Gavin Newsom: “What about rolling up all the corporate purchases of private…”

“That is, again, externalizing people's debt problem to a place that does not solve the problem and in fact is more likely to lead to people not being able to get credit cards. Because obviously, if you sound like the. Head of JP Morgan, What about rolling up all the corporate purchases of private single family owns? I think that that's. I think that that is a ridiculous misdirect. Okay. The fact is that in the state of California, for example, exorbitantly low percentage. Yeah, relative to other states.” (1:43:18–1:43:24)

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.