Under this passes, that's capped at 5%. So they're not going to be able to jack up assessments. And so they say, oh, then they'll just pass it on to renter. Well, This is more friendly for business properties than current law is, and that's just a fact. But then I also think to myself, you know, like, when I was in the Navy as a junior, as an ensign, and I rent an apartment, my life's ambition was not to be in that apartment. (58:18–58:26)
CLAIM
Asserts that the proposed legislation is more favorable to business properties than existing law.
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.
