But I think you see a lot of these people who are voting for people like Mandami and they think it's just a bunch of rich people losing their money. That's not the really bad condition. The bad condition is You're going to see banks not finance that sector anymore. And when liquidity moves out of the system, that hurts everybody. People don't fix their properties up. That ultimately hurts the working class people who live there. (04:28–04:31)
CLAIM
Asserts that banks will stop financing the rent-stabilized housing sector.
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