This Is How New York Will Collapse | Tom Bilyeu Show LIVE Clips

What It Covers

Tom Bilyeu analyzes why New York mayoral candidate Zoran Mamdani's rent control and free transit policies will accelerate economic collapse through capital flight and reduced housing investment.

Key Questions Answered

• •Rent Control History: New York's 1960s-70s rent freezes made building maintenance unprofitable, leading to widespread arson where 25% of Bronx building fires were insurance fraud by landlords unable to cover costs.
• •Housing Supply Solution: Deregulate construction restrictions and implement escalating property taxes on multiple home ownership (50% tax on third properties) to increase supply rather than artificially controlling prices through rent caps.
• •Voter Psychology Study: Cross-cultural research shows voters prefer policies that punish wealthy people even when those policies worsen conditions for the poor, rather than supporting free market solutions that help both groups.