But you could build four great new neighborhoods with beautiful open space and parks that more people are using than are getting on those courses right now. Schools, libraries and 50,000 affordable homes for New Yorkers to own or rent. A big reason housing is so expensive is land costs. But here the city owns the land. so we can actually make housing that's affordable for working class, low income and middle class families like the Mitchell Lama of old Penn South Co Op City. (09:17–09:23)
CLAIM
Claims that high land costs contribute to expensive housing, but city-owned land can reduce costs.
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.
