Is this New York’s cost of living election?

New York City is in the midst of a cost of living crunch. As a result, the race to become its next mayor this week has been dominated by how to make the city more affordable.

We hear about radical plans and ask whether they add up, and look at what the race to run the capital of capitalism might teach other cities about how to fight an affordability crisis.

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Presenter: Will Bain Producer: Matt Lines

(Picture: The sun sets on the skyline of lower Manhattan and One World Trade Center in New York City on October 24, 2025, as seen from Jersey City. Credit: Getty Images)