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Charles Loving's avatar

The author identifies that the "city’s far left is engineering a gradual transfer of housing from private ownership to quasi-public control by politically connected nonprofits." He's probably right, but he doesn't follow through to identify the reason for doing this. What is the endgame for them? Is it just political spoils going to the nonprofit cartel? That's a lot of trouble just to steer some power to an ally.

I don't live in NYC. Can anyone expand on this?

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