Copyright smh
Here are five big things on his to-do list. Rent freeze New York is at the pointy end of a wider trend of people leaving big cities for states such as Florida or North Carolina, our correspondent Michael Koziol writes. Rents in the city have soared since the pandemic, with the median rent for a one- or two-bedroom apartment now $US3600 ($5500) a month – twice the national average, according to Realtor.com figures. New Yorkers earn more than the average American, but those figures are blown out by high-paying jobs in finance, law and technology. For the working-class, under-employed, essential workers and artists, the city is fast becoming prohibitively expensive.
