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Benzinga
Benzinga
Business
Rishabh Mishra

US Housing Market Is 'Not Just Broken, It's Rigged,' Says Craig Shapiro As Mamdani Vows To Build 200,000 Publicly Subsidized Homes, Freeze Rent In NYC

Housing

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.”

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