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Rent Freeze Shakes Stabilized Market | Real Estate News
New York’s rent stabilization board just locked in a zero percent rent increase for all stabilized apartments — a move that’s sending shockwaves through the market, causing buyers to pull back and deals to collapse. While rent control laws have cooled the market since 2019, this full freeze represents the worst-case scenario for investors, who’ve seen property values plummet 40% since then. With loopholes closed and returns slashed, newcomers are fleeing, leaving only seasoned operators to navigate the brutal new reality — and everyone’s adjusting their game. Listen in comfort:Get a discount…
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