Real estate experts Dolly and Jenny Lenz break down the latest trends in real estate and the state of the real estate market in ‘The Claman Countdown.’
Real estate experts are sounding the alarm about what could happen to New York City landlords if Mayor Elected Zohran Mamdani you win the election.
The “Democratic Socialions” of democracy “took the city by storm with a housing platform that included a tax freeze and higher taxes on the poorest earners. The so-called “Mamdani effect“He’s come from the city since his campaign began, with Manhattan’s housing market seeing volatility.
“Everybody is preparing for real estate agents, especially,” said Dolly Lenz, CEO of Dolly Lenz Real Estate, on Tuesday in “Claman’s Destruction.” “Let’s say you own a town in New York. … you say you’re going to cut back on the police. You don’t want to be in a town building. You want to be in a doorman’s building, right?
NYC Rep. Mamdani Mamdani Mamdani has doubled down on the president’s science policies like free buses, child care.
New York City MaMerd Private Zohran Mamdani speaks during the ‘New York is not for sale’ gathering at the Forest in the Forest event on October 26, 2025, in Queens Brough. (Photo by Stephanie Spindel/ViewPress)/Getty Images)
Jenny Lenz, Managing Director at Dolly Lenz Real Estate, explained that buyers are “a little hesitant right now” and choosing to rent instead of buying next.
Mamdani’s campaign is focused Finding and re-fencing wealth – Opinions that have met with some New Yorkers, according to previous reports. The Duo-Mody Duo noted that affordability is always a top issue for Americans as home prices continue to rise compared to pre-Africa levels.
“We’re up 53%. That’s an amazing number,” Jenny said. “We’ve had 27 straight months of increases, and the median home price is about $415,000 now. So that’s the story, as at the same time, we’re seeing our friends and their regular customers go down.”
The American people “voted with their feet” and revived the housing market as the Blue Recount in estate.
“It’s because everybody fled, everybody’s coming back, and prices were down,” Dolly told FOX Business. “So, you look at any place like New York – The price is biased. You look at Florida, Florida is expensive. So, there’s not as much buying volume;
Mayo County Democrat Zohran Mamdani speaks during a mayoral debate at Rockefeller Center before the election. (Angelina Katsanis-Pool/Getty Images/Getty Images)
Jenny added that the places where the Americans once fled “are not doing well” because many citizens have returned.
“Developers have gone down there — Florida, Texas — and built and built and built, maybe too much,” he said. “Now, people are moving back. So, you’re seeing a lot of deals in those markets, except for places with limited supply, like Palm Beach.”
Some buyers, experts say, are trying to balance both experiences — living in Florida and New York — by downsizing one home and buying another.
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As first-time properties come back on the market, real estate experts say determining the retention rate can help.
“Any downsizing is acceptable, obviously, and the rate of reduction is acceptable,” Dolly said. “I have news for Jerome Powell: Please, please make two this year. We need it, and it’s good for the economy, it’s going to be good for everybody.”
