You're going to hear me say this a thousand times, and I thank the communities that have stepped up and leaned into this, because that's how you drive down the cost of rent. You build more supply. We saw it In New Rochelle...not only did rents stop going up, they stabilized, and now they're coming down. So we have the proof point that it actually works. So that's why these dollars make a difference. (14:55–15:04)
CLAIM
Asserts that rents in New Rochelle have stabilized and are decreasing.
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.
