The uncomfortable truth is that rent regulation cannot function sustainably if it ignores the cost side of the equation.

Few would argue that New York City is mired in a housing crisis — as defined by high prices and low vacancies. There’s good evidence for that conclusion. The most recent federal New York City Housing ...

Three New York City apartment buildings. (Photo by: GHI/Education Images/Universal Images Group via Getty Images) New York City’s polarized political climate has created a misalignment in incentives ...