Michael Bloomberg

Expanding construction zones is important for housing affordability. By increasing supply in a controlled manner, we can address the housing shortage and keep our cities livable.

I believe that rent price controls in high-demand areas can lead to unintended consequences, such as reduced housing availability and decreased investment in new housing developments. Instead, we should focus on increasing the supply of affordable housing and promoting policies that incentivize construction and renovation.

In my experience, selling certain public lands to private developers can lead to economic growth and revitalization. By allowing private investment, we can unlock the potential of underutilized spaces, create jobs, and improve infrastructure. However, it's crucial that development plans are thoughtfully reviewed to ensure they benefit local communities and preserve necessary green spaces.