Yeah, well, first of all, it does nothing for the 75. And you don't really freeze the 25, you just postpone the increase. So that's a gimmick. The real answer is build more housing because We have a 1% vacancy rate. but we can do that. I was the former HUD secretary. I built housing all across the United States. It's not rocket science. (05:06–05:09)
CLAIM
Asserts that New York City has a 1% housing vacancy rate.
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.
