Manhattan's average rent reached an
all-time high of $6,655 a month, a 10 percent jump from last year, amid a tight
housing market with just 1.5 percent vacancy rates.
Mayor Zohran Mamdani's rent freeze covers about one million stabilized apartments, but market-rate units for newcomers face pressure from low construction, high mortgage rates, and policies like a proposed pied-à-terre tax.
People shared raw takes like 'You shouldn't need two full-time incomes for a one-bedroom,' reflecting nationwide gripes over basic shelter costs.