Michael Blake: “Most data has shown that essentially half of families don't…”

“And so that means guaranteed income, as well as an increase in direct, direct wages for residents. If we do that it changes the game immediately. Most data has shown that essentially half of families don't have more than $400 in their account. If an emergency happens, doing that changes the game out the gate. Second, when we think about affordability, we have to be very clear on how do we make sure that people can own and keep a home.” (05:02–05:08)

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.