An interesting article, but I don't agree with the author's conclusion that rent control is worse than the California-style alternative. Is San Francisco currently better off than New York? No rent control there, and prices are even higher than NYC. I wouldn't find my 1br NYC apt for $1500 in SF. Maybe 6 years ago, but not now.
Rent stabilization alone isn't a solution the housing affordability, and maybe there's more to it than meets the eye. But New York's solution shouldn't just be to get rid of it. What model city would they be following?
Rather, changes in zoning laws could be really great, following Tokyo's model. The author hints at this. https://www.vox.com/2016/8/8/12390048/san-francisco-housing-...