, many New York CEOs and financiers predicted an accelerated flight of capital to lower tax states like Texas and Florida.” https://time.com/7298149/nyc-socialist-zohran-mamdani-capitalism-essay/

Landlords expect trouble. Mamdani wants to freeze rents and stop evictions. That means fewer repairs and fewer new buildings. “Rent freezes… would cut deeply into an owner’s ability to maintain aging buildings… buildings could fall into disrepair, echoing the abandonment and decay seen in parts of the city in the 1970s.” https://www.elikarealestate.com/blog/zohran-mamdani-real-estate-reset/

If property values drop, the city’s credit score will fall. Borrowing will cost more. Big projects will stall. Mamdani also wants more public housing, free transit, and free childcare. Without Wall Street taxes, the math does not work.

Chicago after 2020 saw more crime, fewer taxpayers, and empty stores. Now picture that at New York scale. New York State Senator Bill Weber says a Mamdani win could throw the city into chaos. “It could be in chaos… Anyone that’s gone into the city recently sees a lot of just unsafe situations.” https://www.foxnews.com/politics/new-york-lawmaker-sounds-alarm-potential-devastating-effects-mamdani-victory-chaos



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *