He missed his calling. Freeze the rent sounds great. Yeah. It affects about 25% of the number of housing units in the city of New York. It's not a new idea. Bill de Blasio did [a rent freeze]. It turned out to be a debacle and it does nothing for 75% of the units. And for the 25 it just postpones the increase and actually quite causes us to lose units because landlords took them off the market. (16:22–16:30)
CLAIM
Asserts that Bill de Blasio's rent freeze was ineffective for 75% of housing units.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
