Trump's housing chief is taking aim at New York City's housing agenda, arguing the policies championed by Mayor Zohran Mamdani would worsen affordability rather than solve it by discouraging private investment."Socialist progressive policies never work," Turner told Fox News Digital in an exclusive interview."To try to implement those policies in one of our greatest cities in the world — you will see people leaving New York in droves.
Businesses and families can't afford it."Turner's comments come as Mamdani has made housing affordability a centerpiece of his administration, backing policies like rent freezes for stabilized apartments and higher taxes on corporations and wealthy residents to fund affordable housing.He also wants local government to play a larger role in addressing New York City's housing shortage.NEW YORK CITY IS ABOUT TO TEST MAMDANI'S PROGRESSIVE ECONOMIC VISION, HERE'S WHAT TO KNOWBrownstone apartments in Manhattan, New York City, United States of America on July 6th, 2024.
(Beata Zawrzel/NurPhoto/Getty Images)As America's largest city and one of its most expensive housing markets, New York has become a focal point in the national debate over how to address affordability.Turner's criticism reflects the Trump administration's broader affordability strategy, which, in contrast to Mamdani, emphasizes reducing regulations, expanding the nation's housing supply and encouraging private-sector investment rather than increasing government's role in the market.The Housing and Urban Development (HUD) Secretary told Fox News Digital that states such as Florida and Texas are "ahead of the game" on addressing the affordability crisis because they have prioritized homebuilding and reducing regulatory barriers that drive up costs.He argued New York should follow a similar approach, saying affordability improves when governments make it easier for builders to construct new homes rather than expand their role in the housing market."That's what we're doing now...