But when we finally were able to own and not live with relatives or stretch every month to pay rent, for me as a child it provided stability for, for my parents. It gave them the first opportunity in their life to create wealth. In California right now we have over 400,000 regulations on the books. Many of them are good and for good reasons. But on housing we are a blue state held down by red tape. A blue state held down by red tape. (08:11–08:17)
CLAIM
Asserts that California has over 400,000 regulations currently in effect.
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.
