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Why the FARE Act Will Make NYC’s Housing Crisis Worse | Jason Haber on Fox5
Автор: Jason Haber
Загружено: 2025-06-14
Просмотров: 321
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On June 10th I joined Fox5’s Bianca Peters and Natasha Verma to discuss the real-world consequences of the FARE Act, which is set to change how broker fees are handled in New York City. While well-intentioned, the law fails to address the root cause of our housing crisis: a severe lack of supply.
📈 This policy will lead to:
– Higher rent increases.
– Reduced rental inventory.
– A city that becomes even less affordable for New Yorkers.
💡 During this segment we break down what the FARE Act really means—and why New Yorkers should be paying attention.
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