Ryan Fournier: Manhattan average rents surpass $6,600 as record highs reached

Ryan Fournier: Manhattan average rents surpass $6,600 as record highs reached
Manhattan rents reach new record high

Ryan Fournier reports that average Manhattan rents have reached a new record high, topping $6,600 per month.

He criticizes government rent controls, stating that these measures have failed to prevent rising market-rate housing prices and have contributed to a collapse in available inventory.

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