The New Jersey and surrounding housing markets could be impacted by the potential election of New York City mayoral candidate Zohran Mamdani.

Mamdani’s policies largely aim to break from establishment norms as a democratic socialist, and specific proposals could lead to real estate disruption.

Why It Matters

Mamdani has advocated for free city buses and city-owned grocery stores, but his progressive politics have gained the attention of a large portion of voters.

Online gambling website Polymarket said in a new report that Mamdani has a large lead over his competitors in the incoming mayoral race.

What To Know

Real estate brokers have been warning about a potential fallout since Mamdani won the primary, and his policies could affect the housing markets within New Jersey and Con

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