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The Guardian - US
The Guardian - US
World
Tom Perkins

How could Zohran Mamdani pay for his bold agenda for New York? We broke it down

Zohran Mamdani New York
a man speaking in front of a microphone at lectern marked 'a new era for new york city'
Zohran Mamdani speaks during a press conference on 5 November in the Queens borough of New York City. Photograph: Alexi J Rosenfeld/Getty Images

Bold promises to make the city more affordable propelled the New York City mayor-elect and democratic socialist Zohran Mamdani to his unlikely win on Tuesday. Among them: free buses, universal childcare and a massive expansion in low-cost housing.

But making the city more affordable for residents is an expensive government task, and many economists and politicians to Mamdani’s right say he faces too many obstacles to meaningfully deliver on his signature ideas.

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