
Economist Craig Shapiro has been calling for a national housing policy overhaul, as he believes the housing market is “rigged,” amid New York City mayoral candidate Zohran Mamdani‘s ambitious housing reform agenda.
What Happened: In a detailed Substack essay and an X thread, the macro strategist at the Bears Trap Report, Shapiro, highlights how the housing market has become an “over-subsidized, under-scrutinized asset class in America.”