And just a great three word slogan for TikTok. The way to increase availability of affordable housing is to build affordable housing. I was the HUD secretary. I did it all across the country. We have 1% vacancy rate. We're not building enough affordable housing. And you need a competent, productive government to do that. And that's what I've done across the country, across the state. Make government work. You get the supply up, the rents will come down. (17:08–17:14)
CLAIM
Asserts that New York City has a 1% vacancy rate and insufficient affordable housing construction.
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.
