Good for the country overall and sends a message but bad for NYC.
Its a prisoners dilemma situation.
I don’t know about you, but every renter in NYC just sighed for relief just now.
Renters should just own property to get equity.
Not that I entirely disagree (back in the day I thought Dubya's "ownership society" rhetoric was marginally less idiotic than most other budding leftists whom I knew thought it was, although the policies that that rhetoric was supporting obviously turned out to be disasters), but this strikes me as a great example of an unhelpful "should" without reference to an "is" (or, more specifically, a "how to").