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Gavin Newsom: “That's why we have the most progressive rent controls of any…”

Featuring: Gavin Newsom, Democratic | Governor of California

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California Governor Gavin Newsom | Bloomberg Newsmaker Event

Published | Video Starts at 15:32

While we had the largest tax rebate in US history at a state level 18.1 billion, almost 18.3 depending on how you categorize it. But $18 billion tax rebate to address those costs. That's why we have the most progressive rent controls of any state in America. That's why we're going hard on the supply demand imbalance as it relates to housing. That's why we're starting to address these issues of time to delivering some of the most progressive reforms on permitting in our state's history for large scale projects. (15:32–15:38)

CLAIM

Asserts that California has the most progressive rent control policies in the U.S.

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.


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