Bobby Ghosh, Columnist

The Rent Is Too High for Too Many Young New Yorkers

Many US cities saw a construction boom during the pandemic, and their lower rents now look pretty good to someone in a pricey basement studio in Brooklyn.

February 15, 2024 at 8:15 PM UTC

By Bobby Ghosh

Bobby Ghosh is a senior editor in the digital weekend team. Previously, he was a columnist at Bloomberg Opinion, where he wrote mostly about international affairs and culture.

Shoulda built more.
Photographer: Ismail Ferdous/Bloomberg

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Jimmy McMillan’s mantra about New York City has never been more true, and high rents could cause the city to lose young people to metros that experienced a construction boom during the pandemic. It didn’t have to be this way, Conor Sen argues: